Phoon Huat has selected Quant for unified space & demand planning
Phoon Huat, one of Singapore's leading food suppliers, selected Quant for unified space & demand planning at its RedMan retail stores.
Quant helps Phoon Huat to improve product availability and reduce stock-outs through high-quality demand forecasting and automated ordering.
Integration with space planning, improves automatic replenishment results by knowing planograms and shelf capacities in each store. Inventory levels required for correct display are automatically taken into account along with planned planogram changes.
In addition, space planning helps to improve the store layout so that the space allocated to display categories matches customer demand. The result is not only higher sales but also a better customer experience.
Quant's Demand Planning & Forecasting module gives you a detailed daily forecast of demand at each store. Artificial intelligence takes into account historical data, looking for trends, seasonality, the impact of promotions and other events. In addition, the possibility of manual corrections allows you to take into account influences that are not data driven. Discover more Quant Solutions!