Core Concepts

📄️ Historical Data

Forecasting begins with the data. To produce a demand forecast for a stock item,

📄️ Forecasts

Demand forecasting is the process of estimating the future demand for a stock item. The

📄️ Purchase Order Suggestions

The central output from Inventory Optimization is the purchase order suggestion. This

📄️ ABC Classification

Inventory management is a crucial aspect of ensuring the right products are available to

📄️ Demand Type Classification

Our service includes a Demand Type Classifier designed to accurately categorize your inventory's demand patterns. This classification is important for effective inventory management, as it indicates how precise you can expect forecasts to get. Thereby it can be used to inform your stocking and ordering strategies.

📄️ Trend and Seasonality

In addition to demand type classification, our system assesses each product for trend and seasonality: