Makeke offers an AI-powered merchandise planning platform that integrates live sales data with existing systems to enhance inventory management for retail brands. The platform reduces stockouts by 90%, increases sell-through by 40%, and improves profit margins by 5% through precise demand forecasting and automated inventory replenishment.
Funding
Funding not disclosed
Founders
Product
Problem
Retail brands often struggle with inaccurate demand forecasting, leading to stockouts, overstocking, and reduced profit margins. Traditional inventory management systems lack real-time data integration and advanced analytics, hindering effective decision-making. This results in lost sales, increased carrying costs, and inefficient supply chain operations.
Solution
Makeke offers an AI-powered merchandise planning platform that integrates live sales data with existing ERP and POS systems to optimize inventory management for retail brands. The platform leverages machine learning algorithms to provide precise demand forecasting, enabling retailers to determine optimal quantities, timing, and locations for product needs. By automating re-ordering, re-balancing, and allocation processes, Makeke reduces stockouts, increases sell-through rates, and improves profit margins. The platform's visual workflows consolidate data and charts in one location, facilitating efficient decision-making and eliminating the need for multiple spreadsheets. Makeke also supports supply-chain collaboration, allowing retailers to securely share critical information with partners in real time.
Target Audience
Makeke primarily targets retail brands seeking to optimize their inventory management, improve demand forecasting accuracy, and enhance supply chain efficiency.
Features
- Real-time data integration with ERP, POS, and other systems for automated sales and inventory data flow
- AI-powered demand forecasting to determine precise quantities, timing, and locations for product needs
- Automated re-ordering, re-balancing, and allocation processes
- Scenario modeling to evaluate potential outcomes and inform strategic decision-making
- Supply-chain collaboration tools for secure, real-time communication with partners
- Real-time alerts and monitoring to proactively address potential issues
- Task management features to streamline workflows and track progress
- Customizable platform configuration to adapt to specific business needs