Lokad logo

Lokad

by Lokad · Since 2008
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ActiveAvailable globallyCloud
Quick facts
VendorLokad
Year launched2008
StatusActive
Location83 - 85 bd Vincent Auriol, 75013 Paris
Countries servedGlobal
Languages10
Integrations1+
Free tierN/A
Free trialN/A
Contact salesYES

About Lokad

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Lokad is a cutting-edge AI-driven platform designed to transform supply chain management through its unique "Quantitative Supply Chain" approach. Its core mission is to automate repetitive and mundane decisions, allowing businesses to focus on strategic planning while ensuring maximum financial return. Unlike traditional deterministic forecasting, Lokad leverages probabilistic forecasting to model all possible sales trajectories and their likelihoods, providing a far more realistic view of demand and uncertainty. This advanced approach, combined with its focus on economic optimization, ensures that every supply chain decision is evaluated in terms of financial impact, resulting in improved profitability and operational efficiency. Companies such as Air France Industries, Mister Auto, and La Redoute have recognized Lokad for its ability to handle complex supply chain scenarios, from pricing and assortment optimization to managing inventory for high-cost, repairable parts and fresh food products with short shelf lives. The platform emphasizes functionality over flashy visuals, prioritizing the creation of intelligent dashboards that allow users to track all KPIs on a single page without unnecessary drill-downs.

Pros & Cons

Pros
  • Cloud-Native & Microservices-Based: Enables scalability, seamless upgrades, and real-time responsiveness with zero downtime.
  • Unified Platform: Centralizes control across demand, labor, automation, and transportation in a single interface.
  • Built-In Warehouse Execution System (WES): Orchestrates collaboration between human labor and robotics for high productivity.
  • Advanced Inventory Visibility: Provides end-to-end, real-time tracking to minimize stockouts and improve decision-making.
  • Labor Management Tools: Uses gamification and task prioritization to boost worker retention and productivity by up to 20%.
  • AI & Machine Learning Capabilities: Enhances order fulfillment with predictive planning, adaptive task execution, and smart pathing.
  • Recognized Market Leadership: Regularly listed as a leader in Gartner and Forrester reports across WMS, OMS, POS, and TMS.
Cons
  • Complex Enterprise Solution: May be overbuilt for smaller operations or businesses without advanced logistics needs.
  • Custom Configuration Required: Setup may demand IT investment and integration support for optimal use.
  • No Upfront Pricing: Requires demo or contact to explore licensing and implementation costs.

Features

Key features

AI Pilot for Supply Chain

Automates mundane supply chain decisions to free up human intelligence for strategic thinking.

Probabilistic Forecasting

Projects all possible sales trajectories and their likelihoods, contending with irreducible demand uncertainty.

Economic Optimization

Quantifies the business and financial impacts of every supply chain decision for rational optimization.

Quantitative Supply Chain Approach

A novel methodology that leverages the latest statistical approaches and vast computing resources for supply chain optimization.

Differentiable Programming

Continuously refines the numerical recipe for decision-recommendations by learning from new data.

Supply Chain Scientist Copilot

Provides deep expertise in inventory optimization and supply chain management as a complementary consulting service.

Additional features

AI Pilot for Supply Chain

An AI-powered platform designed to automate and enhance supply chain optimization.

Beyond Human Intelligence

Aims to surpass human capabilities in decision-making productivity.

Robotize Mundane Decisions

Automates repetitive and routine tasks within the supply chain.

Probabilistic Forecasting

Forecasts demand by considering all possible future scenarios and their probabilities, rather than just a single value.

Deep Exploration for Decisions

Enables thorough analysis to inform supply chain choices.

Economic Optimization

Optimizes supply chain decisions based on their quantifiable financial impact.

Management More in Control

Provides greater transparency and precision in understanding decision outcomes.

Supply Chain Scientist Copilot

Offers expert guidance and consulting on inventory optimization and supply chain management.

Sales Price Calculation

Optimizes sales prices, even across multiple countries and diverse catalogs.

Purchase Suggestion System

Automates and enhances purchase flows by providing optimized suggestions.

