Dataviva Demand Forecasting was built with retailers for retailers; it comes with an extensive arsenal of methods and approaches, from cutting-edge AI to more traditional statistical methods and heuristics designed specifically for real-world retail problems. It will automatically detect complex retail patterns–such as launch events, special items, item re-ranging, long-running promotions and many, many more—and will select the best forecasting approach for each.
Our demand-pattern recognition engine guarantees reliable forecasts for any product, channel or location, regardless of its demand history: in an industry first, we can accurately forecast demand for brand new products that have never been sold before, and deal with assortment changes automatically. Demand-pattern recognition has exceptional support for short- and very-short lifecycle products, from fast-fashion to electronics, and for very low-rate-of-sale items, from jewelry to pharmaceuticals.
Thanks to our open platform your data science team can easily prototype and add their own solutions and methods. And as an event-driven system, the power of our forecasting engine can be made available as a microservice to any of your existing applications further improving your ROI.
