Retail
How does AI-powered forecasting create value in retail?
Our self-service AI Forecasting Platform enables planners to implement best practices with ease.
Offering templates to insert your historical data as well as a pre-set selection of additional external data sources.
Also adding further relevant data like weather or category-specific economic indicators is covered by a simple workflow.
How does AI-powered Forecasting work?
AI-powered forecasting uses machine learning algorithms to analyze vast amounts of data, including sales data, consumer behavior, and market trends.
The algorithms can identify patterns and relationships in the data that would be difficult or impossible for a human to detect.
Based on this analysis, the algorithms generate forecasts that consider past sales, current trends, and other factors that may affect future demand.
Import the Data of your Stores and Channels, including price, promotions, stock-situation and date
The automatic training shows you which algorithm performed best, so you can make an informed decision which one to take.
Create a new Forecast and sync it with your systems with a few clicks
Plan with confidence and adapt to market changes quickly by adding more information and letting the algorithms learn over time.
Learn from the Best
Learn more about the best-practices in food retail from SPAR Austria’s story.
Want to find out how
AI-powered forecasting can help you?
Industry Solutions
AI-powered Forecasting is a Game-Changer for many industries.
With our flexible, self-service AI Forecasting Platform we empower planners across industries to tackle large-scale, complex forecasting challenges with ease.
Learn more about our industry-specific Use Cases and Solutions.
