Demand Forecasting Software Development
Develop the most precise and accurate forecasting software to increase profits with our skilled artificial intelligence development company
up to
90%forecast precision
up to
81%stockouts reduction
up to
63%lost sales reduction
Adjust cost-based and competitor-based price settings automatically to improve price positioning
Optimize stock levels for high on-shelf-availability and inventory turnover
Products are distributed to the ideal location through intelligent automation, maximizing GMROI and upholding superior customer service
Utilize cutting-edge AI solutions to determine when to expand and shrink the assortment for optimal profitability
Automate merchandise planning process and optimize GMROI by utilizing advanced AI analytics
To achieve maximum GMROI, products are distributed to the ideal POS through intelligent automation
Build demand forecasts at scale! Develop custom demand forecasting software from our ready to use solutions or come up with your own
Use AI to build profitable, full life cycle financial plans
Automate your merchandise planning and boost GMROI
Know when to shrink or expand your assortment with AI
Optimize assortment in each store and store cluster
Automate open-to-buy budgeting and optimize purchasing
Automatically generate optimized POs across all channels
Use AI to allocate the right quantities to the right stores
Automatically replenish inventory based on accurate forecasts
Proactively move inventory from low to high demand locations
Prevent an out-of-stock situation in the warehouse
Dynamic prices optimization using AI and external signals
See the real impact of each promotion and optimize it with AI
Use AI to optimize markdowns for maximum gross margin
Optimize fulfillment for omnichannel retailing
Automate your return flow and reduce the cost of returns
Optimize container packing and shipping with AI
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
Results25%
Increased Forecasting Accuracy
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
Results90%
Accuracy of demand forecasting
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%
Results40%
Reduction of time spent by analytical specialists
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
Results83%
Accuracy of long-term demand forecasting
To satisfy consumer demand, make sure the appropriate products are available when they are needed
Maintain top-notch customer service while distributing items to the most profitable stores
Prevent pitfalls and identify the precise areas where you lost sales
Stock SKUs only where there is a demand to avoid needless overstocking
Workflow automation allows you to concentrate on global business issues
By placing precise orders, you can increase margins and decrease end-of-season markdowns
Renata Sarvary
Business Development Manager
Plavno has a team of skilled developers ready to tackle the project. Ask me!
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Establishing the forecast's objectives is the initial step. Clearly state the purpose of your demand forecast
Evaluate the available data and any additional information to improve forecast accuracy
ML model use that data to build a demand-based forecast
Economy, seasonality, competition, availability, price and consumer trends factors affect the forecast
Make use of your demand forecast
Our easy-to-use data visualization solutions allow decision-makers to quickly identify trends and outliers, enabling timely decision-making
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.
Sergio Artimenia
Commercial Director, RNDpoint
Plavno has developed a web application for a product development company. They’ve built a 3D configurator that allows clients to design a unique final product by choosing colors, materials, and other options.
Read morePlavno'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
Thien Duy Tran
Product Manager
Review from Thien Duy Tran, T-Rize Group
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.
Michael Bychenok
CEO, MediaCube
Plavno was hired by a YouTube network to develop an internal portal for bloggers that handled Google reports for their company. They also built an e-wallet and a system where users' information was collected.
Read morePlavno'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.
Helen Lonskaya
Head of Growth, Codabrasoft LLC
A mobile app development company has hired Plavno to create a secure digital system, combining health testing with advanced mobile technologies. They've also made the app functional for iOS and Android devices.
Read moreThe app has been designed to be user-friendly and intuitive, allowing users to easily search for flights, hotels, and car rentals, Plavno has an impressive and comprehensive understanding of our business model and value proposition, which they were able to quickly absorb.
Yana Romanovskaya
Project Manager
Plavno built a software development firm's travel app for iOS and Android. They designed the UI/UX, integrated payment gateways, and implemented registration, booking, translation, and other features.
Read moreThe 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.
Mitya Smusin
Founder, 24hour.dev
Plavno has developed the MVP of a gig work history data collection app for a React frontend development company. Features include user registration, earnings data collection, data aggregation, and data graphs.
Read moreDemand 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.
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.
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.
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.
You schedule a meeting with our product development team at a time that works for you
You share your product idea and ask any questions you have after we sign an NDA
We outline how we can assist you in developing and bringing your product idea to life
No meetings or calls needed. Just answer a few questions and our consultants will provide an advisory package tailored for your project. It's absolutely free.
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Plavno experts contact you within 24h
Submit a comprehensive project proposal with estimates, timelines, team composition, etc
Plavno has a team of experts that ready to start your project. Ask me!
Vitaly Kovalev
Sales Manager
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