RESENSE our AI-ML platform, outperforms traditional demand forecasting by combining external demand drivers
with internal data. Our innovative Outside-In approach offers hourly, realtime, in-store demand prediction, giving you
unmatched precision. Say goodbye to waste and inefficiency, and embrace profitability with accurate forecasts.
Jubilant Food Limited, India’s major food franchise with 1600+ Domino’s outlets across India was manually estimating and ordering ingredients for each outlet. Manually done translating to inaccuracies in calculating consumption and indenting quantity, resulting in stock-outs, and waste.
Enter RESENSE, equipped with cutting-edge insights, the QSR chain could anticipate sales and consumption at the restaurant/ingredient level. In addition, they could calculate safety stock and automate daily indents at the ingredient or restaurant levels.
Since implementation, RESENSE has increased daily availability by over 40% leading to increase in sales and service levels by automating ingredient forecasts daily with an accuracy of over 85%. Plus, their auto-indenting service has brought down daily wastage below 1% leading to substantial savings in costs. A matter of pride for us.
With locations in over 35 cities, a prominent Indian food and grocery retailer was looking for a way to reduce inventory levels while increasing profitability and lowering inventory Days of Holding (DoH).
RESENSE helped the retailer create accurate sales forecasts and optimise inventory at the SKU level as well as provide scenario analysis to help manage inventory load in stores more efficiently.
The results were far more than fruitful, with a significant reduction in overall inventory burden as well as a reduction in DoH to specified guidelines, ensuring product freshness and customer satisfaction. A win-win situation for all.
We always love hearing from those who want to transform their businesses. Whether you’re facing challenges to get accurate forecasting and efficient supply chain planning or just want to learn how RESENSE can help fulfil your enterprise’s potential, we’re here to consult!
RESENSE is built by Nihilent. We are a global change management company that uses human-centred approach to solve complex business problems. With 15 offices across 5 continents, we have been transforming businesses of all shapes and sizes across geographies for last two decades.
If you are looking to transform your business and processes, with the power of retail intelligence, write to us at:
