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Revolutionizing Demand Planning with Logility's DemandAI+

The Problem with Traditional Demand Forecasting

Traditional demand forecasting methods often fall short in today's rapidly changing markets. These methods rely on statistical models that require accurate historical data, which can be challenging to obtain in environments characterized by frequent new product launches and global supply chain disruptions. Due to these dynamics, past data may not accurately predict future trends. While adding AI on top of traditional forecasts can help mitigate inaccuracies to some extent, it is not always sufficient. This is where the AI-first capabilities of Logility's DemandAI+ come into play.

How DemandAI+ Transforms Demand Planning

DemandAI+ introduces a groundbreaking approach to demand planning that enables organizations to quickly respond to sudden shifts in demand, leading to enhanced inventory management. The solution utilizes advanced AI techniques from the initial stages of forecasting, employing an ensemble methodology to generate the most precise forecasts, even when historical data is limited or unreliable. By shifting the focus of collaboration towards demand drivers such as promotions, events, seasonality, and trends, DemandAI+ eliminates the subjective and siloed nature of traditional processes.

Benefits of Using DemandAI+

Companies that have implemented DemandAI+ have reported significant improvements in their operations. These include a reduction in forecast error ranging from 15% to 30%, a remarkable 70% decrease in weekly planning time, revenue increases of up to 4%, and EBITDA enhancements of up to 10%. Moreover, customer service levels have seen improvements of up to 3%. By leveraging the power of AI-first demand planning, organizations can achieve cost savings, error reductions, and faster implementation times, establishing a more agile and responsive supply chain.

Success Stories with DemandAI+

A global coffee company exemplifies the impact of DemandAI+ by improving their short-term forecasting accuracy by 32% and reducing working hours dedicated to planning by 70%. These outcomes highlight the tangible benefits that organizations can achieve when adopting advanced demand planning solutions like DemandAI+. Through the successful application of AI-driven forecasting tools, businesses can optimize their operations, enhance efficiency, and drive growth.

Revolutionizing Supply Chain Planning with Logility's Demand Planning Solutions

Introducing DemandAI+ for Enhanced Forecasting

Logility's Demand Planning solution offers a revolutionary approach to supply chain planning through the integration of Generative AI and machine learning algorithms. DemandAI+ brings a modern, inclusive, and intuitive planning paradigm to the forefront. By leveraging GenAI planners, stakeholders across the organization, including executives and non-planners, can ask questions in real-time and receive immediate answers. This transparency accelerates decision-making processes, saving valuable planning time and ensuring informed choices.

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Empowering your Business with Logility's Integrated Business Planning Solution

Streamline Planning Processes with Integrated Business Planning

Logility's Integrated Business Planning (IBP) solution offers a comprehensive tool to guide your business resources towards meeting revenue, profitability, and customer service goals. By aligning planning processes and mitigating risks, IBP simplifies the complex task of optimizing resource allocation across various functions. Instead of relying on inefficient spreadsheets and outdated data sources, IBP enables businesses to look ahead, identifying opportunities and risks on the horizon efficiently.

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Enhancing Customer Satisfaction with Logility's Automated Order Promising Solution

Automated Order Promising Overview

Logility offers an Automated Order Promising solution that allows businesses to evaluate Available-to-Promise (ATP), Capable-to-Promise (CTP), and Profitable-to-Promise (PTP) capabilities. This solution aims to enhance customer service and model supply chain opportunities by leveraging an active digital twin to quickly determine the ability to fulfill customer orders. With this feature, businesses can impress their customers through fast commitment to accurate promise dates, reasonable delivery dates without surprises, and early order arrival with greater visibility.

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Revolutionizing Supply Chain Operations with Logility's AI-First Solutions

Supply Chain Generative AI Readiness Handbook

Logility offers a comprehensive handbook that outlines 8 essential steps to evaluate and enhance generative AI readiness within your supply chain. By following these steps, businesses can gain valuable insights into how AI can revolutionize their operations and drive efficiency.

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Revolutionizing Supply Chain Execution with Logility's AI-First Solutions

Introduction to Logility's AI-First Solutions

Logility is at the forefront of reimagining supply chain execution through their cutting-edge AI-First solutions. By harnessing the power of artificial intelligence, Logility empowers businesses to make informed and intelligent decisions that drive efficiency and optimize supply chain operations.

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