Overview

The Demand Forecast App with Artificial Intelligence is a web application designed to empower micro and small companies with accurate demand forecasting for their products or services. Leveraging advanced classical and machine learning algorithms, it analyzes historical sales data to predict future demand with precision, optimizing business operations and reducing costs.

Features

• Intuitive Interface: Easily upload your Excel data and obtain forecasts using models like ETS, ARIMA, Prophet, Random Forest, and SVM.
• Intelligent Model Selection: The app automatically chooses the best-fitting model for each product.
• Visualizations & Graphs: Clear, interactive graphs display predicted demand over time (up to 12 months).
• Data Handling: Includes historical data viewing, outlier detection and imputation, and handling of missing data.
• Model Comparison: An intelligent algorithm compares up to 5 model families to select the optimal forecast.
• Key Performance Indicators (KPIs): Provides MASE and MAPE for evaluating forecast accuracy.
• Scalability: Supports up to 100 products or SKUs.
• Ongoing Support: Benefits from permanent updates and free email support.

Benefits

• Optimized Resource Allocation: Make informed decisions about production, inventory, and supply chain management.
• Reduced Operating Costs: Minimize waste and improve efficiency through accurate demand prediction.
• Improved Business Performance: Gain a competitive edge by maximizing resource utilization and meeting customer demand effectively.
• Data-Driven Decisions: Rely on precise forecasts rather than guesswork.
• Simplified Forecasting: Access powerful AI-driven forecasting without needing specialized expertise.

Use Cases

Ideal for companies undergoing digital transformation and seeking to optimize their resources. Specifically beneficial for businesses needing to accurately predict demand for up to 100 products within a 12-month timeframe.

The Demand Forecast App empowers small businesses to leverage the power of AI for more efficient and profitable operations.