SMART Demand Forecast logo

SMART Demand Forecast

by SMART business · Since 2009
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Active1+ countriesCloud
Quick facts
VendorSMART business
Year launched2009
StatusActive
Location21 Poliova Street, building B, Kyiv, Kyiv City 03056, UA
Countries served1+
Languages6
Integrations4+
Free tier
Free trial
Contact salesYES

About SMART Demand Forecast

SMART Demand Forecast is a forecasting software from SMART business that accurately predicts regular and promotional sales of goods. It combines flexible reporting in Power BI, artificial intelligence capabilities, and multi-language support so businesses can reduce stock levels while improving product availability. Users can generate detailed insights on demand trends, helping them make informed inventory decisions. The platform is designed to integrate with Microsoft Dynamics 365 Business Central, improving its data management capabilities. Key capabilities: benefits abilities contacts multi-language support Best for: retailers and wholesalers that need precise demand forecasting for inventory management.

SMART Demand Forecast emerges as a sophisticated solution designed to revolutionize demand planning through the strategic application of machine learning and artificial intelligence. At its core, this system aims to elevate forecast accuracy, streamline inventory management, and alleviate the operational load on supply chain teams, thereby enabling a pivot towards more strategic initiatives. The user interface, deeply integrated with Microsoft Power BI, stands out for its intuitive design, offering flexible reporting and customizable table views that allow users to tailor their analytical experience. This robust platform excels in its core functionalities, providing highly accurate forecasting capabilities for both regular and promotional sales, driven by algorithms that consider a multitude of influencing factors, including historical SKU performance. Distinctive features such as the "Work with Analog Products" module facilitate forecasting for new products and stores by leveraging historical data from similar items, while the "Modeling" capability allows for rapid scenario generation and adaptation to changing market dynamics. Furthermore, its intelligent "Processing Anomalies" feature automatically smooths data irregularities, with options for manual adjustments, ensuring the integrity of the forecasting inputs.

Pros & Cons

What users like
  • +High forecast accuracy with ML & AI
  • +Built-in Power BI for analytics
  • +Supports both regular and promotional sales forecasting
  • +Manual override flexibility for forecast refinement
  • +Excellent integration with Microsoft ecosystem
What users flag
  • No transparent public pricing
  • May require strong internal data quality for best results
  • Requires Microsoft ecosystem for full benefits
  • Might be complex for small businesses without technical support
  • Limited language and regional customization (implied)

Features

Key features

AI & ML-Based Forecasting
High accuracy predictions for both regular and promotional sales.
Power BI Integration
Embedded analytics and dashboards for real-time decision-making.
Analog Product Forecasting
Uses historical analogs to predict demand for new products or stores.
Forecast Decomposition
Understands contributions of seasonality, trends, and promotions.
Scenario Modeling
Compare outcomes under different promotional or sales conditions.
Anomaly Detection & Smoothing
AI identifies and adjusts for outliers automatically or manually.
ABC-XYZ Analysis
Prioritize SKUs based on value and demand variability.
Manual Forecast Adjustment
Flexible editing based on domain expertise.
Inventory Optimization
Ensures stock availability while preventing overstocking.
Historical Sales & Data Quality Analysis
Foundation for strategic improvements.

Additional features

AI & ML-Based Forecasting – Delivers accurate demand predictions using artificial intelligence and machine learning algorithms.
Power BI Integration – Enables data visualization and analytics through integrated Power BI dashboards.
Analog Product Forecasting – Forecasts demand for new items or locations using similar historical products.
Forecast Decomposition – Breaks down forecast into components like trends, seasonality, and promotions.
Scenario Modeling – Allows simulation of different promotional or business scenarios.
Anomaly Detection & Smoothing – Detects and adjusts anomalies in historical sales data automatically or manually.
ABC-XYZ Analysis – Classifies products based on sales volume and variability to prioritize inventory management.
Manual Forecast Adjustment – Provides flexibility to override system forecasts based on expert input.
Inventory Optimization – Balances availability with inventory reduction to prevent overstock and stockouts.
Historical Sales & Data Quality Analysis – Identifies sales patterns and data issues for improved forecasting.
Multi-Model Forecasting – Supports various models for different product categories or scenarios.
Timeframe & Aggregation Selection – Enables forecast viewing by day, week, month, or year.
Import/Export of Forecasts – Facilitates easy sharing or integration of forecast data with external systems.
Table View Customization – Allows users to configure and save custom table layouts.
Input Data Quality Analysis – Highlights missing or erroneous input data affecting forecast reliability.
Sales Retrospective Analysis – Reviews past sales to inform and refine forecasting strategies.
Manual Adjustments After Smoothing – Enables expert intervention even after anomaly correction.
Filtering by Product Hierarchies – Supports drill-down and filtering of analogs by product or store levels.
Integration with Microsoft Ecosystem – Seamlessly integrates with Azure, Dynamics 365, and Office 365.
Product/Store Analog Selection – Assigns benchmarks for forecasting in new locations or categories.
Anomaly Aggregation Selection – Groups anomalies by time period for easier trend analysis.
Secure GDPR-Compliant Data Handling – Ensures personal and business data is handled securely.
Support for Regular & Promotional Forecasting – Handles demand fluctuations during sales or campaigns.
Forecast Export by Scenario – Exports individual or multiple scenario-based forecasts.
Training & Support – Offers onboarding, training sessions, and ongoing system support.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
6
Interface languages
19
Billing currencies

Available in

Europe

Interface languages

EnglishPolishUkrainianGermanAzerbaijaniSpanish

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇳🇴NOK🇩🇰DKK🇮🇳INR🇸🇬SGD🇭🇰HKD🇰🇷KRW🇹🇼TWD🇹🇭THB🇲🇾MYR🇮🇩IDR

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