AI-supported demand forecasting: optimise your planning and inventories
NEXT LEVEL FORECAST
INDUSTRY WITH REGULAR DEMAND: Chemical industry, pharmaceutical manufacturers, basic materials industry, food, glass and paper manufacturers
Why accurate demand forecasting is critical
In today’s fast-paced business world, having the right amount of product available at the right time is critical. Inaccurate demand forecasting can lead to overstocking or shortages, which both increases costs and jeopardises customer loyalty. Our AI-powered demand forecasting offers an innovative solution to optimise your inventory planning and make your supply chain more efficient.
Advantages of AI demand forecasting
Higher forecast accuracy: Our solution uses advanced algorithms to analyse historical sales data and make accurate predictions for future demand. This significantly reduces the risk of misjudgements.
Automated adaptation to market changes: The AI dynamically adapts to changes in the market, whether due to seasonal fluctuations, special events or trends, ensuring continuously optimised planning.
Reduced storage costs: By precisely determining actual demand, stock levels can be optimised and unnecessary costs avoided.
Improved supply chain efficiency: Integrating demand forecasting into your supply chain enables more efficient planning and coordination, resulting in better product availability and shorter delivery times.
How does our AI demand forecasting work?
Our AI-powered demand forecasting analyses large amounts of data from various sources, including historical sales figures, market trends and external factors such as holidays or advertising campaigns. The AI uses this data to create detailed forecasts that you can integrate directly into your planning. The system automatically adapts to new data and continuously optimises the forecasts.
Areas of application for AI demand forecasting
Manufacturing industry: Ensure that raw materials and components are always available in the right quantities. Optimise stocks and avoid bottlenecks or overstocking.
Food industry: Reduce spoilage through precise planning and timely ordering.
Why our solution is the best choice
Our AI demand forecasting is specifically designed to fulfil the specific requirements of your industry. With flexible customisation options and an intuitive user interface, you can seamlessly integrate the solution into your existing processes. Benefit from increased forecasting accuracy, optimised inventories and a more efficient supply chain.
Get started now with AI-powered demand forecasting
Want to find out more about how our AI demand forecasting can support your business? Contact us today for a free demo and see for yourself how you can revolutionise your planning processes.
Function overview:
Planning scenario & planning model
- STATE-OF-THE-ART planning algorithms
- Time series-based forecasts
- Differentiated analysis and optimisation selection
- Forecast at customer article level
- Use of customer hierarchy levels
- Consideration of holidays, trade fairs, events, etc.
- Consideration of advertising, discounts, etc.
- Consideration of contract data
- Link editor for predecessors and successors
Demand analysis & forecasting procedure
- Constant demand with seasonal influences
- Trend pattern without seasonal influences
- Trend with seasonal influence
- Cyclical, seasonal demand
- Sporadic/irregular demand
- Cyclical, sporadic with seasonal influences
- Irrelevant demand
Automatic mass analysis
- Automatic determination of the demand class
- Automatic selection of the forecasting method
- Automatic determination of the forecast parameters
- Automatic outlier analysis
- Automatic structural break detection
Forecast alert list
- Alert message display
- Edit alerts and reset status
- Exception-based work through alertsOther features
Further features
- Analysing the forecast quality
- Variable aggregation levels
- Service and maintenance updates
Administration
- User and rights management
- Supplementary master data maintenance in the tool
- Customised work environments
- Customised reports and analyses
- Extensive search and filter functions
Connection & data
- SAP R/3, SAP S/4Hana ready
- Many other ERP systems
- Export in CSV/Excel formats
- Data maintenance and data storage in the tool
- Automated data transfers
Expert mode
- Select your own forecasting method
- Define forecast parameters yourself
- Specify starting point manually
- Define aggregation level
Visualisation of the forecasts
- Actual sales – Actual demand
- Forecast – currently forecast sales
- External forecast figures, e.g. from ERP systems
- Last forecast – Created by the software
- Error measure – Internal key performance indicator