Demand Forecasting Software: Accurately forecast demand in complex markets

Demand forecasting software and expertise to deliver precise predictions across the entire product lifecycle.

Sharpen Your Forecasts, Drive Better Supply Chain Decisions

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forecast accuracy
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reduction in out-of-stocks
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reduction in inventory

Software For Demand Forecasting

Consistently accurate and granular forecasts

Achieve reliable, data-driven forecasts tailored to variables like seasonality, promotions, and product lifecycles. Advanced algorithms provide precise insights to meet demand at every level of your business. This accuracy reduces uncertainty and improves operational planning.

Significant time savings through automation

Streamline forecasting workflows by automating manual, time-intensive processes. Free up your team to focus on high-value analysis and strategic decision-making. This efficiency boosts productivity and accelerates business outcomes.

Transparent and explainable forecasting insights

Gain a clear understanding of the factors influencing your forecasts, including trends, anomalies, and patterns. Explainable insights allow teams to make data-backed decisions with confidence. This transparency strengthens collaboration and builds stakeholder trust.

Scalable solutions for growing business needs

Expand your forecasting capabilities to support new SKUs, locations, and regions as your business grows. Maintain accuracy and efficiency while adapting to evolving market demands. This scalability ensures seamless growth without disruption.

Key features of Algo’s demand forecasting software

Highly Accurate Demand Forecasts

Algo's proprietary forecasting method uses a statistical and machine-learning-based forecasting algorithms to generate highly accurate forecasts with low bias, which can help to improve inventory management and customer service.

Reports & Dashboards to Visualize Forecast Impacts

Leverage clear dashboards at different levels to support review and reporting and provides forecast visualizations that show how different demand factors impact forecasts.

Probabilistic Planning

Algo's uses a probabilistic planning approach that predicts a range of outcomes and their probability of occurrence, allowing for the most accurate prediction of sell-through at an item-location level.

Flexible Automation

Algo's solution uses AI and manual intervention for automation, pre-calculating and automating various decision points for users to bring efficiency to their workflow, but also allows them to manually tweak and adjust any element of the final output, this allows the user to focus on final decision-making.

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Endorsement from an Industry Leader

“Demand and inventory planning is in need of a transformation and the supply chain industry is ripe for modernization with AI-powered tools and connected platforms. In an environment marked by constant growth and escalating complexity, companies must adapt swiftly to fulfill evolving consumer demand.

Algo is at the forefront of facilitating this transformation, enhancing efficiency, and expediting the process. I anticipate that Algo will have a profoundly positive effect on a broader segment of the global supply chain, amplifying the pace of innovation that Algo customers have grown to rely on.”

Furhan Zafar

VP, Product Operations, Meta Reality Labs

Learn how Target Optimized Demand Planning and Retail Product Allocation Across Multiple Categories with Algo

“Target and Algo have expanded on our partnership continuing to build on the strong relationship within the books category. Continuing to leverage the spirit of collaboration across suppliers, Target and Algo, leveraging the Algo system to improve store by product allocations and to partner with Algo to solve  business problems and innovation. We are very excited to continue this journey both for locally replenishment and overseas orders as well as expanding across categories from traditional areas like home and toys to apparel, footwear and accessories.”

Nicole Szudja, General Manager of Merchandise, Target

Frequently asked questions

Algo seamlessly integrates with various enterprise systems and allows for custom integrations, ensuring smooth data flow and unified visibility across your operations. To get the full list, ask our experts.

Whether you’re a commercial retailer or a global enterprise, our software for demand forecasting can be tailored to your specific industry, size, and unique needs.

Our collaborative approach ensures smooth and efficient implementation. We work closely with your team to understand your goals, customize the solution, and provide comprehensive training and support. To learn more, read our post titled ‘Switching to Algo: Your Complete Guide to Onboarding and Optimization‘.

That’s our specialty! Algo’s AI-powered algorithms excel at analyzing historical data and identifying patterns, including seasonal fluctuations, to provide accurate demand forecasts and optimize inventory accordingly.

Algo takes data security and privacy very seriously. We employ robust security measures and adhere to industry best practices to protect your sensitive information. To learn more, ask our experts what we have in place.

While demand forecasting predicts future demand, demand planning takes it a step further. It involves using those forecasts to create actionable plans for inventory, production, and distribution, aligning your entire supply chain with anticipated customer needs.

Forecast demand right. Stay in sync. Plan at scale. Request an Algo demo today.