What volume does my business need to fulfill in the next planning cycle?
Demand forecasting lets you automate labor-intensive work, and easily detect and treat outliers in historical data. Using sophisticated machine learning the app finds the best statistical model and automatically chooses the correct amount of history to generate the most accurate statistical forecast. The machine learning algorithm then continually fine tunes the forecast model through each forecasting cycle. As a demand planning professional, you remain in control and can change the statistical model with a simple click. It’s the ultimate combination of human and machine intelligence for an optimal forecast.
Did you know 41% of companies are looking into machine learning to improve forecast accuracy?
Automatic model selection based on historic demand
Easy to update
Faster data cleanup and outlier identification
Embedded Machine Learning
Continuously finetune your models with machine learning
The perfect companion for IBP
Our Demand Forecasting application is the perfect solution to provide a robust baseline forecast to use as input to the demand review process in IBP (or S&OP), providing the demand planning team with a solid base on which to develop their demand scenarios.