Madden Analytics offers a cloud-based inventory planning solution that utilizes machine learning for demand forecasting and automated purchase order generation. This technology enables retail and wholesale brands to enhance stock turnover and cash flow by providing structured insights into inventory health and purchasing decisions.
Funding
$557.9K 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 retail and wholesale brands struggle with inefficient inventory planning and purchasing processes, leading to poor stock turnover and reduced cash flow. Traditional methods often lack the structure and intelligence needed to make optimal purchasing decisions, especially when managing a large number of SKUs across multiple channels.
Solution
Madden Analytics offers a cloud-based inventory planning solution that leverages machine learning to provide accurate demand forecasting and automated purchase order generation. The platform consolidates data from various sources to help brands create detailed purchase plans, assess inventory health, and optimize stock levels across all channels. By providing insights into stock turnover rate, stock value, and time in stock, Madden enables businesses to make better purchasing decisions, automate replenishment, and set data-driven budgets. The system helps brands improve forecasting accuracy, reduce the risk of overstocking or stockouts, and maximize the utilization of their inventory.
Target Audience
Madden Analytics primarily targets retail and wholesale brands looking to improve their inventory planning and purchasing processes, optimize stock levels, and enhance cash flow.
Features
- Machine-learning-based demand forecasting for accurate sales predictions
- Automated purchase order generation based on demand forecasts and inventory levels
- Stock health overview with key metrics such as stock turnover rate, stock value, and time in stock
- Automated replenishment warnings and re-stock forecasts to prevent stockouts
- Budgeting tools for sales and buy budgets, including open-to-buy and bought margin targets
- Integration with various e-commerce platforms and ERP systems, including Microsoft Business Central, Sitoo, Shopify, and Fortnox
- API for custom integrations
- Size curve support