Improved
short term demand forecast accuracy
thouSense
Demand ForecastingPlatform
Combine historical sales, real-time demand signals and external indicators for accurate short to long term forecasts.
+ Point of sale
+ Weather
+ Promotions
MORE SIGNALS.A fuller picture.Conceptual demand visualization
INSIDE THOUSENSE
DEMAND INTELLIGENCEEvery signal. A clearer forecast.
thouSense combines information such as historical sales, daily demand, and real-time signals from all points in the supply chain with diverse external business indicators such as point of sale data, currency fluctuations, and weather forecasts based on the product category, to churn out accurate short to long term forecasts.
Historical salesReal-time signalsExternal indicators
01 / BENEFITS
Benefits
thouSense can help demand planning teams with:
Increased inventory
accuracy leading to optimal inventory levels
Reduced inventory
requirement and transportation cost
Enhanced
service levels
Demand Forecasting Platform
01 / DEMAND FORECASTING PLATFORM
Demand forecasting platform
Advance machine learning & deep learning techniques to generate short to long term forecasts. Make targeted decisions on different product groups through intelligent segmentation
02 / BEST IN CLASS ACCURACY
Best in class accuracy
State of the art AI/ML algorithms which can tap into any data source (promotions, weather, media spends, competitor activities, cannibalization, socio-economic indicators, online reviews and ratings, etc.) & generate accurate forecasts
Internal driversExternal drivers
03 / SCENARIO PLANNER
Scenario Planner
Play out scenarios and make informed data-driven decisions.
04 / PROBABILISTIC FORECAST
Probabilistic forecast
Improve decision choices using classification options & probability distribution models. Analyse queries like: How much of a service level hit will I take if reduce the forecast to 80?
05 / EXPLAINABLE AI
Explainable AI
Generate local, global & causal explanations for each driver & analyse AI model’s prediction. Easily find out the contribution of each of the Internal/External factors to the forecast & take data-driven decisions
THE SEQUENCE, AS A STORYBOARD
Demand Forecasting Platform
Demand forecasting platform
Advance machine learning & deep learning techniques to generate short to long term forecasts. Make targeted decisions on different product groups through intelligent segmentation
Best in class accuracy
State of the art AI/ML algorithms which can tap into any data source (promotions, weather, media spends, competitor activities, cannibalization, socio-economic indicators, online reviews and ratings, etc.) & generate accurate forecasts
Scenario Planner
Play out scenarios and make informed data-driven decisions.
Probabilistic forecast
Improve decision choices using classification options & probability distribution models. Analyse queries like: How much of a service level hit will I take if reduce the forecast to 80?
Explainable AI
Generate local, global & causal explanations for each driver & analyse AI model’s prediction. Easily find out the contribution of each of the Internal/External factors to the forecast & take data-driven decisions
02 / A BROADER INTELLIGENCE
Demand forecasting platform
Advance machine learning & deep learning techniques to generate short to long term forecasts. Make targeted decisions on different product groups through intelligent segmentation
Best in class accuracy
State of the art AI/ML algorithms which can tap into any data source (promotions, weather, media spends, competitor activities, cannibalization, socio-economic indicators, online reviews and ratings, etc.) & generate accurate forecasts
INTERNAL + EXTERNAL DRIVERS
Historical salesDaily demandPoint of saleWeatherCurrencyPromotionsMedia spendCompetitor activityCannibalizationSocio-economic indicatorsReviews & ratings
03 / MAKE THE FORECAST YOURS
Key features
01 / EXPLAINABLE AI↗
Explainable AI
Generate local, global & causal explanations for each driver & analyse AI model’s prediction. Easily find out the contribution of each of the Internal/External factors to the forecast & take data-driven decisions
Illustrative contributions, not measured results02 / PROBABILISTIC FORECASTS↗
Probabilistic forecast
Improve decision choices using classification options & probability distribution models. Analyse queries like: How much of a service level hit will I take if reduce the forecast to 80?
LOWER DEMANDRANGE OF OUTCOMESHIGHER DEMAND
03 / SCENARIO PLANNER
Scenario Planner
Play out scenarios and make informed data-driven decisions.
Get insights for questions like:
- What will be the impact of a future promotion?
- What will be the impact of an advertising campaign?
- How will my demand be shaped because of a contest?
PROMOTION SCENARIOILLUSTRATIVE
Baseline Scenario
04 / INTELLIGENT ASSISTANT
Intelligent Assistant
Converse with the data through our integrated capabilities in Natural Language Processing and ask for information without writing a question or struggling with a hundred filters
Natural Language Processing ↗Converse with the data ↗Intelligent Assistant