2023 Gartner "Cool Vendor in Supply Chain" ... Pull Logic (https://pulllogic.ai) is an AI-enabled technology and SaaS company focused on profitably reducing lost sales with retailers, brands, and manufacturers due failure points in the supply chain and selling processes – industry estimates go as high as $2 trillion. Pull Logic is paradigm shift in linking customer preferences with inventory in the supply chain, and we introduce our “Product Availability Readiness” or PAR metric – this new way of thinking reduces complexity and improves product availability across a connected network and reduces lost sales.
Pull Logics approach stands apart from traditional inventory optimization models in one pivotal aspect: we focus on Product Availability Ratio (PAR). This revolutionary metric doesnt just optimize for efficiency, it redefines success by honing in on customer satisfaction and lost sales prevention. Unlike conventional models that primarily prioritize inventory levels and turnover, Pull Logics PAR metric dives deeper. It connects customers to their desired products even when an item is temporarily out of stock. By using advanced algorithms, it recommends acceptable substitutes that align with customer preferences, delighting them and ensuring sales are captured. We believe we provide a competitive advantage and to drive profitability for our customers.
Pull Logic’s solution is based on the research of Dr. Benoit Montreuil who leads the Supply Chain and Logistics Institute at the Georgia Institute of Technology - it works with existing corporate systems, is not complex, and can be implemented in as little as a few weeks. Our narrowly focused AI platform to improve product availability as well as our substitution engine learns over time and has been proven to increase sales, inventory turns, and even salespeople productivity of up to 30% or more due to higher sales conversion rates.
