Comprehensive Sales Forecasting for Supply Chain Optimization MIP: PrognosiX AG

• Research unit: INNOSUISSE
• Project number: 17209.1 PFES-ES

Short description (German)

Comprehensive Sales Forecasting for Supply Chain Optimization

Short description (English)

Comprehensive Sales Forecasting for Supply Chain Optimization MIP: PrognosiX AG

Abstract (German)

We are building a new generation of sales forecasting tools. As opposed to existing demand|planning software, our forecasts are not only based on history, but involve present and future|through external factors (e.g. weather) and internal effects (e.g. promotions). Our algorithms|leverage the experience of the user and enable procurement managers to reliably plan their purchases - especially of (ultra-) fresh products - in view of supply chain optimization. A key innovation element is a comprehensive forecasting methodology that can handle sparse data.

Abstract (English)

We are building a new generation of sales forecasting tools. As opposed to existing demand|planning software, our forecasts are not only based on history, but involve present and future|through external factors (e.g. weather) and internal effects (e.g. promotions). Our algorithms|leverage the experience of the user and enable procurement managers to reliably plan their purchases - especially of (ultra-) fresh products - in view of supply chain optimization. A key innovation element is a comprehensive forecasting methodology that can handle sparse data.