Helping food brands and retailers reduce food wastage
About the company
Fountain9 is a company that offers predictive inventory planning and optimization software for e-commerce, DTC and retail companies. One of the offerings, Kronoscope uses AI to accurately 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 state of the art 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.