
Create highly accurate near-term forecasts that reflect current market realities by using real-time data, automation, and machine learning algorithms.
Vendor
e2open
Company Website
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