Demand Forecasting Analytics by Alteryx
Make your strategic decisions with more accurate and timely demand forecasts
Make your strategic decisions with more accurate and timely demand forecasts
The accuracy and timeliness of demand forecasts in supply chain have wide-reaching implications to costs, sales, customer satisfaction, customer experience outcomes, and brand value. Automated demand forecasting analytics helps companies operate a competitive supply chain with a timely and clear line of sight into customer behaviors, improve on-shelf-availability, avoid out of stock conditions in retail, manufacturing, and supply chain.
workflows automated
Enrich demand plans with unstructured customer sentiment data
Data, analytics, automation, data prep, and AI empower demand planners to identify patterns and anomalies across historical sales, market trends, and external factors. These capabilities drive more precise demand forecasts, reducing the risk of stockouts and excess inventory.
reduction in reporting time
Automate sales data preparation for accurate sales forecasts
Leveraging automation and AI accelerates data preparation and analysis, enabling demand planners to deliver forecasts faster. This speed empowers businesses to respond swiftly to market changes and customer demand shifts.
hours saved
Provide external stakeholders accurate demand insights
Demand planning insights become valuable when shared seamlessly with stakeholders, such as manufacturers collaborating with retailers. Data-driven forecasts help align production schedules, inventory strategies, and replenishment plans for better supply chain efficiency.
Easily incorporate the external data that’s crucial to effective demand forecasting in supply chain. Take advantage of Alteryx partnerships with third-parties like the Snowflake Data Cloud
Surface timely and prescriptive forecasts to meet demand. Automate data and analytic workflows and identify potential internal and external demand signals.
Use AI, LLMs, and code-free predictive analytics tools for better forecasting precision and decision-making efficiency.
Prior to Alteryx, decision making had been made based on gut feeling. This way, we are able to get closer to a more scientific way to do it.
Accountability was a huge win for us here to ensure that everyone was held accountable for the long-term plan, and we were executing upon that plan and making sure that the plants weren’t strained, or constrained, or had any issues.
