The health & wellness business is fast and fierce, where trends change at the speed of light, tastes vary region to region, and competition is high. Yet, supply chain disconnects make it nearly impossible for brands to sense and adapt to demand in real time.
How can your health & wellness company build a more connected, transparent and demand-driven supply chain?
Using our innovative connectivity mesh, Omnichain ERA connects and decentralizes data from all stakeholders across the supply chain, creating a holistic record of all transactions and product movements. Our artificial intelligence (AI) and machine learning (ML) algorithms then run predictive analytics, generating insights for planning and managing processes.
The ERA platform includes a suite of supply chain applications to keep health & beauty brands:
On trend with dynamic demand forecasting and proactive replenishment
On target with products intelligently allocated to the right channels
On top with a trusted image and a competitive edge
Ecommerce sites and social platforms to retail chains, drugstores, salons, and luxury boutiques. But without visibility into what consumers are buying in real time, inefficiencies and imbalances emerge:
Dimensional, rapid, intelligent planning (DRIP) generates accurate short-term and long-term demand forecasts based on real-time sales data.
Channel assortment & merchandising automates proactive inventory replenishment—down to SKU, channel and location.
Supply planning & execution offers automated and proactive recommendations for inventory positioning, strategically positioning goods near regions with high demand.
Warehouse & inventory management automates and optimizes inventory management throughout the entire supply chain.
Today’s savvy shoppers support companies that produce safe, sustainable, and ethically sourced goods. Health & beauty brands that earn consumer loyalty are those that can:
Omnichain ERA tracks and traces individual products throughout every level of the supply chain, so that you can deliver complete transparency into processes and products:
Upstream, our supplier integration & management application gathers accurate, real-time data from supplier systems on all resources and materials to support strategic, ethical and sustainable sourcing efforts, and authenticate product provenance.
Downstream, our IoT & transportation management application integrates data from any Internet of Things (IoT) device to monitor transport and storage conditions and ensure quality, safety and compliance with FDA regulations.
improvement in forecast accuracy
increase in operational efficiency
increase in working capital
improvements in customer satisfaction