Fountain9 Kronoscope

Fountain9's flagship product, Kronoscope, uses AI to predict future inventory imbalances which lead to out of stock situations or wastage, and also recommends best ways of minimizing their impact.

Kronoscope is powered by demand sensing and pricing engine which takes into account several factors like historical sales trends, seasonality, holidays, markdown events and pricing changes to predict future inventory requirements and optimize prices. Predicted inventory demand is also aligned with supply side data to identify ideal suppliers and replenishment quantities that minimize chances of stock outs or inventory wastage.

Users can model the impact of price changes and promotional activities on the overall demand for a product at a very granular level with pricing optimization software. The software uses machine learning techniques to calculate price elasticity for each product based on the price elasticity along with past promotional or price change events to accurately predict demand for any upcoming event. With Kronoscope, demand planners can add promotions, offer for specific events, festival offers individually or in bulk, thereby capturing data on impact SKU segment, event type, event treatment, and date range and engage in efficient promotion planning. Pricing and Promotions planning can be instrumental in the liquidation of low-demand products to free up working capital, increase revenue and reduce losses due to overstocking.