Elevate your business's demand forecasting
Our solution for SAP IBP for Supply Chain Management applies machine learning-driven accuracy and incorporates economic and independent variables for comprehensive and data-driven predictions, strengthening supply chain resilience, optimizing market positioning, and capitalizing on economic trends.
Overview
Strengthen supply chain resilience
By providing accurate demand forecasting, businesses can better anticipate and plan for fluctuations in demand, which can help them build more resilient supply chains. This, in turn, can help businesses better manage inventory, reduce costs, and avoid stockouts or excess inventory.
Optimize market positioning
Demand forecasting can help businesses optimize their market positioning by better understanding customer preferences and buying behavior. By using personalized forecasting services tailored to individual business needs, businesses can gain insights into market trends and consumer demand.
Capitalize on economic trends
By incorporating macroeconomic variables into the forecasting process, the product can help businesses capitalize on economic trends and market conditions. This can enable businesses to adjust their strategies and make data-driven decisions that maximize profitability.
Details
Solution type
Extensions and Add-ons
Industry
Retail, Industrial Manufacturing, Wholesale Distribution, Chemicals
Compatibility
Works with
SAP Integrated Business Planning
Features
Achieve accurate forecasts with our MLR algorithm
Leverage a cutting-edge forecast model that incorporates MLR that uses multiple variables to predict a specific outcome. By using MLR, the product can make more accurate demand predictions, helping businesses to better plan their operations and supply chain activities.
Adapt to market dynamics with external variables
Businesses can incorporate external variables such as macroeconomic indicators, weather patterns, and social trends into the forecasting process. These variables help businesses better understand market dynamics, make informed decisions to adapt to changing market, and improve their demand accuracy.
Boost productivity with a customizable planner workspace
Provide users with a customizable planner workspace that allows them to tailor their forecasting processes to their specific needs. The planner workspace can be configured to display only the relevant information and data, enabling businesses to focus on the key factors affecting demand.
Plans and pricing
Standard Package
Configuration of the Statistical Model with ML and IA
All features included with the Setup fee
- Minimum contract 3 years
Configuration of the Statistical Model with ML and IA
All features included with the Setup fee
