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
- +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.
- −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
Countries & Languages
Interface languages
Billing currencies
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About Lokad
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Lokad Details
Lokad's In-App Market Place
Does Lokad have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CHF (Fr.), CNY (¥), SEK (kr), NZD (NZ$), MXN (Mex$), INR (₹), RUB (₽), BRL (R$), HKD (HK$), SGD (S$), NOK (kr), KRW (₩), TRY (₺), ZAR (R), DKK (kr), PLN (zł), THB (฿), IDR (Rp), HUF (Ft), CZK (Kč), ILS (₪), CLP (CLP$), PHP (₱), AED (AED), SAR (SR), MYR (RM), VND (₫), UAH (₴), BOB (Bs.), KWD (KD), EGP (EGP), PEN (S/.)
Pros & Cons
- 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.
- 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.
Lokad's Support Options
Email Address
contact@lokad.comContact
+33 1 75 57 47 63Lokad's Alternatives
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