FAQs

Q1. Why is a liquidation clean-up required?

IRIS aims to improve the Full Price Sell Thru of brands by betting higher on the products that sell at lower discounts and reducing the contribution of the styles that sell well only on discount.

Q2. Will IRIS provide intelligence for categories, attribute groups, etc which does not have any historical data?

No, IRIS won’t be able to provide intelligence for new categories without any historical Sales/Inventory data.

However, for the new attribute groups, IRIS can predict the ideal size set and do the distribution (allocation/replenishment) based on the historical performance of similar products

Q3. How does IRIS calculate the true rate of sale?

By removing the days with stock out/ highly broken inventory for every Store + Style combination, IRIS identifies the actual live days and calculates the true rate of sale that can be compared across Styles.

Q4. Can IRIS predict the actual Revenue/ Sales quantity? 

No. IRIS currently takes the revenue targets at Store level as input from the Brand/ Retailer and breaks it down into an ideal inventory mix across Attribute Groups for each Store.

Q5. Can IRIS predict buy separately for our A+, A, B & C grade stores?

IRIS does not work on the grouping of stores. It predicts the assortment and buys by treating each store separately. Brands can then further group the stores on their own to look at the buy at whichever level they wish to.

Q6. What is the calculation time for 100 million rows (aggregation by 5 indicators)? Is it possible to do it in 0.5 seconds?

Q7. What is the architecture of MS Ent Solution?

The details can be found in this page. Please note that we are working on re-architecture which will kick in from Jan '2023.

Q8. Is it possible for 10 people to simultaneously work on 1 plan? Or what are the limits?

There is no limit on how many users can work on a single plan in the MS Ent system. There are project spaces that each of the users can create with the same data set and work in parallel with different settings.

For ex., the category A team can work on a plan with 10% growth, and the category B team can work on a plan with 20% growth, etc.

Q9. Is there any constraint regarding the size of a file to be uploaded to the system?

The UI supports file to be uploaded upto 100 MBs.

For file requests more than that of size we create ETL pipelines and process it as per need basis eg, initial data setups etc.