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South African firm partners Onebeat to slash retailers’ 7% stock losses

Deal with global tech firm brings real-time inventory intelligence
Image of Dawid Jance CEO of Incremental Profit
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Incremental Profit, a South African supply chain firm, has partnered with Onebeat, a global leader in AI-driven inventory optimisation. The collaboration announced in a statement on Monday will introduce real-time inventory intelligence to South African retailers and distributors.

The move comes as retailers worldwide face mounting losses from poor inventory management. Globally, inaccurate stock levels cost the retail industry an estimated $177 billion annually, while South African retailers lose up to 7% of profits to the same challenge.

Commenting on the weight of the loss, Yishai Ashlag, CEO of Onebeat noted: “Retail stock inaccuracy is nearly a $200 billion annual problem causing financial losses in South Africa.” “This partnership will provide retailers with the tools to solve this urgent issue,” he added.

By combining Incremental Profit’s supply chain and margin optimisation expertise with Onebeat’s AI platform, the partnership aims to give local retailers precise, real-time stock visibility aligned with customer demand.

“This is a multi-billion rand game-changer for the South-African retail and distribution industry,” said Dawid Janse, Managing Director, Incremental profits.

“Through Incremental Profit, retailers gain access to real-time decision-making that goes far beyond static planning. Together, we’re enabling businesses to sell more with less inventory, increase gross margins, and stay in control across every channel.”

The statement highlighted that the partnership creates a powerful feedback loop as Onebeat brings AI-powered daily demand sensing, dynamic allocation, replenishment, and markdown optimisation.

“Incremental Profit adds contextual retail expertise, supply chain precision, and strategy alignment tailored to African market dynamics,” it added.

Founded in Israel in 2018, Onebeat entered South Africa through a partnership with CargoSolutions, a logistics subsidiary of Cargo Carriers, where Janse previously held a senior role.

Since then, its AI platform has delivered results for global leaders including Panasonic, Kazo, Odara, and Sports Zone. Retailers using Onebeat technology report up to 15% higher sell-through, 60% fewer stockouts, 30% less excess inventory, and margin growth of 3–5% within 120 days.

Incremental Profit, founded in 2024, is led by Janse, who brings more than three decades of experience in supply chain management at multinational firms, including CargoSolutions.

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