Crest is an AI-powered inventory planning software that utilizes machine learning algorithms to provide accurate demand forecasting and automated purchase planning, ensuring optimal stock levels across various sales channels. By addressing issues of stockouts and overstocking, Crest enables businesses to fulfill every order on time, ultimately improving cash flow and increasing revenue by up to 15%.
Funding
$790K 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
Many businesses, especially high-growth startups and D2C brands, struggle with inefficient supply chain management, leading to stockouts and overstocking. Traditional forecasting methods often fail to account for real-time market signals, trends, and potential logistics disruptions, resulting in inaccurate demand predictions and suboptimal inventory levels. This can negatively impact cash flow and revenue due to lost sales and increased holding costs.
Solution
Crest is an AI-powered inventory planning software designed to optimize stock levels and improve order fulfillment for businesses across various sales channels. The platform uses machine learning algorithms to provide accurate demand forecasting and automated purchase planning, addressing the challenges of both stockouts and overstocking. Crest integrates with existing online store solutions and cloud ERPs to provide actionable insights, enabling businesses to make data-driven decisions regarding inventory requirements, order timing, and stock distribution. By automating workflows and providing a centralized data pipeline, Crest helps businesses streamline their supply chain operations and improve overall efficiency.
Target Audience
Crest primarily targets D2C brands, high-growth startups, and other businesses that require accurate demand forecasting and inventory planning to optimize their supply chain operations.
Features
- AI-powered demand forecasting that considers trends, real-time market signals, promotional activities, and logistics disruptions
- Automated purchase planning with constant inventory tracking and automated PO generation
- Automated distribution planning for optimal allocation of materials and inventory across warehouses and stores
- Workflow automation for custom Sales & Operations Planning (S&OP)
- Integration with online store solutions and cloud ERPs
- Customizable dashboards for identifying trends, patterns, and insights
- Consensus planning with multi-level approval process for forecast numbers