From fluctuating trends to seasonal spikes, our demand forecasting tools help you plan with precision.
Staying ahead of market demand is crucial for aligning production, inventory, and supply chain strategies. Enmovil’s Demand Forecasting Solution uses AI-driven analytics to predict demand trends with precision. This solution helps businesses anticipate customer needs, reduce waste, and maximize revenue opportunities.
Enmovil’s Demand Forecasting Solution goes beyond traditional forecasting by incorporating external data such as competitor activity, economic indicators, and market trends. This ensures businesses not only react to market changes but also proactively meet customer needs.
Projects future demand using historical and real-time data.
Considers factors like weather patterns, promotions, and macroeconomic trends.
Offers actionable insights through interactive visuals and reports.
Adapts to specific product lines, regions, or customer segments.
Improved Forecast Accuracy: Achieve up to 95% accuracy in demand predictions.
Reduced Wastage: Minimize surplus and spoilage by aligning production with actual demand.
Increased Revenue: Capture market opportunities with timely stock availability.
Enhanced Customer Satisfaction: Ensure products are available when and where customers need them.
An Original Equipment Manufacturer (OEM) with a robust supply chain network wasplanning the launch of a new warehouse. Instead of adhering to the conventionalpractice of implementing standard pricing strategies across four pre-defined routes,the OEM chose a data-driven approach to determine optimal pricing for dispatchoperations.
An automotive parts supplier struggled with demand unpredictability, leading to stockouts during peak periods and excess inventory during slow seasons. By implementing Enmovil’s Demand Forecasting Solution, the company achieved a 30% improvement in forecast accuracy, a 20% reduction in inventory holding costs, and a 15% increase in on-time delivery performance. This allowed the company to efficiently meet market demand while maintaining lean inventory levels.