Celect is a cloud-based, predictive analytics SaaS platform that helps retailers optimize their overall inventory portfolios in stores and across the supply chain, resulting in double-digit percentage revenue increases. This groundbreaking advance in machine learning and optimization allows retailers to understand how an individual customer shopping in store or online chooses from an assortment of products, revealing true demand.
"Retail is in a transformational phase and we are excited to continue our growth with Celect through advanced analytics and optimization."
"Celect helps retailers understand how products interact with each other because of various effects such as cannibalization, halo substitutability, via its Celect Choice Engine. Using this model engine, retailers can …
"Celect Plan & Buy Optimization discovers opportunities to optimize store assortments at a particular location, ultimately resulting in a significant positive impact on in-store revenues."
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