Veritico logo

Veritico

by Logio · Since 2022
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Quick facts
VendorLogio
Year launched2022
StatusActive
LocationN/A
Countries servedN/A
Languages2
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About Veritico

Veritico is an AI-powered, end-to-end supply chain management platform for retailers and manufacturers. It provides tools for demand forecasting, inventory optimization, promotion planning, price management, and distribution network design.

Veritico is an AI-powered supply chain platform by Logio, designed for retailers and manufacturers. It offers a modular, end-to-end solution for managing complex supply chain operations. The platform's core capabilities include AI-native demand forecasting, inventory optimization, promotion lifecycle management, and dynamic price optimization. Veritico aims to automate routine tasks, allowing teams to focus on strategic decisions. It uses machine learning for precise forecasting, replenishment, and simulating the impact of pricing and promotional strategies on profitability. The platform is a cloud-based SaaS solution. Pricing information is not publicly available and requires direct contact with the vendor. Logio provides support and services for implementation and ongoing use.

Pros & Cons

Pros
  • AI is a core part of the platform, used for forecasting, pricing, and promotions.
  • Offers an end-to-end solution covering multiple aspects of supply chain management.
  • Provides tools for detailed scenario planning and what-if simulations.
  • Automates routine tasks like ordering and replenishment to save manual effort.
  • Used by major European retailers, indicating enterprise-level capabilities.
Cons
  • Pricing is not publicly available and requires a sales consultation.
  • No free trial or free tier is mentioned, making it difficult to evaluate without commitment.

Features

Key features

AI-native Forecasting

Provides demand sensing down to the SKU, day, and location using machine learning and neural networks.

Inventory Optimization

Automates ordering and replenishment to optimize stock levels, control expiry, and manage capacity constraints.

Promotion Management

Manages the full promo lifecycle, from planning and AI-based impact forecasting to post-event evaluation and profitability optimization.

Price Optimization

Helps retailers set and manage prices using elasticity modeling and simulations to maximize profit while maintaining brand positioning.

Distribution Network Design

Enables scenario planning to design efficient distribution networks.

Additional features

Replenishment Management

Generates optimal orders under constraints like MOQs, lead times, and capacities for user approval.

Promo Forecasting

Accounts for effects like cannibalization, halo, and post-promo dips in its forecasts.

What-if Simulations

Allows teams to simulate the impact of different promotion plans on KPIs.

Supplier Collaboration

Provides a central hub for running campaigns with workflows, approvals, and supplier involvement.

Price Management

Controls everyday pricing across different regions and channels with consistent rules and guardrails.

Scenario Planning

Offers smart recommendations for various business scenarios, not just dashboards.

Transparent AI Models

Provides controls and transparency for accountable decision-making.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Countries served
2
Interface languages
Billing currencies

Interface languages

EnglishSpanish

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