Charlotte, NC – August 6, 2024 ECRS proudly announces the launch of Demand Fill 3.0 (DF3), a groundbreaking third generation forecasting solution within the CATAPULT® Cognition™ platform, set to provide pin-point precise industry leading automated ordering for independent retailers.
DF3 exemplifies ECRS’s commitment to AI innovation, offering an advanced forecasting system that leverages predictive analytics to determine product demand with unmatched precision. By synthesizing data from historical sales, seasonal patterns, promotional influences, lead times, safety stock and current inventory status, DF3 generates automated orders that ensure optimal inventory levels. DF3 also has self-corrective learning, which makes it smarter overtime. This next generation predictive tool snaps into place within the CATAPULT auto reorder framework, empowering retailers to leverage forecasted sale quantities to maintain accurate inventory levels across all stores. By developing DF3 as an API-based forecasting feature, ECRS welcomes retailers to compare results from other predictive models that can be digested by CATAPULT® Cognition™.
“DF3 brings automated ordering into the future. Not only is it understanding previous sale history, but it’s better understanding the why behind that previous sales history. It’s seeing the previous pricing, the previous trends, and putting them together to forecast what’s going to happen in the future…and it’s doing it well! Then it continually learns to keep making the predictions better. “The amount of time to process purchase orders has dramatically decreased. We are excited to expand out to more locations and other distributors to continue to reap these time-saving benefits.” — Bill Reiffer, Harvest Health Foods
For more details about DF3 and the CATAPULT® Cognition™ platform, please 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