Demand Planner AI Agent
A critical role of the supply chain function to develop and maintain accurate forecasts for products and services. This role involves analyzing historical sales data to identify key components such as sales trends, seasonality, holidays, and promotional events to predict future demand, ensuring optimal inventory levels and minimizing overstock and stockouts.
Boost Your Inventory Efficiency with AI-Powered Demand Forecasting
Reduce Inventory with Advanced Machine Learning Demand Forecasting
Source:: Mckinsey
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WorkflowEffortless Demand Planning
01
step
Upload Your Data
Just provide your historical sales data in a simple CSV file, including past sales by date and SKU. This is often all we need for an accurate forecast.
02
step
Set Your Forecast Horizon
Easily define the time period you want to forecast.
03
step
AI Agents Create the Forecast
Our intelligent agents handle the complex work. They compare and train various models, optimize parameters, analyze trends, and generate precise predictions.
04
step
Download Your Forecast
Get your forecast in a straightforward CSV file, along with an intuitive dashboard and detailed report.
AI Agent Tasks
Demand Forecasting:
- Develop and maintain advanced machine learning and statistical forecast models for various products, product categories, and customer segments at multiple levels of aggregation and time horizons.
- Analyze historical sales data and new product introductions.
- Monitor forecast accuracy, identify significant variances, and implement corrective actions.
Inventory Optimization:
- Provide input to the supply planning team to develop inventory strategies, including safety stock levels, reorder points, and allocation plans.
- Monitor inventory performance against demand forecasts and adjust plans as needed to prevent stockouts and minimize excess inventory.
- Identify and manage potential risks related to demand volatility and supply chain disruptions.
Cross-Functional Collaboration & Consensus Building:
- Facilitate collaborative planning with sales, marketing, finance, and production teams, offering a demand plan that serves as “one version of the truth.”
Reporting and Analysis:
- Prepare relevant dashboards pertaining to the demand planning process, including forecast accuracy and demand variability.
- Develop key performance indicators (KPIs) to measure and track forecasting effectiveness.
featuresBenefits of Our Demand Planner AI Agent
Inventory
- Reduction 20% to 30%
- Source: McKinsey
Revenue
- Increase 2% to 3%
- Source: McKinsey
Lost Sales
Reduction 4% (Source McKinsey)
Inventory Carrying Costs
- Reduction 25% to 35%
- Source: Kanerika
Warehousing Costs
- Reduction 10% to 40%
- Source: Kanerika
Accuracy Levels
- Improved up to 95.96%
- Source McKinsey
Errors
- Reduction 30% to 50%
- Source McKinsey
Productivity (Planning Effort)
- Reduction 40%
- Source: Oliver Wyman
pricingMonth billed
Free
Great for start optimizing
Access to all algorithms
1 stock location
1-month forecast horizon
50 SKUs
2 forecasts per month
Free
Popular
Pro
Great for low complexity
Access to all algorithms
2 stock locations
2-month forecast horizon
1,000 SKUs
4 forceasts per month
$39
/mo
Teams
Great for medium companies
Access to all algorithms
3 stock location
3-month forecast horizon
1,500 SKUs
40 forecasts per month
$119
/mo
Enterprise
Great for large companies
Access to all algorithms
+20 stock locations
12-month forecast horizon
+3,000 SKUs
+100 forecasts per month
Ask
Free
Great for start optimizing
Access to all algorithms
1 stock location
1-month forecast horizon
50 SKUs
2 forecasts per month
Free
Popular
Pro
Great for low complexity
Access to all algorithms
2 stock locations
2-month forecast horizon
1,000 SKUs
4 forceasts per month
$49
/mo
Teams
Great for medium companies
Access to all algorithms
3 stock location
3-month forecast horizon
1,500 SKUs
40 forecasts per month
$149
/mo
Enterprise
Great for large companies
Access to all algorithms
+20 stock locations
12-month forecast horizon
+3,000 SKUs
+100 forecasts per month
Ask