Get a solution that’s different from SAP Demand Planning and Oracle Demand Forecasting. Try the most sought-after AI-powered retail forecasting solution.
Why traditional forecasting will not work anymore
Traditional forecasting algorithms lean very heavily on history. However, fast changing
product preferences and consumption patterns, requires a framework that is capturing
more factors beyond just history.
Faster Pattern Recognition
ADA’s forecasting algorithms break down demand into key components like seasonality, promotional events, marketing lift, etc. and ensures informed insights.
Leveraging Big Data Power
Our SAP Demand Planning and Oracle Demand Forecasting alternative utilizes predictive analytics that has proven to be effective in improving retail forecasting. They bring together relevant external and internal data sources to generate accurate predictions for effective planning.
Eliminating “What-If” Scenarios
Quick simulation of scenarios to understand impact of variables on demand forecasting that is different from Anaplan Demand Planning.
ForecastSmart
Delivering the future today
Superior mathematical computation engine, trained on +2PB data, combined with a deep retail context to accommodate various factors that affect demand.
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Lost sales and performs business specific outlier removal.
Creates
Context-based variables to handle seasonal assortment, inventory changes and new launches.
Incorporates
Trends, seasonality, events, weather, marketing spends, panel data, competitor stores and store closures.
Identifies
Effect of events, price changes, promotions, coupons etc to adjust forecasts.
Recommends
True customer demand that captures the effect of all the variables.
Achieving +90% accuracy in forecasting during COVID
ADA, our proprietary forecasting model, takes in variables to account for recent trends, stores opening/closures, traffic & mobility data, COVID infections, fatality & vaccination information, along with the client's demand to deliver an agile & accurate location level forecast
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Rapid forecasting of emerging trends post-recovery
Demand planning through readjustment of coefficients to factor in trends as and when businesses open.
Hierarchical Forecasting
This SAP and Anaplan Demand Planning alternative provides highly accurate demand forecasting broken down to SKU-Store level on a regional basis.
Recency
Our models take recency into account which helps to continually analyze and adapt to the latest market conditions and thus making it different from Oracle Demand Forecasting.
ADA, powering all our AI-led Solutions
ADA, our proprietary AI-powered retail forecasting model, takes in variables to account for recent trends and the client's demand. It stores opening/closing information as well as traffic & mobility data from COVID infections and fatality rates due to vaccination effectiveness. ADA has also successfully delivered 90%+ accurate agile location level forecasts that SAP demand planning cannot meet.
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Industries that have benefited from ForecastSmart
Redefine demand planning, allocation, and price estimation in any industry with the most accurate and fastest demand forecasting software.
Drive Demand Forecasting with Accuracy
Good decision-making is impossible without real-world data sets. But how to yield accurate business forecasts with that data? ForecastSmart was built to solve this problem by running on sparse data, picking up trends quickly, and filling in the gaps for better retail forecasting. Our customers tell us that our demand forecasting models drive 10x more accurate and faster results than Excel spreadsheets and traditional BI tools. Boost planning efficiency today!
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Drive bottom-line growth with AI-powered merchandising, supply chain and business intelligence solutions
Our clients realize impactful results and so can you!
99%+
On-shelf
availability
50%+
Reduction in
clearance
20%+
Reduction in
lost sales
75%+
Decrease in
people hours
Say Goodbye to Traditional Retail Demand Forecasting Methods!
Our customers tell us that our demand forecasting models are 10x more accurate than traditional tools like SAP and Anaplan Demand Planning software.
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