AI Demand Forecasting Module

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AI Demand Forecasting Module

  • Demand Forecasting Customised for Your Business.
  • There is no one size fits all solution for demand forecasting – there are a near infinite number of variables and nearly as many different business challenges forecasting is being used to solve.
  • Proforecast works with clients to understand their unique needs and challenges to build, an Advanced Demand Forecasting module specifically for your business
  • RAPIER is a system developed by ProForecast that uses artificial intelligence and machine learning to automatically create accurate 12 month predictions.
  • Rapier uses 18 months historic data from the core accounting system or other data store to create accurate 12 month forecasts.
  • Its unique algorithms will project forward with over 98% accuracy in the initial 6 months of the forecast, which reduces over the proceeding 6 months to 92% by month 12.
  • However Rapier is not a black box and users can easily overwrite and amend the projected values and by reforecasting every week or month it constantly refreshes the forward periods to maintain the near term accuracy.
  • All data can be viewed securely and filtered on a wide range of metrics, by supplier, by SKU, description, pack size and any other required metrics.

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