AI-Driven Demand Forecasting
Data Science Delivers Accurate Forecasts for Thousands of Products
Novobi’s Demand Forecasting Engine insulates you from the time consuming tasks of data preprocessing and statistical analysis, delivering continuous improvement and adaptation to changing customer demand.
Handles different inventory types with variable characteristics (seasonal or irregular demand) with a variety of forecasting methods:
- Linear approximation
- Linear regression
- Triple exponential smoothing
- Machine learning
Automatically generates and selects the best model for each product or category
- Automatically generates aggregated data for different forecast horizons – weekly/ monthly/ quarterly/ annually.
- Imports data from multiple sources.