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Title: Aetheriq: The Future of Inventory Management in Apparel and Footwear Retail

Spain, 15th Nov 2024 – As CEO of Aetheriq, I’m excited to share the significant strides our company is making in revolutionizing inventory management for clothing and footwear retailers. At Aetheriq, we are on a mission to solve a problem that has plagued the retail industry for decades: helping stores purchase the optimal range of goods to minimize overstock while avoiding costly stockouts.A Critical Solution to a $500 Billion ProblemRight now, an estimated $500 billion worth of unsold goods sit idle in warehouses across the retail sector, freezing up capital and forcing stores to resort to heavy discounting. At Aetheriq, we believe that outdated forecasting methods are at the heart of this issue. Our platform is designed to help retailers make smarter purchasing decisions by accurately forecasting future sales, ensuring they order only what they can sell at regular prices.With Aetheriq, our clients have seen tangible results: a 10% increase in full-price sales and an 80% reduction in lost sales due to stockouts. We’re proud to provide a solution that helps stores avoid both overstock and stockouts, ultimately driving better financial outcomes.Innovative Forecasting That Adapts to Retail RealitiesWhat sets Aetheriq apart is our ability to integrate seamlessly with major sales management platforms like Oracle NetSuite, SAP, Salesforce, and Shopify. We don’t just rely on historical sales data; our forecasts are enriched with insights from external factors like weather changes, holidays, and social media trends. This comprehensive approach enables us to deliver more precise predictions — down to specific product types, sizes, and colors.We understand the complexities of retail purchasing, where every store has its own preferences and constraints. That’s why our platform i...

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