A Rapidly Evolving Landscape



The world of health and beauty is rapidly evolving across many fronts –physical locations are becoming experience destinations, digital distribution is crucial to success, and your legacy systems are sunsetting. These changes introduce a new set of challenges for your business, such as forecasting demand and promotion planning for each sales channel individually.

Amidst these new challenges are the common obstacles you can continue to address: balancing the cannibalization between private label and national brands, predicting the performance of new SKUs, and ensuring promotions hit sales targets. As the industry landscape evolves and new challenges arise, will your business be able to keep pace?

 
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Predict New Product Demand

Harness the power of ML to more accurately predict the demand for new products

ML-ENABLED FORESIGHT

New SKUs are constantly included into your product mix and account for a significant portion of your business. However, predicting demand for new SKUs with limited performance information leads to inaccurate forecasts. Rubikloud’s ML models use product embedding, through Natural Language Processing, to better categorize new items across a greater depth of attributes and dimensions. This improved categorization reveals patterns across similar items and results in a forecast that more closely aligns to actual consumer demand.

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FORECAST ACCURACY IMPROVEMENT

Clients typically see 26% improvement in forecast accuracy for new products

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SKU-Level Forecasting

Improve inventory coverage with SKU-level forecasts across every channel

AI-POWERED ACCURACY

With hundreds of thousands of products, predicting demand for each SKU is a complex challenge – especially considering that the demand for every item behaves differently across each of your channels. Traditional forecasting approaches and software lack the ability to account for these nuances. Rubikloud’s AI Engine continuously analyzes key factors that impact the demand of individual products, producing automated, accurate forecasts that help Buyers reduce stockouts and prevent excess inventory.

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SKU-LEVEL FOREACST ACCURACY IMPROVEMENT

Clients typically see a 33% improvement in SKU-level forecast accuracy compared to baseline approaches and existing systems

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Strategic Promotion Planning

Maximize promotion performance with AI-powered decision automation

OPTIMIZED PROMOTIONS

While promotions are essential for reaching sales targets, the inefficiency of promotion planning leads to repeating past programs with diminishing returns. Rubikloud’s AI Engine simulates what-if scenarios in real-time, allowing for Merchandisers to identify and create the most effective promotions based on business constraints and objectives. These optimized plans feed back into legacy systems, enabling seamless implementation and execution.

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INCREMENTAL SALES IMPROVEMENT

Client saw a 10% incremental sales improvement per promotion compared to existing systems

Why Choose Rubikloud?

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UNIFIED DATA

Our expandable solutions ingest data from all your raw sources and quickly converts it into a clean, usable data model. This removes the onus from internal resources and allows for seamless integration back into your legacy systems.

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REAL PRODUCT. REAL RESULTS.

Our proven solutions are deployment ready, no need for costly custom builds or lengthy sessions that never lead to anything tangible. This approach delivers the fastest time to value on the market while optimizing total cost of ownership.

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WORLD LEADING RETAIL-SPECIFIC ML

Using our best-in-class, industry specific Machine Learning expertise, we tackle the most complex and nuanced business challenges uniquely impacting retailers.

Stop Speculating. Start Predicting.

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