Michal Mensik's profile picture

Michal Mensik

Co-Founder at YDISTRI

Michal Mensik has a diverse work experience history. Michal started their career as a Researcher at Synergie in 2006. Michal then worked in various roles at ecSoftware, including Project Manager, Internet Marketing Consultant, and Internet Marketing Assistant. In 2011, they co-founded and served as the CEO of Slevín s.r.o., an Internet discount finder and aggregator, and Paylo s.r.o., an affiliate system for discounts. In 2018, they became a co-owner of RiverBit, a company focused on demand prediction and optimization for retail. In 2019, they co-founded Ydistri, a cloud service for retailers, and became the Founder & CEO of V-Sharp Ventures, a venture capital fund. In 2020, they became a member of YPO. Most recently, they have been serving as the CEO of DoDo, a data-driven logistics service specializing in last-mile delivery for brands like KFC, Alza, and Footshop. Michal's work experience spans across various industries and demonstrates their expertise in e-commerce, marketing, and entrepreneurship.

From 2004 to 2009, Michal Mensik attended Prague University of Economics and Business, where they obtained a Bachelor's degree in Information Technology.

Location

Prague, Czech Republic

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YDISTRI

Ydistri is an algorithm-computed redistribution tool for the identification of unsold inventory (called „dead stock“) at current locations/stores. Instead of disposing of such goods at discounted prices, our AI tool forwards them to another store within the chain, where the goods have sales potential for the full price. It always consolidatessuch combinations of goods that are cheaper to re-allocate than sell out with discounts. The logistic costs are one of the key parameters we take into consideration. On top of the unsold stock optimization, our tool is also successfully solving the issue of suppliers out-of-stock due to balancing the inventory from stores with inventory surpluses to stores with a lack of inventory. In the current situation of massive supply-chain disruptions, almost half of our redistributions at our existing customers are covering out-of-stock.


Employees

11-50

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