SOLUTIONS
DemandAI+
Speed decision-making and improve accuracy with the power of AI-first forecasting and Generative AI
Join our Webinar: Part Two: Realizing Value with ChatGPT and AI-First Forecasting
A New Paradigm for Supply Chain Planning
Fusing Generative AI with machine learning algorithms, DemandAI+ creates a modern, more inclusive, and intuitive planning paradigm that quickly digitizes supply chain relationships and exposes that data to any stakeholder across the organization.
By simply asking questions via ChatGPT planners, executives, and non-planners alike get answers to unanticipated queries in real-time, providing transparency for faster, more informed decisions that save precious planning time.
AI-First demand planning, demand sensing, and causal forecasting with Generative AI in a single solution
DemandAI+ moves beyond conventional methods to plan demand and inventory at the speed of the market:
- 70% savings of weekly planning time
- 15-30% reduction in forecast error
- Reduce inventory costs by 16-32%
- Impressively quick implementation times
Demand Planning and Optimization
DemandAI+ eliminates “black-box” forecasting, enabling planners to visualize demand drivers like events or promotions and quickly see their impact on forecasted demand. With DemandAI+ you can understand and explain the forecast composition faster than ever before. In addition, DemandAI+ automatically detects anomalies in your historical demand and surfaces them for review, allowing you to tag irregular demand as exceptional events. Leveraging AI, the system learns from this to produce a more accurate forecast with significantly less effort. And more accurate forecasts drive more accurate downstream supply chain plans that boost profitability, satisfy customers, and better synchronize supply chain partners.
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Demand Sensing
DemandAI+ includes demand sensing by translating market-based demand information to detect short-term buying patterns. The ability to leverage new mathematical techniques and near real-time demand signals to improve your supply chain’s capability to respond to unplanned demand changes is a transformational opportunity for your company. Logility’s DemandAI+ provides real-time visibility and insights into shorter-term demand, enabling improved service levels and greater forecast accuracy at scale.
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Pricing and Promotion Analysis
Many businesses today have a basic forecasting discipline in place but have outgrown existing (often manual) processes for managing pricing scenarios. They require a price-adjusted forecast to align inventory decisions with marketing campaigns. DemandAI+ augments your core demand and inventory planning solutions by accepting a basic demand forecast as input, modeling the impact of changes in price, then generating a ‘promoted’ forecast based on anticipated sales lift.
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Causal Forecasting
With built-in causal forecasting, DemandAI+ improves forecast quality by isolating actual demand signals from market ‘noise’. Causal forecasting leverages machine learning techniques to uncover complex patterns that are often missed, helping supply chain professionals focus on data that matters.
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Proportional Profile Planning
Accurate demand planning and the visibility to make early product sourcing decisions are crucial to driving supply chain efficiencies and boosting profitability. However, for items that serve a variety of markets and come in an array of configurations, many companies struggle with the complex task of disaggregating forecasts from the product level to the SKU or even more granular level. Proportional profile planning creates disaggregation profiles that improve forecast accuracy at the granular attribute level and closes the gap between demand planning, supply, sourcing and production planning.
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