Forecast Right brings in an AI-infused, robust, and easy-to-use forecasting framework that brings accuracy and agility in your supply chain and merchandise planning.
Capture: Enrich and treat data challenges like sparse and noisy data
Tailor: Customize forecasts to suit category, store, and channel nuances
Adapt: Identify and plan for situations arising on shelf in a few clicks
SKUs gain significant accuracy gains over traditional methods
100X faster and scalable
5-clicks is all it takes to generate 1000s of granular forecasts
Tailor made feature engineering and model selection for demand forecasting in retail
Elevate Your Planning With Robust, Intelligent, Always-accessible Forecasting
Enrich Your Data
- Integrate sales-related data, competitor and external market data, weather data, and macro-economic variables to form a golden record.
- Ingest the data manually or with backend integrations to enable advanced analytics.
Custom Build Models and Generate Forecasts
- Identify significant influential factors and the magnitude of their effects with the help of proprietary AI.
- Proprietary hierarchical forecasting framework enables businesses to capture in-store cannibalization and substitution effects.
- Build and pick the best model out of hundreds of candidate models.
View Results and Compare Scenarios
- View single forecasts, aggregate at product, hierarchy level, and revisit saved forecast.
- Evaluate the sensitivities and the resultant forecast by changing the expected behaviors of one or a combination of influential variables – in other words, create multiple scenarios.
Leading retailers and brands across the globe have optimized their supply chain
and merchandise planning and execution with Algonomy.
Take your forecasting to the next level with Forecast Right.
Fill out the form, and one of our supply chain and merchandise experts will get in touch shortly.