Implementation of AI/ML for demand forecasting
Machine learning algorithms are used to analyze data and forecast demand, enabling the optimization of production planning and inventory management
How can artificial intelligence help manufacturing?
Machine learning (ML) algorithms can analyse your sales history, seasonality, market trends, marketing activities and other factors to accurately predict future demand for your products. This allows you to plan production volumes more accurately, optimise the purchase of raw materials, and avoid situations where illiquidity accumulates in the warehouse or, conversely, there is a shortage of marketable goods.
Collecting and analyzing historical data
Your data on sales, inventory, seasonality is thoroughly studied
Selection and training of an ML model
The optimal forecasting algorithm is selected
Development of a forecasting system
A tailored forecasting solution is developed and configured to deliver data-driven insights for upcoming periods
Integration with the ERP system
Setting up data transfer for automatic forecasting
Visualization of forecasts
Create a dashboard for easy analysis of the results
Advantages of AI-based forecasting
It is important to note that traditional forecasting methods often rely on averages and do not take into account complex relationships. The application of artificial intelligence to data analysis enables the identification of previously hidden patterns, thereby enhancing the accuracy of forecasts. This allows companies to make more informed decisions, reduce the financial risks associated with inventory management, and respond more quickly to changes in market demand.
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Optimize inventory levels
Avoid shortages and overstocks in the warehouse -
Improved production planning
Production of the right amount of products at the right time -
Reduced financial risks
Reducing the amount of money frozen in inventory -
Improved forecast accuracy
AI models take into account more factors than humans -
Increased customer satisfaction
Constant availability of the right product -
Competitive advantage
Faster and more flexible response to market changes
Our approach
We manage your projects using established agile techniques to ensure collaboration between all parties involved. Our streamlined process results in quicker completion times and the attainment of even the most challenging objectives.
- Web development
- UX/UI Design
- Discovery Phase
- Mobile Development
- AWS and Cloud services consulting
- Test Automation
- Product-to-market launch
Web development
We employ diverse web programming methods for smooth platform operation. Our full web development cycle encompasses different programming languages for optimal technical solution architecture.
We analyze
- Choose your tech stack
- Create solution architecture
UX/UI Design
We create a comprehensive product from start to finish and offer customized web UX/UI design to meet your specifications. We always keep in mind the end-users to enhance their experience.
We analyze
- Fulfilling the client’s request
- Creating UX/UI design
- Improving end-user experience
Discovery Phase
We conduct thorough research on the client's business to identify areas for improvement before beginning any development work. Our planning phase is crucial to ensuring successful outcomes and delivering better results.
We analyze
- We conduct thorough resea
- We strategize
- We aim for an optimized result
Mobile Development
To ensure optimal productivity for your business on web and mobile devices, we offer a comprehensive mobile app development solution. Our services include complete native development for iOS and Android to cater to your client needs.
We analyze
- Create a convenient mobile web version
- iOS and Android platforms
- Full cycle development
AWS and Cloud services consulting
We offer AWS cloud consulting services to ensure the security of your corporate information. Our services will help you connect cloud servers for safe storage and understand the basic needs of cloud storage for your business.
We analyze
- Ensuring the security of your business
- Offering comprehensive consulting on cloud technology
- Providing the appropriate cloud solution
Test Automation
Before launching the project, we rigorously test the product with three types of test automation services: unit tests, E2E tests, and integration tests. This ensures that everything operates smoothly before you launch to the market.
We analyze
- Three test types
- Bug-fixing
- Triple-checking before launch
Product-to-market launch
We are dedicated to making your product a success with innovative ideas and a passion for excellence. Our commitment ensures your success and we meticulously prepare every aspect to launch your product in the market with confidence.
We analyze
- Comprehensive support for launch and beyond
- Market analysis
- Consulting for a successful launch
Case
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Implemented projects