What it does?
- Forecast Demand for Products or Categories
- Combines Enterprise and External Data to predict demand more accurately
- Uses Social Conversation and Sentiments to derive demand
- Identifies significant drivers of sale out of hordes of factors
- Selects the best suited model out of multiple forecasting models for each product
How it Works?
- Works on Software-as-a-Service(SaaS) Model
- Minimum and easy data input options ( Sales data from PoS, Product/Location Master)
- External data like weather, demographic, competitors data can be added easily#
- Integrate your social media data with other data sources#
- Automatic and Background running of forecast for all or partial list of products
- For big data analytics, product will be powered by PetaBOLT速,a R+ Big Data Platform which can handle over 10 Billion records.
What benefits do you get?
- More accurate demand prediction by Product and Location
- Save cost by minimising over-stocking
- Project monthly Sales forecast for Demand Planning
- Improve revenues by stocking right mix of products
- Derive input materials planning effectively with the forecast
- Plan and fulfil your weekly and daily demand of your product easily
- Leverage your significant drivers for higher effectiveness
- Forms the base data for an advance analytics and extended supply chain planning
- Easy-to-use Reports and Visualizations
Who it is for?
This product is suitable for Supply Chain managers, Sales Managers, Marketing Professionals, Media Planners,etc in the following segments
- Retail Stores/ Chain
- CPG and Distribution Companies
- Food and Beverages
- Spares and Consumables