Demand forecasting

Balance overstocks and out-of-stocks with DSLab's demand forecasting
Demand forecasting is a barebone of every retailer's business. Order too much, and you accumulate overstock; order too little, and you lose sales and customers. Machine learning, however, gives a fresh perspective on how to strike a balance and predict demand as accurately as possible. Get an automated, highly accurate forecast for every SKU on a store level with DSLab's demand forecasting.

Increase on-shelf availability while reducing write-offs

  • demand forecasting
    Granular forecasts
    We deliver highly accurate daily forecasts: for each item, on a store level, for 16 weeks ahead.
  • machine learning for demand forecasting
    Machine learning
    Machine learning technologies at the core of our solution deliver highly-accurate forecasts allowing you to improve on-shelf availability without excessive stock.
  • parameters of demand forecasting
    Hundreds of parameters
    While classical rule-based systems analyze a maximum of 50 parameters, our predictive models account for over 600 parameters.
  • automation of the demand forecasting process
    Automation
    Our solution allows you to eliminate highly intensive routine tasks, avoid human errors, and fully automate the forecasting process.
  • business metrics
    Business metrics
    Instead of focusing on accuracy only, we use business metrics such as write-offs and out-of-stocks to measure the quality of the forecast.
  • easy integration
    Easy integration
    DSLab forecasting solution is easily integrated with standard data sources such as Hadoop or SQL-based data storage, as well as replenishment systems.

Potential business effect

Get measurable business value
with DSLab's fresh food forecasting
10-15%
decrease in write-offs
5-15%
reduction of out-of-stocks
Contact us to learn more about ML-based demand forecasting and how this can benefit your business

More about forecasting in retail

Here are some resources you may find helpful
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