NEO SYSTEM. An AI-powered solution that helps vehicle spare parts companies detect, analyze and reduce lost sales by analyzing market demand.
NEO analyzes the activity of your webshop, call center, and overall market demand why and how many lost sales you have.
NEO helps you find the products your customers are looking for, thanks to an automatic cross-reference discovery system.
NEO optimizes your range/stock based on demand, discovering products (SKUs) with the greatest sales potential.
NEO system API can be integrated to implement or improve your own webshop/e-catalog and analyze performance.
NEO system automatically maintains equivalences in your products, calculating equivalences with all OE/OEM/IAM part number of any brand on the market.
![NEO-Functionality-3 [ENG]](https://www.factorydata.com/wp-content/uploads/2020/02/NEO-Functionality-3-ENG-600x323.png)
Analyze performance and avoid lost sales.
Improve service levels and avoid lost sales.
Optimize assortment and improve equivalences.
Our disruptive NEO system is based on NEO code®, which combines product data with market demand, allowing us to have the most accurate and direct market information to make the best decisions:
In this article, we’ll explain what “Your potential sales” is and, above all, what’s stopping you from achieving them. But first, we need to introduce some previous concepts. Market potential refers to the total sales that could be generated in a specific market if maximum demand were reached. It’s like the “size of the pie”…
GAPs are products that are not available in our product range, but are in demand by the market. The discovery of gaps within product range management is fundamental for the growth and sustainability of a company. This process offers us several benefits: Improved operational efficiency. Improved customer service. Improved competitiveness against other competitors. Increased sales….
Every year, level of demand for different existing vehicle parts varies depending on market needs. For this reason, it is very important monitorize demand to detect as soon as possible, parts that are becoming obsolete, as well as those news with increasing and high demand, which you should incorporate into your range. We have already…
