AI-Driven Forecasting Solution
Forecasting is a key input for business decisions, both at the level of strategy and operations. Robust forecasting methods can provide a competitive edge to organizations and make them resilient against uncertain market dynamics. More and more organizations are increasing their adoption of AI techniques for forecasting and planning, which allows them to stay ahead of competition, maintain their market share and stay relevant.
AI-driven forecasting allows businesses to set measurable goals, anticipate future market changes, increase visibility by detecting seasonality, learn from external variables and drivers of demand, and predict hierarchical mix of business.
A Next-Gen Forecasting Solution
Visionet’s AI Forecasting Platform is a complete solution for diverse industries that supports business decisioning as they compete, grow, and strive to meet customer expectations. Our solution delivers high-precision intelligent forecasting which provides automated adjustments with agility. It leverages our pre-configured integrations with external data sources which serve as signals to inform our AI about the future outlook, thereby aiding in developing precise forecasting models.
01
Inventory & Demand Planning
Our solution uses the power of AI/ML to optimize and automate the inventory management process. By using historical data and real-time analysis, it helps businesses predict demand, set optimal stock levels, identify slow-moving items and avoid stockouts -improving inventory turnover, reducing costs, and increasing customer satisfaction.
02
Merchandizing & Category Planning
Visionet’s AI-powered merchandising and category planning capabilities optimize retail management of product offerings, pricing, and displays. This helps in improving sales, increasing efficiency, and enhancing the customer experience by using data analysis, demand forecasting and better assortment of product categories.
03
Sales Planning
Through AI-based sales planning techniques you can predict future sales and help build a sales strategy. It utilizes machine learning and statistical models to analyze data such as past sales, customer demographics, and market trends.
04
Ad Spend Optimization
Ad spend optimization with AI uses data and technology to make smart decisions about allocating advertising budget for better results and ROI. Machine learning models analyze large amounts of historical data to predict the future performance of different ad channels and campaigns.
05
Discount Planning & Pricing Optimization
Our intelligent discount planning and pricing optimization capabilities optimize the pricing and discounts for products and services to increase sales and revenue - helping make real-time pricing and discount decisions to increase sales and revenue.
06
Manufacturing, Production & Raw Material Planning
Our solution optimizes the manufacturing, production, and material planning process to improve efficiency, reduce costs, and increase output. It uses AI to schedule production, predict equipment failure, forecast demand, optimize inventory and plan logistics.
Key Features
Utilizes Cloud-powered scalability and native services
Handles millions of transactions and years of historical data
Automates forecasting with business acumen input
Helps in memory calculation for exceptional user experience
Delivers end-to-end automated process and integrations
Enables swift pattern recognition
Gets rid of “what-if” scenarios
CUSTOMER SUCCESS STORIES
A multinational beauty company was facing difficulties in devising scientific method for forecasting and strategic planning. Visionet developed a accurate predictive forecasting pipeline accommodative of managing all data sources and external factors, lashed with capability to handle future challenges. The resulting forecasting pipelines enabled data-driven decision-making capabilities impacting product innovation, opening new markets, and supply chain planning.
Download Case StudyCUSTOMER SUCCESS STORIES
A leading home goods store chain was facing reduced ROI of excess inventory as a result of inaccurate forecasting. This was leading to inefficiencies in their supply chain and decreased profitability. After they chose Visionet’s next-gen AI Forecasting Solution, the dollars, previously buried in the excess inventory, are now utilized in avenues of optimal return.
Download Case StudyResources
Explore our resources to gain industry-specific insights.
