Watch Tower is a analytics solution oriented to develop a better demand product forecast from minimarkets in Colombia and based on a Vector Error Correction Model algorithm.
The impact expected is being able to optimize costs and losses, would reduce inventory costs, people allocation and hiring. Thus, in this project work we want to predict the demand for small business sales to allow Teaté, a digital community with this kind of digital strategy, and its members, to allocate resources appropriately, plan their strategy for the future and take better decisions about the investments required to accomplish their goals. With this, we expect to indirectly contribute to engine the social and economic growth in Colombia by supporting strategies pointing at the digital transformation of the micro-merchant retail sector.
Digital transformation
consolidated orders
save time
Place orders 7x24
Direct connection with suppliers
direct discounts
Access to microcredits
Portfolio expansion
Higher earnings
Direct connection with shopkeepers
Connecting brands directly
Increase the profit margin Expansion of the market
Market data capture
Market data analysis
Entering the digital economy
Price reduction
Strengthening communities
Vulnerability reduction (loan sharks)
Generation of social fabric
Lower cost of living
Improve supply chain profitability
Community leadership
Change management