AI forecasting in the volatile food markets
QU consumer-driven AI forecasting of fast moving consumer goods
Food industry challenges
Consumer demand patterns are changing faster than ever
Shipping lead times are getting longer
Stock availability and working capital are getting more difficult to budget
Evolving consumer expectations
Consumer demand patterns are changing faster than ever
QU brings the real time voice of the consumer into forecasting, using AI technology to marry sales data with millions of consumer buying signals from hundreds of global, geo and category specific sources.
Longer lead times
Shipping lead times are getting longer
QU’s AI forecasting improves 3 to 18 month forecasting by up to 30% and allows identification and tracking of change in critical consumer and market demand drivers well inside ordering lead times.
Stock availability
Stock availability and working capital are getting more difficult to budget
QU AI forecasting when combined with client inventory data allows tighter control of stock levels in DC’s and retail to avoid stock outs and obsolescence.
QU users
“Our priority of keeping a just in time inventory and an offer adjusted to market demand requires an excellent forecasting and purchasing planning. This is a difficult task in a truly dynamic market with significant market driven factors. Quantiful helped us to build the framework to anticipate market fluctuations and keep the leanest inventory possible without losing demand opportunities. Its AI software accuracy keeps improving constantly.”
– Manuel Alborés Cabo, Indogal Indonesia
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