Boone, NC, December 5, 2024 –ECRS is excited to announce the latest functionality for its automated ordering and forecasting solution, DemandFill 3.0, the groundbreaking third generation forecasting solution within the CATAPULT® Cognition platform. This innovative machine learning artificial intelligence (AI) model now integrates historical and forecasted weather data to analyze and anticipate shopper behavior, providing ECRS retailers with precise recommendations to meet future weather-driven demand.
The VP of Purchasing at a three-store organic grocery chain noted: “DemandFill 3.0 functions like a seasoned employee, possessing all the institutional knowledge without the cognitive biases that typically influence our daily decision-making processes.” This insight highlights the system’s ability to enhance decision-making in inventory management.
Understanding that shopper behavior varies significantly across regions, DemandFill 3.0’s artificial intelligence engine tailors its recommendations to reflect the unique demands of each location and shopper base. For instance, an ECRS retailer in Minnesota experiences different shopping patterns compared to one in Florida. The new weather integration ensures that each retailer purchases exactly what they need, precisely when their shoppers expect it.
Daniel Smith, Analytics and Reporting Business Unit Manager at ECRS, emphasized the system’s capabilities: “With DemandFill 3.0, we are unlocking new insights by correlating weather patterns with demand, empowering businesses to forecast with unprecedented accuracy.” This correlation allows retailers to optimize their inventory management strategies effectively.
DemandFill 3.0 is a strategic solution for ECRS retailers with its ability to effectively optimize inventory management, reduce waste, and enhance customer satisfaction with reduced out-of-stocks.
For more information about DemandFill 3.0 and its transformative impact on inventory management, visit ecrs.com.
About ECRS
ECRS is a US-based, Certified Evergreen™ transaction and retail solutions provider, with a successful track record that stretches over 35 years. ECRS future-proofs local and regional retailers to win in today’s market, while preparing them for tomorrow’s opportunities. ECRS’ revolutionary CATAPULT® POS system is the market’s only truly unified transaction platform, running in thousands of locations across North America. With CATAPULT, the point of sale, self-checkout, deli scales, fuel pump, pharmacy, web-store, inventory, customer loyalty, back office, e-commerce, and enterprise management all share one single transactional logic. Unified Transaction Logic® empowers retailers to prosper by providing actionable business intelligence across their enterprise. Unifying hardware, software, and services, ECRS offers friction-free, cost-saving solutions that increase customer engagement while transforming the consumer experience.
Contact
Brittany Benton
Managing Director of Marketing
800.211.1172
newsroom@ecrs.com