A Computer Assisted Ordering system uses point-of-sale data as its main driver for forecasting. It relies on complex algorithms to predict demand based on product movement history. The system needs about three months of daily data to get a good trend. The software adjusts for seasonality; it starts seeing weekly and monthly trends as months go in and out of summer and winter on certain products. It adjusts quite well, and quickly. The more it is used and the more data is entered into the system, the more it optimizes the order.
Pinnacle’s Computer Assisted Ordering (CAO) module is an inventory replenishment system which can use either sales or inventory algorithms to prepare a suggested re-order.
Benefits
- Increase your Inventory Control
- Improve your POS Scan Rate
- Decrease your Labour Hours
- Increase your Gross Profit
- Decrease your Inventory Theft
Insights
- Weekly Sales Data Analysis
- Day wise Sales Data Analysis
- Item wise Sales Data Analysis
- Category wise Sales Analysis
- Average Revenue Report
- Average Sales Report