"What is Replenishment Planning" in 30 seconds

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You know that, on average, you sell 25 apples every day from your apple cart. Does that mean you should harvest 25 apples in the morning and bring them to market? Not necessarily.

You know that you sell as many as 45 apples on a good day, and on a bad day, you only sell 10. Is it better to bring 10 apples or 45 apples? Even with this level of information, the answer is still "it depends." If you have a small margin on the apples, and losing even one to spoilage is costly, you may stick closer to 10 and risk losing a few customers. But if each additional sale is a big profit, and your apple cart is climate controlled so that apples can easily be sold the next day, you will probably bring closer to 45 to make sure you never run out.

Now imagine the same questions, but you have multiple carts and multiple storage locations close to the market and close to the farm: Where do you store how many apples?


On that level, Replenishment planning becomes increasingly complex and depends on many variables—this where our AI (Artificial Intelligence) comes in. Our algorithms and data models can take many influences into account and make valid predictions about what will happen in the future.

The next article will show you how to use Remi AI to optimize the price of your products.


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