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Demand Forecasting Solutions

Demand Forecasting Software Development

Develop the most precise and accurate forecasting software to increase profits with our skilled artificial intelligence development company

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Behchmarks

Boost Forecast Accuracy to Enhance Outcomes and Advance Decision-Making

up to

90%

forecast precision

up to

81%

stockouts reduction

up to

63%

lost sales reduction

Advantages

6 Reasons to Use Demand Forecasting Software

  • Dynamic Pricing: Adjust cost-based and competitor-based price settings automatically to improve price positioning

  • Automated Replenishment: Optimize stock levels for high on-shelf-availability and inventory turnover

  • Smart Promotions: Products are distributed to the ideal location through intelligent automation, maximizing GMROI and upholding superior customer service

  • AI Assortment Planning: Utilize cutting-edge AI solutions to determine when to expand and shrink the assortment for optimal profitability

  • Advanced Merchandising: Automate merchandise planning process and optimize GMROI by utilizing advanced AI analytics

  • Accurate Allocation: To achieve maximum GMROI, products are distributed to the ideal POS through intelligent automation

Vitaly Kovalev

Vitaly Kovalev

Sales Manager

Talk to us about your custom‑built solution

We don’t sell one‑size‑fits‑all bots. We tailor each agent to your specialty, policies, and patient journey, so adoption is smooth and ROI is real.

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Services & Solutions

Demand Forecasting Solutions

Planning Solutions
Planning Solutions

Planning Solutions

  • Financial Planning: Use AI to build profitable, full life cycle financial plans

  • Merchandise: Automate your merchandise planning and boost GMROI

  • Assortment: Know when to shrink or expand your assortment with AI

  • Store: Optimize assortment in each store and store cluster

  • Open-to-Buy: Automate open-to-buy budgeting and optimize purchasing

Inventory Solutions
Inventory Solutions

Inventory Solutions

  • Purchasing: Automatically generate optimized POs across all channels

  • Allocation: Use AI to allocate the right quantities to the right stores

  • Replenishment: Automatically replenish inventory based on accurate forecasts

  • Transfers: Proactively move inventory from low to high demand locations

  • Safety Stock: Prevent an out-of-stock situation in the warehouse

Pricing Solutions
Pricing Solutions

Pricing Solutions

  • Dynamic prices: Dynamic prices optimization using AI and external signals

  • Promotions: See the real impact of each promotion and optimize it with AI

  • Markdowns: Use AI to optimize markdowns for maximum gross margin

Fulfillment Solutions
Fulfillment Solutions

Fulfillment Solutions

  • Orders: Optimize fulfillment for omnichannel retailing

  • Returns: Automate your return flow and reduce the cost of returns

  • Containerization: Optimize container packing and shipping with AI

Case Study

Successful Demand Forecasting Stories

AI-powered demand forecasting software

There are not enough effective tools on the market that can perform forecasting calculations in a reliable and automatic manner. Our solution enable to offer the optimal assortment of goods, control deliveries, and do other operations based on the obtained expert report. The system increase the accuracy of demand forecasts, and reduce the time spent by analysts on demand forecasting

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25%

Increased Forecasting Accuracy

AI-powered demand forecasting software

Cloud-based demand forecasting software

Partnering with Plavno, Verde Local lower its days sales of inventory from 27 days to 18 days, improved overall demand forecasting accuracy to 90%, and increased on-shelf availability to 75% across the entire store chain. As a result of the new solutions, Verde Local was able to increase revenue and open 15 new stores in 6 months

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90%

Accuracy of demand forecasting

Cloud-based demand forecasting software

AI-powered demand forecasting solution with the analytical reports module

Partnering with Plavno, Pura Esencia received an AI-powered Demend Forcasting solution that increased first-week data forecasting accuracy by 25%, increased first-month data forecasting accuracy by 20%, reduced deviation from stable benchmarks to 1%, and reduced the time demand forecasters spend on generating analytics by 40%

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40%

Reduction of time spent by analytical specialists

AI-powered demand forecasting solution with the analytical reports module

AI-powered demand forecasting solution

Partnering with Plavno, Farma Kasik received an AI-powered Demend Forcasting solution that is able to forecast long-term product demand with 83% accuracy, has helped reduce cold storage cost by five times and, with 64% accuracy, predicts inventory utilization rate for each POS

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83%

Accuracy of long-term demand forecasting

AI-powered demand forecasting solution

Benenefits

Benefits of Demand Forecasting Software

Boost Sales

Boost Sales

To satisfy consumer demand, make sure the appropriate products are available when they are needed

Maximize GMROI

Maximize GMROI

Maintain top-notch customer service while distributing items to the most profitable stores

Minimize Lost Sales

Minimize Lost Sales

Prevent pitfalls and identify the precise areas where you lost sales

Lower Inventories

Lower Inventories

Stock SKUs only where there is a demand to avoid needless overstocking

Automate Workflows

Automate Workflows

Workflow automation allows you to concentrate on global business issues

Minimize Markdowns

Minimize Markdowns

By placing precise orders, you can increase margins and decrease end-of-season markdowns

Eugene Katovich

Eugene Katovich

Sales Manager

Need a custom demand forecasting software? We’re ready to help!

Plavno has a team of skilled developers ready to tackle the project. Ask me!

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Process

How to Forecast Demand?

target
Harddrivers
Search
01

Set Objectives

Establishing the forecast's objectives is the initial step. Clearly state the purpose of your demand forecast

02

Gather Data

Evaluate the available data and any additional information to improve forecast accuracy

03

Analyze Data

ML model use that data to build a demand-based forecast

Binary
Rocket
04

Adjust Variables

Economy, seasonality, competition, availability, price and consumer trends factors affect the forecast

05

Automation and Reporting

Make use of your demand forecast

Data Visualization

Use Smart Data Visualization to Improve Decisions

Our easy-to-use data visualization solutions empower decision-makers to quickly identify trends, patterns, and outliers through interactive and customizable dashboards. Instead of spending hours digging through spreadsheets, you get visual cues showing exactly where demand dropped or which SKU took off. That cuts analysis time drastically and lets you react before small issues turn into big losses.

Turn complex data into clear, actionable insights that improve reporting, support strategic planning, and enable faster, more confident decisions across your business. You just look at a chart and know what to do next - increase an order, shift inventory, or run a flash sale.

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<span>Use Smart Data Visualization</span> to Improve Decisions

Development Process

Steps to Start Software Development Project

step 1
step 2
step 3
01

schedule a meeting

You schedule a meeting with our product development team at a time that works for you.

02

meet Plavno team

You share your product idea and ask any questions you have after we sign an NDA.

03

obtain a strategy

We outline how we can assist you in developing and bringing your product idea to life.

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Blog

Software Development Resources

Testimonials

We are trusted by our customers

“They really understand what we need. They’re very professional.”

The 3D configurator has received positive feedback from customers. Moreover, it has generated 30% more business and increased leads significantly, giving the client confidence for the future. Overall, Plavno has led the project seamlessly. Customers can expect a responsible, well-organized partner.
Read more on Clutch

Sergio Artimenia

Commercial Director, RNDpoint

Sergio Artimenia

“We appreciated the impactful contributions of Plavno.”

Plavno's efforts in addressing challenges and implementing effective solutions have played a crucial role in the success of T-Rize. The outcomes achieved have exceeded expectations, revolutionizing the investment sector and ensuring universal access to financial opportunities
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Thien Duy Tran

Product Manager, T-Rize Group

Thien Duy Tran

“We are very satisfied with their excellent work”

Through the partnership with Plavno, we built a system used by more than 40 million connected channels. Throughout the engagement, the team was communicative and quick in responding to our concerns. Overall, we were highly satisfied with the results of collaboration.
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Michael Bychenok

CEO, MediaCube

Michael Bychenok

“They have a clear understanding of what the end user needs.”

Plavno's codes and designs are user-friendly, and they complete all deliverables within the deadline. They are easy to work with and easily adapt to existing workflows, and the client values their professionalism and expertise. Overall, the team has delivered everything that was promised.
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Helen Lonskaya

Head of Growth, Codabrasoft LLC

Helen Lonskaya

“The app was delivered on time without any serious issues.”

The MVP app developed by Plavno is excellent and has all the functionality required. Plavno has delivered on time and ensured a successful execution via regular updates and fast problem-solving. The client is so satisfied with Plavno's work that they'll work with them on developing the full app.
Read more on Clutch

Mitya Smusin

Founder, 24hour.dev

Mitya Smusin

Frequently Asked Questions

FAQs

Find answers to your common concerns

What is demand forecasting?

Demand forecasting is the process of estimating the future level of demand for goods or services based on the analysis of historical data and various factors affecting demand. Without accurate demand forecasting that takes into account customer needs, preferences and intentions, companies risk either having a surplus of expensive products or missing opportunities for additional sales.

Why it is necessary to forecast demand?

Overstocking entails additional costs, understocking can lead to a loss of customers and a decrease in sales. In both cases, the company risks missing out on possible profits, which in a highly competitive environment can even lead to bankruptcy.

How does demand forecasting work?

Demand forecasting combines both qualitative and quantitative forecasting. Both solutions leverage the ability to obtain analytical information from a variety of data sources across the supply chain. Qualitative data can be monitored from external sources such as news reports, social media, competitors and market research. Data from internal sources, such as customer feedback, historical purchase data and customer data, improve the accuracy of demand forecasting.

What happens if you don't consider all product categories in your forecast?

If the demand forecasting system does not consider all product categories, it can lead to unreliable distorted data and inaccurate forecasts. Demand varies depending on seasonality, existing trends in the market, competitors' marketing activity and other factors.

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Vitaly Kovalev

Vitaly Kovalev

Sales Manager

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