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AI Software For Every Retail Challenge
For 35 years, Churchill Systems Inc. has been providing AI-based machine learning software for every aspect of the retail life cycle. From Merchandise Planning to Supply Chain, to Pricing and Promotions, Churchill has the software to propel your existing systems to the next level.
Click on the Retail Wheel to learn more about Churchill’s unique software solutions.
Purchasing
Legacy systems often determine volume using last year’s sales figures. With Churchill AI, you get recommendations for Total Buy quantities based on upcoming customer demand as opposed to relying on past sales and a trend line.
- Get a more holistic view of customer demand
- Reduce the risk of purchasing too much or too little inventory
- Incorporate Lost Sales for a true picture of consumer demand
Assortment
By analyzing demand history and market trends, our solutions help you create a better product assortment to improve merchandise planning.
- Find the optimal mix of products, styles, sizes, and quantities
- Refine assortments of each store throughout the year
- Reduce the risk of excess stock
Allocation
When you place the right products in the right locations, you not only lower operational expenses but also open the door to more sales opportunities. Demand-Based Allocation strategically positions your most popular and relevant products where they will perform best.
- Capitalize on sales opportunities at the SKU/store level
- Reduce excess inventory, storage costs and out of stocks
- Maintain high customer service levels
Replenishment
A consistent supply of essential products allows you to reliably meet customer expectations and strengthen loyalty. An accurate demand forecast is the foundation of a sound replenishment system. Churchill combines detailed seasonal profiles with dynamic algorithms to create a high-volume forecasting application for everyday items.
- Meet customer demand without interruption
- Ensure that popular items are consistently in stock
- Maintain adequate inventory levels
Pricing
Each segment of a product’s lifecycle has its own unique pricing challenges. From new item introduction to regular pricing, markdown optimization and clearance, Churchill’s Machine Learning software optimizes pricing every step of the way.
- Gain confidence in your pricing decisions
- Maximize sales without sacrificing margins
- Reduce unnecessary Markdown spending
Promotions
Churchill’s AI-based Neural Network technology analyzes over 30 factors that impact promotional demand. The result is the generation of highly accurate SKU-level forecasts, by store, for a given promotion. This allows you to plan and execute efficient promotional strategies in response to changing market conditions.
- Reduces manual efforts to analyze complex promotional scenarios
- Understand consumer response to various marketing tactics
- Enable precise promotion planning for optimal results
Liquidation
From Markdowns to Clearance, each item has its own objectives and goals to reach. Churchill AI optimizes each forecast and price recommendation at the SKU level to meet end-of-season goals at a granular level.
- Recover more revenue from liquidated inventory
- Reduce the risk of unsold stock
- Minimize gross margin losses