Generative AI enables real-time calculations and granular insights, empowering teams to make data-driven decisions and establish benchmark ranges for key metrics such as forecast accuracy and bias.

A 30%+ improvement in forecast accuracy, reducing costly forecasting errors. Significant decreases in inventory costs and stockouts. Faster decision-making and improved agility in volatile markets.

With the improved forecast accuracy, Lamps Plus can confidently place orders months in advance to replenish stocks in late Q1/early Q2 2025, after the Chinese New Year vendor shutdown period.

Accurate demand forecasting is the linchpin of effective inventory, cost management and readiness. Knowing how much inventory to hold is critical: too much stock (whether it’s consumer products ...

In today’s rapidly evolving business landscape, the ability to accurately forecast sales is more critical than ever. Yet, traditional sales forecasting methods are increasingly proving inadequate, as ...