Platform Overview
Key Features and
Capabilities of OptiFIT
OptiFIT (Forecasting and Intelligence Tool) is designed to revolutionize data-driven decision-making with its comprehensive suite of forecasting and optimization capabilities. Key features include advanced predictive analytics, real-time data integration, and intelligent decision support systems.
Industry Challenges
OptiFIT Platform Capabilities
Ensemble Forecasting with 50+ Models: Utilizes over 50 machine learning models, including hierarchical and time series models, in an ensemble approach to deliver highly accurate forecasts.
Automated Best Model Selection
Employs automated best model selection using deep learning and other advanced techniques, guided by a custom metric aligned with specific business goals.
Adaptive to Demand Patterns
Continuously adapts to changing demand patterns and segments - smooth, erratic, intermittent and lumpy.
Support for New SKUs
Capable of forecasting for new SKUs, incorporating time series and deep learning models.
Advanced Visualization Tools
Offers intuitive and interactive visualization tools to manage, cleanse, and analyze data.
Scenario and Simulation Support
Enables scenario analysis and simulation for variables such as price, promotions, and external disruptions.
Real-Time Forecast Updates
Provides real-time updates to forecasts based on new data and events, enhancing responsiveness to market changes and unexpected disruptions.
Scalability and Efficiency
Designed to scale with business growth, the solution optimizes resource utilization for enhanced efficiency.
Consensus Forecasting
Facilitates consensus forecasting allowing different stakeholders to contribute and align on a unified forecast, promoting collaboration and shared insights across the organization.
Solutions
Sales Forecasting
Provides detailed predictions for sales performance to inform inventory and marketing strategies.
Trade Promotions
Delivers insights into the effectiveness of trade promotions and helps optimize promotional strategies.
Inventory & Procurement Planning
Ensures data-driven optimization of inventory levels and procurement strategies, aligning supply with forecasted demand to minimize costs and maximize efficiency.
Environmental Variables-Driven Forecasting
Enhances forecasting accuracy by utilizing environmental variables such as macroeconomic indicators, weather conditions.
Portfolio Optimization
Offers strategies for optimizing product portfolios and market mix to maximize profitability.
Reverse Logistics
Streamlines the management of returned goods by predicting reverse logistics needs, reducing disruptions, and optimizing resource allocation.
Explainable AI
Delivers clear insights into the factors influencing forecasts, enabling businesses to understand key drivers and make informed decisions with confidence.
Trade Terms Management
Manages trade terms and performance metrics to ensure effective negotiation and performance evaluation.
Value Propositions
Design-led Framing & Prioritization
Focuses on prioritizing initiatives based on design thinking and strategic impact.
Scalable Analytics & Platform
Provides scalable solutions to meet the evolving needs of businesses.
Standard Knowledge Playbook
Utilizes industry best practices and frameworks to deliver reliable solutions.
Custom Metrics for Best Forecast
Utilizes tailored metrics aligned with business goals to automatically select the most effective forecasting models.
Market-Archetype Based Solutions
Customizes solutions based on specific market characteristics and needs.
White-box in Cloud Ecosystem
Ensures transparency and flexibility within the cloud environment for better control and adaptability.
Explainability of Complex Models
Offers clear insights into the factors driving forecasts, ensuring transparency and understanding despite the use of advanced, complex models.
Client Engagement
40+
Market Presence
This can support customer from multiple sectors, markets and regions globally.
20+
Industry Impact
Enabling a wide range of sectors with tailored forecasting and optimization solutions.
8k
Business Impact
Demonstrated improvements in top-line growth, margin impact, process efficiency, and operational scalability.
Success Stories
Our process applies techniques from a variety of disciplines, values distinction in detail and gives careful
