bOPS is an inventory intelligence platform that synchronizes retail-SKU and supply chain data to enhance collaborative forecasting and replenishment for manufacturers and distributors. By leveraging real-time consumer demand insights, bOPS reduces out-of-stocks and excess inventory, leading to a 5% reduction in missed sales and a 12% decrease in inventory costs.
Funding
$3.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
CPG suppliers often struggle with inaccurate demand forecasting due to siloed retail and supply chain data, leading to stockouts, excess inventory, and reduced profitability. Traditional collaborative planning, forecasting, and replenishment (CPFR) processes lack real-time visibility into consumer demand at the store-SKU level.
Solution
bOPS is a collaborative inventory intelligence platform that synchronizes retail-SKU and supply chain data to improve demand forecasting and replenishment for CPG manufacturers and distributors. The platform leverages real-time consumer demand insights to reduce out-of-stocks and excess inventory. By providing a technology-first approach to CPFR, bOPS enables streamlined collaboration with retail partners and internal supply chain teams, mitigating under/over ordering and improving forecast accuracy. The system integrates with existing systems to improve supply chain planning and execution, and retail trade collaboration.
Target Audience
The primary target audience includes CPG manufacturers, distributors, and their customer supply chain teams seeking to improve inventory management and reduce stockouts and excess inventory.
Features
- Synchronizes retail-SKU and supply chain data for enhanced visibility.
- Provides real-time consumer demand insights for accurate forecasting.
- Offers dynamic planning parameters and workflows for collaborative forecasting and replenishment.
- Delivers proactive recommendations to reduce out-of-stocks and excess inventory.
- Enables multi-echelon replenishment with dynamic inventory policies by location-SKU.
- Integrates with existing systems to improve supply chain planning and execution.
- Provides shelf-connected insights to continuously improve consensus demand planning and S&OE.