QU by Quantiful logo

QU by Quantiful

by Quantiful · Since 2015
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ActiveAvailable globallyCloud
Quick facts
VendorQuantiful
Year launched2015
StatusActive
Location155 Karangahape Road, Auckland, New Zealand, 1010
Countries servedGlobal
Languages9
Integrations1+
Free tierN/A
Free trialN/A
Contact salesYES

About QU by Quantiful

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QU by Quantiful is an AI-powered demand planning and forecasting platform designed to revolutionize how businesses predict consumer demand. Developed by New Zealand-based tech firm Quantiful, QU integrates external data sources such as social media trends, weather, macroeconomic indicators, and market sentiment with internal historical sales data to generate more accurate, real-time forecasts. The primary goal of QU is to enable organizations to anticipate demand fluctuations more effectively and optimize inventory, production, and supply chain strategies accordingly. With features such as scenario modeling, demand sensing, and dynamic forecasting, QU is especially useful in fast-moving industries like retail, consumer electronics, FMCG, and telecommunications. QU by Quantiful is built for speed and scalability. It can handle large volumes of data efficiently without compromising performance, making it suitable for enterprises with high data complexity. Forecasts are generated quickly, and the system offers reliable uptime with minimal lag, even during periods of heavy data processing. The platform’s cloud-based architecture ensures updates are delivered seamlessly, and performance remains consistent regardless of the number of users or the complexity of datasets being analyzed.

Pros & Cons

Pros
  • Leverages advanced AI and Generative AI for significantly more accurate demand predictions.
  • Helps minimize excess inventory and optimize stock, leading to lower holding costs.
  • By ensuring product availability and optimizing assortments, it can drive higher sales.
  • Automates tasks and provides insights, freeing up supply chain professionals for strategic decisions.
  • Built on AWS, it can handle large volumes of data and scale with business growth.
Cons
  • The effectiveness relies heavily on the quality and volume of data ingested, which might be a challenge for some businesses.
  • While not explicitly stated, sophisticated AI software often involves a significant initial investment in technology and integration.
  • Businesses might need to adapt their internal processes and train staff to fully leverage the advanced AI capabilities.
  • While AI provides accurate forecasts, understanding the exact reasoning behind every prediction might not always be transparent to users.

Features

Key features

AI-Powered Demand Forecasting

Utilizes advanced Artificial Intelligence and Generative AI to predict future demand accurately, going beyond traditional methods that rely solely on past sales.

Multi-Time Series Forecasting

Unlike many other solutions, Quantiful takes a "whole of portfolio" approach to forecasting.

SKU Location Level Planning

Enables bottom-up planning from the lowest possible level (individual SKU in each location).

Automated Replenishment

Generates dynamic replenishment actions to ensure maximum product availability with minimum inventory.

Demand and Supply Balancing

Helps organizations effectively balance their demand and supply, incorporating "the voice of the market" into planning processes to optimize inventory and production.

Portfolio Planning

Supports data-driven New Product Development (NPD) strategies by combining historical demand drivers and selecting new product introduction forecasts from predecessor attributes.

Additional features

AI-Powered Supply and Demand Planning

Leverages AI and Generative AI for accurate forecasting of supply and demand.

Replenishment Planning

Optimizes stock levels to ensure maximum availability with minimal inventory.

Demand and Supply Balancing

Aligns demand forecasts with supply capabilities.

Portfolio Planning

Assists in strategic planning for product portfolios, including new product introductions.

Time-Saving Tools

Provides tools that reduce the manual effort involved in planning.

Accurate Prediction over Planning Horizons

Supports short (9-13 weeks), medium (13-26 weeks), and long-term planning.

Integration with Existing ERP Systems

Designed to complement existing Enterprise Resource Planning systems.

Identifies Demand Drivers

Pinpoints the precise factors influencing demand, such as discounts, weather, or dates.

Remediates Forecast Exceptions

Helps in addressing and correcting deviations from forecasts.

Identifies End-of-Life Demand

Assists in managing the lifecycle of products.

Collaborative Planning

Includes features for teams to work together on demand forecasts, promotions, and inventory management.

Reduces Inventory Costs

Optimizes inventory levels to minimize carrying costs and stockouts.

Improves Product Availability

Ensures the right products are in stock when customers need them.

Pricing

Free trial
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Countries & Languages

Global
Countries served
9
Interface languages
10
Billing currencies

Interface languages

EnglishSpanishFrenchGermanPortugueseJapaneseChineseKoreanItalian.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇳CNY🇮🇳INR🇲🇽MXN🇧🇷BRL

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