Churchill Systems

Churchill Systems is an AI-based machine learning software designed to enhance various aspects of the retail industry. According to the vendor, this software caters to retailers, merchandisers, supply chain managers, pricing analysts, and promotions managers across businesses of all sizes. By integrating AI technologies into the retail life cycle, Churchill Systems aims to optimize merchandising activities, improve demand forecasting, streamline inventory management, and maximize revenue through pricing and promotions strategies.

Key Features

Merchandise Planning: According to the vendor, Churchill Systems leverages AI throughout the planning process, refining merchandising activities from initial purchase quantities to store level assortments.

Purchasing: The vendor states that Churchill Systems offers recommendations for accurately setting the Total Buy Quantity or initial purchase quantity. These recommendations are based on several software applications, including Lost Sales to compute Total Demand.

Assortment: Churchill Systems includes the Profile Cluster Builder™ (PCB) for generating high-quality size profiles. According to the vendor, this feature determines store clusters, size ranges, and assortments while building size profiles at every level of item and store hierarchies.

Lifecycle Forecasting: The vendor claims that Churchill Systems provides advanced life cycle demand forecasting through the Short Life Cycle Demand Forecaster™ (SLC). This feature is said to support a wide variety of retail planning applications and generate sophisticated and detailed consumer demand forecasts.

New Items/Special Buys: According to the vendor, Churchill Systems takes the guesswork out of merchandise planning for new items or special buys. The vendor claims that it provides an initial profile of demand for merchandise with little or no history, leveraging proprietary software and techniques developed over three decades.

Supply Chain: The vendor states that Churchill Systems offers deep insights for allocation, replenishment, and more, enabling businesses to distribute products to the right locations based on demand.

Seasonality: According to the vendor, the Profile Cluster Builder™ (PCB) in Churchill Systems generates high-quality seasonal profiles. The vendor states that it determines store clusters, size ranges, and assortments based on seasonality, building seasonal profiles at every level of item and store hierarchies.

Allocation & Sell-Through Forecasting: The vendor claims that Churchill Systems provides advanced sell-through demand forecasting through the Short Life Cycle Demand Forecaster™ (SLC). This feature is said to generate sophisticated and detailed consumer demand forecasts, supporting store allocation, replenishment, promotions planning, and price optimization.

Inventory Replenishment: According to the vendor, Churchill Systems' Replenishment Demand Forecaster™ (RDF) accurately forecasts basic item needs, handling high volume and fractional forecast requirements.

Pricing & Promotions: The vendor states that Churchill Systems provides pricing recommendations for new products, regular demand, promotions, and markdowns. The vendor suggests that it maximizes revenue and gross margins by predicting demand at the item/store level and understanding the impact of combined marketing and pricing actions on future demand.