GoodsForecast: AI-driven solution for demand forecasting and supply chain management

Improve forecast accuracy by 25%, optimize inventory turnover by 9%, and reduce operating costs

The GoodsForecast models based on combination of AI and classical algorithms significantly improve company efficiency thanks to accurate demand forecasting, stock level optimization and production plan optimization.

PLANNING
Demand forecasting

Machine learning models with multiple forecasting methods

DISTRIBUTION
Supply management

Full scale production and shipment plan optimization

REPLENISHMENT
Inventory managemen

Unique methodology of safety stocks calculation and automatic ordering

SCHEDULING
Detailed production planning

Optimal real-time costs and performance plan based on AI algorithms

Advantages

SOPHISTICATED ALGORITHMS

TOP-3 company in M5 Forecasting Competition (estimate the uncertainty distribution of Walmart unit sales) among well-known tech companies’ teams

ACCESS CONTROL

Grant permission to specific team members and always know who's working on what

COST MANAGEMENT

Effectively monitor manufacturing costs and determine the root causes for cost variances

CUSTOMIZABLE SOLUTION

Can be integrated in different supply chain management processes

TRANSPARENT S&OP

Full visibility control of material and products flow across the organization and even global supply chains

Impressive results – you can get up to:

30%Forecasting accuracy improvement
50%Promo forecasting accuracy improvement
5%Margin growth
20%Stock reduction
25%Production costs reduction

Dashboard

  • Detailed information of each recorded event in real-time (day/hour)
  • Revision checkpoints; avoiding the human factor in inaccurate information
  • Holistic inventory risk management with the optimal data-driven recommendations
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