Inventory Optimization

Improves inventory management to reduce waste and optimize stock levels.

Demand Forecasting

Predicts future demand with greater accuracy using machine learning.

Pricing

Provides tools and strategies for optimizing product pricing.

Data Analysis

Analyzes various data points to inform supply chain decisions.

Machine Learning

Continuously refines models and decision-making processes.

Cloud Computing

Leverages cloud resources for vast computing power and scalability.

Supply Chain Expertise

Combines technology with deep industry knowledge.

Financial Impact Quantification

Quantifies the business and financial results of supply chain decisions.

Data Collection and Preliminary Checks

Designs automated data extraction pipelines and performs data health checks.

File Transfers and Types

Supports various file transfer protocols (SFTP, FTPS) and formats (plain text, CSV, TSV, Excel).

Security Considerations

Prioritizes client trust with control over access rights and comprehensive security protocols.

Economic Drivers Handling

Capable of handling various economic factors, including counterintuitive ones like stockout penalties.

Basket Perspective

Considers the financial impact of SKU stockouts within the context of customer purchase baskets.

Automated Replenishment

Automates the process of reordering goods.

Performance Tracking

Monitors and tracks supply chain performance for continuous improvement.

Scenario Analysis

Allows for modeling and evaluating different supply chain scenarios.

Data Pipeline

Meticulously designs automated data extraction for seamless transfer of sales history, stock levels, and constraints.

Differentiable Programming

Continuously refines forecasting techniques with new data using machine learning.

Real-time Insights

Provides immediate information on inventory levels, product sales, and customer demand.

Automated Alerts and Anomaly Detection

Identifies and notifies users of unusual patterns or issues.

Customizable Dashboards

Allows users to create tailored views of key performance indicators (KPIs).

Automated Report Generation

Automatically creates and distributes reports.

Exception-based Alerting

Provides proactive notifications for critical issues.

Multi-echelon Inventory Optimization

Optimizes inventory across all levels of the supply chain.

Automated Purchase Order Generation

Automatically creates purchase orders with supplier constraints.

Lead Time Variability Analysis

Analyzes and manages variations in lead times.

Seasonal Inventory Planning

Tools specifically for managing seasonal inventory.

Role-based Access Controls

Ensures secure information sharing among users.

Real-time Communication Tools

Facilitates quick decision-making through communication features.

Collaborative Forecasting Workflows

Allows for stakeholder input in forecasting processes.

Supplier Portal Integration

Enhances coordination with suppliers.

Document Sharing and Version Control

Manages and tracks documents and their versions.

Smart Automation

Reduces manual forecasting work and data entry errors.

Built-in Validation Rules

Ensures data accuracy.

Cross-functional Alignment

Connects sales, operations, and finance teams through collaborative workflows.

Resource Allocation

Optimizes staffing and equipment usage based on data-driven insights.

Advanced Stock Optimization Algorithms

Decreases inventory carrying costs.

Synchronized Procurement Planning

Orders inventory based on actual demand signals.

Warehouse Cost Reduction

Optimizes space utilization in warehouses.

Envision (Domain-Specific Language)

Lokad's proprietary language for supply chain optimization.

LOKAD TV

A resource featuring videos, interviews, and lectures on quantitative supply chain topics.

SkuZ - Supply Chain Madness Game

A game designed to help users understand supply chain management.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
10
Interface languages
38
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseChineseJapaneseRussianDutch

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇳🇿NZD🇲🇽MXN🇮🇳INR🇷🇺RUB🇧🇷BRL🇭🇰HKD🇸🇬SGD🇳🇴NOK🇰🇷KRW🇹🇷TRY🇿🇦ZAR🇩🇰DKK🇵🇱PLN🇹🇭THB🇮🇩IDR🇭🇺HUF🇨🇿CZK🇮🇱ILS🇨🇱CLP🇵🇭PHP🇦🇪AED🇸🇦SAR🇲🇾MYR🇻🇳VND🇺🇦UAH🇧🇴BOBKWD🇪🇬EGP🇵🇪PEN

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