DemandSense

What it does?

  • Forecast Demand for Products or Categories
  • Combines Enterprise and External Data to predict demand more accurately
  • Uses Social Conversation and Sentiments to derive demand
  • Identifies significant drivers of sale out of hordes of factors
  • Selects the best suited model out of multiple forecasting models for each product

How it Works?

  • Works on Software-as-a-Service(SaaS) Model
  • Minimum and easy data input options ( Sales data from PoS, Product/Location Master)
  • External data like weather, demographic, competitors data can be added easily
  • Integrate your social media data with other data sources
  • Automatic and Background running of forecast for all or partial list of products
  • For big data analytics, product will be powered by PetaBolt Big Data Platform which can handle over 10 Billion records.

What benefits do you get?

  • More accurate demand prediction by Product and Location
  • Save cost by minimising over-stocking
  • Project monthly Sales forecast for Demand Planning
  • Improve revenues by stocking right mix of products
  • Derive input materials planning effectively with the forecast
  • Plan and fulfil your weekly and daily demand of your product easily
  • Leverage your significant drivers for higher effectiveness
  • Forms the base data for an advance analytics and extended supply chain planning
  • Easy-to-use Reports and Visualizations

Who it is for?

This product is suitable for Supply Chain managers, Sales Managers, Marketing Professionals, Media Planners,etc in the following segments

  • Retail Stores/ Chain
  • CPG and Distribution Companies
  • Food and Beverages
  • Spares and Consumables