Manage uncertainties with advanced forecasting models and AI algorithms. Analyze your sales data, assess factors affecting demand, and optimize your safety stock levels.
Common challenges encountered in demand forecasting processes and the need for solutions.
The high level of uncertainty in demand forecasting and the difficulty in isolating the factors influencing them. A complex structure that cannot be solved using standard arithmetic operations.
The significant effort and time required to establish and calculate the correct models. The technical expertise of planners directly impacts the productivity of the results.
Predictions based on simple averages and generalizations lead to high deviations. Safety stock shortages require continuous crisis management.
Forecasting models that look good on paper may underperform in real life. A planner without a good forecasting system will spend most of their time dealing with crises and will be unable to focus on their actual work.
Tangible benefits you gain in your demand planning processes with Arkhon.
Planners using Arkhon do not spend time building the models needed for demand forecasting and finding their best version.
Arkhon applies hundreds of thousands of different models based on the input data, identifies the model that best represents the input data, and uses it to make demand forecasts.
Separate optimization for each product
Latest-generation software and hardware
Results ready in seconds
Arkhon uses time series and dynamic regression models in demand forecasting. Past sales data is evaluated independently, and robust forecasting models are developed using level, trend, and seasonality factors.
It allows the company to fully switch to demand planning and operate with a system that affects and guides what it sells and how it sells it.
Arkhon also automatically determines safety stock levels to account for potential deviations in demand forecasts.
Adjusting service levels on a product basis
Group-based forecast option
The most appropriate solution
You will gain significant guidance for the upcoming planning period. With the demand plan output, you will better manage production, supply, and material planning processes.
A fully integrated demand planning system, from data entry to reporting.
Product information, basic supply parameters, and costs are entered into the demand planning module.
Arkhon makes demand forecasts using actual values and factors and displays the results.
Along with the demand plan, Arkhon prepares three types of comprehensive reports.
Model performance and parameters.
Revenue comparison and forecasts.
Product, group, and project-based evaluation.
Take your demand planning to the next level with AI-powered forecasting models. Discover the power of Arkhon with a free demo.