Forecasting is a hard problem
Your mandate is to ensure your organization can build and deliver the products customers need, when they need them. Your success hinges on your ability to anticipate the future. Spanning inventory, production, procurement, logistics, and marketing, forecasting is the cornerstone of your S&OP.
Let's not pretend otherwise: forecasts produced by today’s systems are not good enough, and that’s costing you time, money, and opportunity.
The need for innovation
Modern planning systems can forecast aggregate quantities – but accuracy disappears when pressed for the operational details that actually matter.
Do you trust your planning system to accurately answer:
What will be the demand from each of our customers next month, per SKU, per distribution center?
How should we deploy a 15% increase in marketing spend, given our planned promotions and expected increases to demand in certain markets?
Our competitor is reducing their prices by 20% – how should our production change over the next three weeks? Over the next couple of quarters?
We are increasing prices due to tariffs, and at the same time seeing supply shortages from labor strikes at key suppliers. How should we position our inventory to trade off between these opposing effects?
Under the hood, forecasting & simulation capabilities of planning software are simply spreadsheets with an AI interface. These systems assume the future is an extrapolation of the past, and fail to model the nuances of your business. Each error is amplified by macro and micro changes to your operations (geopolitics, economic volatility, new product launches, evolving marketing tactics). Compounding errors lead to waste and missed opportunities.
What we do
Omnifold’s platform precisely models the underlying mechanics of your supply chain and commercial operations to deliver an intelligent, self-improving forecasting algorithm specific to the complexities of your business.
The result: exceptionally accurate forecasts & optimizations, which autonomously anticipate and adapt to change.
Results
Our clients are internationally recognized CPGs, manufacturers, and retailers, ranging from high-growth startups to multibillion-dollar brands.
Omnifold has demonstrated forecast accuracy, cost reduction, and revenue growth improvements over 30% compared to state of the art planning software, including AI / ML powered solutions
More coming soon
If this resonates with you, please send us a note. Let’s see if we can help.