Fountain9

Fountain9 is a predictive inventory planning solution designed for food brands and retailers to reduce food wastage and enhance product availability by forecasting future inventory needs. Addressing the global issue of food wastage, which incurs significant financial and environmental costs, Fountain9 targets the 7-15% of waste attributed to mismanaged inventory. It accurately predicts future inventory imbalances that can lead to stockouts or wastage and recommends strategies to minimize their impact. Utilizing a state-of-the-art demand sensing and pricing engine, it considers factors such as historical sales trends, seasonality, holidays, markdown events, and pricing changes to forecast inventory requirements and optimize prices. The predicted inventory demand is aligned with supply-side data to identify ideal suppliers and replenishment quantities, minimizing the risk of stockouts or inventory wastage.