With market dynamics and customer service expectations increasing, forecasting holds the key to improved sustainability and higher customer service levels. Blue Yonder ingests hundreds of demand-driving variables and uses machine learning to provide a unique demand projection with calculated business impact and risk. This enables higher planner productivity, better inventory management and an improved understanding of demand drivers and customer behavior.
Faced with increased disruption and competition, companies today
are under greater pressure to respond quickly and correctly to
market changes – or risk sales and profit. Today’s forecasting
solutions must be more predictive, more responsive and more
capable of helping you deliver to your customers on time, while
reducing inventory costs and out of stocks.
Blue Yonder forecasting harnesses the power of machine learning
to help drive autonomous, probabilistic forecasts. Now you can gain
the highest degree of automation, processing hundreds of internal
and external demand signals and billions of data points to arrive at
unbiased predictions that lead to more profitable business decisions.
Forecasting is an important part of Blue Yonder’s Luminate™
Planning solution suite, integrating machine learning-based
pervasive intelligence delivered in a SaaS environment on Microsoft
Azure. With the ability to forecast independently or to augment an
existing demand management solution, Blue Yonder forecasting
adds increased accuracy over conventional forecasting methods.