Recently, with industry-leading intelligent supply chain decision-making solutions, Shigosu Technology has won the Shanghai Chain Management Association "2020 Best Retail Smart Construction Award" and China ECR(Efficient Consumer Response) "2020-2021 Excellent Case Best Practice Project" award. The two awards in one month fully prove the innovation and practicability of Shanshu Technology in the retail industry, and it is also highly recognized by the authoritative three parties for the contribution of Shanshu Technology in the digital transformation and development of the retail industry.
Due to the long-term impact of the COVID-19 pandemic, Chinese consumers' consumption patterns are gradually changing from passive to active, which also results in a blowout development of sales channels such as social e-commerce and online live streaming. When we are amazed at the surging tide of new consumption, the competition mode of retail enterprises is also quietly changing. Different from the "location" entrance in the era of department stores and the "flow" entrance in the era of e-commerce, the new consumption era needs to start from consumers, find the right product positioning, and improve the efficiency of all links of the supply chain and user experience.
Constantly innovate in practice and customize "flexible supply chain" for retail enterprises
From demand forecasting, product research and development, production planning, warehousing and logistics, order management to marketing and sales, each step of retail enterprises to improve the efficiency of operation needs to be built on the basis of efficient data intelligent decision-making. Shigu Technology has been actively participating in every stage of the development of the retail industry, and using the twin engines of operational research optimization + machine deep learning, to constantly explore and innovate in core technologies and business scenarios, to help enterprises better cope with the challenges brought by the supply chain field in the changing tide of new consumption, and create differentiated market competitive advantages.
Sanshu Technology creates a digital intelligent supply chain exclusive platform for retail enterprises, which mainly includes demand plan, supply plan, performance plan and supply chain control tower four module solutions:
Demand planning solution: Based on a large number and diversity of internal and external data, through reasonable mathematical model and algorithm selection for demand prediction, more accurate capture of demand fluctuations.
Supply planning solution: taking into account production, inventory replenishment and transportation planning, realizing a closed-loop planning from demand to supply.
Performance plan solution: Help enterprises accurately capture changes in customer and market demand, and make the optimal and most agile order performance while taking production, inventory, transportation and other factors into consideration, so as to realize the data-driven end-to-end intelligent performance process.
Supply chain control tower: With the help of big data technology and AI algorithm, it provides powerful simulation analysis and data analysis functions for enterprises to realize the visualization of key supply chain data and assist businesses to make agile decisions.
The solution can provide retail enterprises with an intelligent supply chain decision-making center that integrates "visibility, flexibility and agility", and takes the optimization solver COPT independently developed by Sanshu as the algorithm engine, and uses the combination of "massive data + intelligent algorithm" to open up the whole chain of forecasting, replenishment, inventory, pricing, marketing, sales and logistics. Make retail forecasting more accurate and valuable, and ultimately improve the efficiency of the supply chain.
Win recognition in practice, release millions of inventory occupied funds, improve the effectiveness of intelligent decision-making
The global coronavirus outbreak in 2020 also brought more unexpected uncertainty to retailers, which witnessed a sharp shift in customer traffic from physical retail to e-commerce. Enterprises are clearly aware that not only good products, but also efficient supply chain services are the "killer apps" to win customers.
After deploying the end-to-end supply chain planning and decision-making system provided by Sanshu, the award-winning supply chain digital intelligent upgrade project of a well-known candy and chocolate brand not only realized the real-time seamless connection of the business in all channels by breaking through the data barriers of multiple departments, but also greatly improved the efficiency of the supply chain: the inventory turnover rate increased by 10%, releasing millions of inventory occupied funds; Prediction accuracy increased by 14%; Order fulfillment rate increased by 15%, and the ability to make quick decisions and resist risks in the supply chain was further improved.
The retail market is changing all the time, new models and technologies are emerging constantly, and supply chain challenges are constantly changing. Enterprises must realize that complex problems should be solved by scientific and comprehensive means, rather than the traditional way of processes. In the future, Sanshu Technology will continue to deeply cultivate the retail industry, constantly create highly modular products, solutions and services, and solve a series of decision-making optimization problems in supply chain business scenarios, so as to help retail enterprises accelerate the realization of digital intelligent supply chain upgrade.
