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Our AI platform enables footwear brand to conduct consensus forecasting with advanced statistical methods, and enhancing accuracy.

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Home » SaaS Success Stories » Our AI platform enables footwear brand to conduct consensus forecasting with advanced statistical methods, and enhancing accuracy.
Our AI platform enables footwear brand to conduct consensus forecasting with advanced statistical methods, and enhancing accuracy.

Problem Statement:

  • Managing numerous SKUs with multiple attributes added complexity to forecasting
  • 1000+ New SKUs get introduced every month.
  • Absence of consensus-based forecasting.
  • Needed a mechanism to integrate the input from the Sales team into the forecasting process.

Value creation:

  • Forecast accuracy up by 15%
  • Inventory reduction opportunity of 10%
  • Granular level forecasting based on sub-attributes of the product
  • Removed all spreadsheet-based processes of planning

Flowcharts:

Company

Leading Footwear Manufacturer

Industry

Footwear

No. of SKUS

10,000 +

No. of Warehouses

19

Focused Area

Demand Planning