The startup develops an AI-driven platform that analyzes retail data to optimize inventory levels and pricing strategies, enhancing customer retention. By transforming complex data into actionable insights, the solution provides retailers with a reliable source of cash flow instead of a technical burden.
Funding
$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
Retailers often struggle with inefficient supply chain management, leading to stockouts, overstocking, and reduced profitability. Inaccurate demand forecasting results in lost sales, excess inventory holding costs, and difficulties in optimizing pricing and promotions.
Solution
Celes offers an AI-powered platform designed to optimize supply chain planning and execution for retailers. The platform provides advanced demand forecasting, inventory management, and pricing optimization capabilities, enabling retailers to minimize stockouts, reduce excess inventory, and improve overall profitability. By leveraging machine learning algorithms, Celes analyzes historical sales data, market trends, and promotional activities to generate accurate demand predictions and actionable insights. The solution automates purchasing and distribution processes, ensuring that the right products are available at the right place and time. Celes empowers retailers to make data-driven decisions, streamline operations, and enhance customer satisfaction.
Target Audience
Celes primarily targets retailers in the food and beverage, convenience, health and beauty, and fashion industries seeking to improve their supply chain efficiency and reduce costs.
Features
- AI-driven demand forecasting with up to 95% accuracy
- Automated purchase order generation with up to 99% time savings
- Optimized distribution planning based on demand priorities
- Promotion planning tools to predict market response and maximize sales
- Real-time reporting and analytics dashboard for supply chain performance monitoring
- "One-click" order and transfer functionality to streamline operations
- Integration with major ERP and EDI systems for seamless data exchange
- Customizable user roles and permissions for enhanced security and control