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Demand Sensinge2open

Create highly accurate near-term forecasts that reflect current market realities by using real-time data, automation, and machine learning algorithms.

Vendor

Vendor

e2open

Company Website

Company Website

Product details

E2open Demand Sensing is an advanced demand forecasting software that leverages real-time data, automation, and artificial intelligence to enhance forecast accuracy. It helps businesses respond profitably to unpredictable demand by predicting near-term demand with superior accuracy compared to traditional methods. This software is utilized globally, supporting annual sales of $250 billion across more than 180 countries.

Key Features

Predict Demand with Better Accuracy E2open Demand Sensing improves forecast accuracy by 30-40% over traditional methods.

  • Utilizes real-time supply chain data
  • Analyzes multiple demand signals

Reduce Inventory Optimizes inventory levels by accurately projecting supply needs.

  • Decreases safety stock
  • Frees up cash and improves return on capital

Quickly Sense Shifting Demand Processes real-time demand signals to adapt to market changes.

  • Responds swiftly to demand shifts
  • Enhances market responsiveness

Receive Automatic Daily Forecasts Generates daily forecasts using machine learning.

  • Identifies patterns in data
  • Produces highly accurate near-term forecasts

Forecast Demand for New Products Predicts volumes for new products using automatic clustering.

  • Forecasts based on similar items
  • Supports product introduction strategies

Benefits

Increased Forecast Accuracy Significantly enhances the precision of demand forecasts.

  • 30-40% improvement in near-term accuracy
  • Reduces extreme forecast errors by 50%

Improved Inventory Management Enables better inventory control and cost management.

  • Reduces excess inventory
  • Improves inventory turnover rates

Enhanced Planner Productivity Automates forecasting processes, reducing the need for manual intervention.

  • Saves time for planners
  • Increases overall productivity