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Software used to analyze trends and predict demand for products and services. - Analyze past product demands, economic trends, and risk scenarios - Extract key metrics and actionable insights to optimize supply chain and inventory management - Reduce data errors, biases, and profit loss with improved forecasting
152 results
Usee – Accuracy Guaranteed Forecasting Service. The solution is built according to data-driven analysis, combining multiple data sources inside and outside the enterprise to provide demand forecasting with better accuracy; thereby helping businesses minimize unexpected incidents that lead to loss of revenue or an unnecessary increase in operating costs.
Prevailing demand planning methods are supply-focused (what’s in the market already). They are conventional consumer research-based models or at best, analyses of textual attributes. Apollo predicts consumer demand trends using award-winning AI and ML Demand Science™ predictive analytics. Predict relative consumer demand potential at the prototype stage itself to choose relevant styles for future yet-to-be-launched ranges. Get accurate True Demand™ insights on the 'next big' market trends, with an easy-to-use dashboard that can be customized. Optimize pricing, promotions, and inventory. Maximize sales velocity, revenue, and profit. No style is a poor performer if bought in the right quantity at the right time. Predict absolute price demand at various levels of distribution channels geographically. Avoid over-buy (inventory leftovers) and under-buy (lost sales opportunities).
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The traditional demand forecasting and replenishment frameworks have proven to be inadequate in addressing the current demand and supply-side disruptions and uncertainties. As a result, most retailers today face elevated levels of out of stock, inventory costs and wastage as compared to the past. Algonomy’s Order Right helps retailers transform from static and “one-size-fits-all” to AI-powered and hyper-local replenishment planning. It generates accurate order plans for even the most challenging categories. It does so by leveraging its “built-for-retail” AI that accurately predicts real demand across store, channel and categories while also optimizing for constraints such as shelf-life, lead-time, expiration date, minimum order quantity, minimum display stock, and standard ordering frequency constraints.
ToolsGroup JustEnough is an integrated, end-to-end merchandise planning and execution solution that enables better execution at every level of the supply chain by helping retailers create more accurate forecasts, more agile merchandise financial plans, and more precise assortment and inventory stock plans. Powered by automation, AI, and a real-time view of global inventory, retailers can respond faster to changing buying patterns and ensure every customer gets the products they need, when they need them, regardless of the channel they use to shop.
With Algo Demand Planning, planners don’t have to rely on guesswork, and they spend less time manually managing spreadsheets. Our solution maximizes visibility at multiple levels and timescales, which improves your planning processes across Merchandising, Operations, and Supply Planning. Algo’s proprietary machine learning models generate forecasts of unparalleled accuracy and fidelity. Performance is monitored automatically, and alternative methods are tested to ensure maximum accuracy. Our supply chain professionals work with you to identify the right internal and external data to use for sensing your organization’s short- and long-term demand.
ToolsGroup Service Optimizer 99+ (SO99+) provides the AI-powered dynamic supply chain planning capabilities that allow customers to navigate uncertainty and make better decisions faster. By leveraging automation and employing powerful statistical, optimizing, and heuristic algorithms – including self-adaptive, frequency-based probabilistic forecasting and multi-echelon inventory optimization – this planning suite optimizes and positions on-hand inventory to best fulfill demand, reducing working capital investments while increasing service levels and profitability.