AI-Powered Retail

Learn how you can save up to 12% on inventory costs with this PoC of SoftServe’s Amazon Forecast-powered demand prediction solution. We leverage cutting edge Machine Learning and Deep Learning tools together with relevant third-party data to improve the accuracy of your forecasts, typically by around 20%. Our typical success story is a company comes to us with $100M in average inventory on hand, we forecast that they can sell just as much product with $90M on hand, and the company frees up $10M to invest in growing the business. Assuming the company can expect to earn 10% on this freed up capital and our annual maintenance cost is <250K, the annual ROI for our solution is 400%. These savings don’t come out of the blue, however. They’re the result of hundreds of hours of work by our ML engineers and data scientists who work hand-in-hand with your team to build on your winning forecasting strategies by using new tools and testing different third-party datasets until we find the winners for your business. Interested? Here’s how you can hire us for a free 14-day Proof of Concept! Write us at retaildemo@softserveinc.com to request a free, personalized half-day workshop from one of our data science team leads.