SW application for rebalancing of non-selling inventory and out-of-stock elimination in retail chains
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Prague
State: Hlavni mesto Praha
Zip:
Country: Czech Republic
Ydistri is an algorithm-computed redistribution tool for the identification of unsold inventory (called „dead stock“) at current locations/stores. Instead of disposing of such goods at discounted prices, our AI tool forwards them to another store within the chain, where the goods have sales potential for the full price. It always consolidates such combinations of goods that are cheaper to re-allocate than sell out with discounts. The logistic costs are one of the key parameters we take into consideration. On top of the unsold stock optimization, our tool is also successfully solving the issue of suppliers out-of-stock due to balancing the inventory from stores with inventory surpluses to stores with a lack of inventory. In the current situation of massive supply-chain disruptions, almost half of our redistributions at our existing customers are covering out-of-stock.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2021 | Seed Round | 4 | $3.1M |
Falco Global Partners Marton Szoke Nation 1 V-Sharp Venture Studio Falco Global Partners Marton Szoke Nation 1 V-Sharp Venture Studio |
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