Impact Analytics ForecastSmart delivers precise demand forecasts using AI and machine learning, helping retailers optimize supply chains, reduce waste, and capture lost sales. By analyzing consumer data and market trends, it empowers businesses to make proactive, data-driven decisions, align inventory with demand, and maximize profitability—staying ahead of competition and market shifts.
ForecastSmart™ is an AI-native demand planning software that leverages advanced machine learning to generate highly accurate forecasts. It empowers retailers to synchronize supply with real-time demand, minimize overstock, and boost profitability through data-driven, proactive supply chain decisions.
Increase in
Forecast Accuracy
Reduction in
Lost Sales
Reduction in Forecast
Creation & Management Time
This white paper explores how AI-native forecasting transforms retail by improving demand accuracy, reducing lost sales, and optimizing inventory, helping businesses achieve higher margins and operational efficiency.
Leverage our AI-native demand forecasting engine to identify trends, seasonality, weather patterns, localized events, and unique demand drivers in one place. Unlike traditional models that rely solely on historical data, ForecastSmart, our AI-native demand planning software, incorporates shifting consumer preferences and market dynamics, providing a more robust solution that delivers accurate, forward-looking demand forecasts.
Faster Pattern Recognition
Context-Based VariablesForecastSmart dynamically adapts to market changes by creating context-aware variables for seasonal trends, inventory shifts, and new product launches, ensuring accurate demand forecasts.
Capture Lost SalesUsing advanced AI, the demand forecasting software identifies lost sales and new opportunities, improving forecast accuracy for niche and low-sales SKUs with techniques like similarity mapping and Bayesian models.
Identify Market ShiftsAI-native insights detect shifts from price changes, promotions, or events, integrating them into forecasts for accurate, proactive market planning and inventory alignment.
ForecastSmart, our AI-native demand forecasting software, analyzes multiple variables like trends, store info, traffic, and more to generate precise forecasts, optimizing demand and improving accuracy.
Dynamically selects the best-fit model for each product × location, integrating AI-based causal inference with key demand drivers for precise forecasts.
Uses advanced similarity mapping algorithms to predict new product demand, aligning with existing trends and ensuring accurate market forecasting.
AI-native causal inference and outlier detection automatically adjust forecasts, while business logic corrects biases for more accurate predictions.
Easily define inputs and refine AI-native forecasts while tracking accuracy over time—ensuring transparent, adaptive, and reliable demand planning.
Leverage AI to evaluate market conditions, detect shifts from promotions, pricing changes, and external shocks like inflation or weather, and integrate them into forecasts for accurate, data-driven planning.
Develop tailored forecasting models incorporating seasonality, macroeconomic factors, and trends. Real-time data exceptions and adaptive adjustments ensure agility in demand forecasting.
ForecastSmart uses advanced ML trained on massive datasets and enriched with retail-specific drivers to identify lost sales, uncover demand patterns, and provide actionable insights.
Implement forecasts with context-adaptive variables, enabling retailers to tackle seasonal assortments, inventory changes, demand shifts, and new product launches with precision and confidence.
Unlock the power of AI-powered demand planning software to anticipate market shifts, optimize inventory, and maximize profitability. ForecastSmart adapts to real-world complexities, delivering precision-driven insights that keep your business ahead of demand.
Redefine demand planning, allocation, and price estimation in any industry with the most accurate and fastest demand forecasting software.
Retailers can use ForecastSmart, a retail demand forecasting software to integrate customer behavior, promotions, and market trends into precise forecasts. Why? To reduce stockouts, align inventory with demand, and respond faster to ever-changing shopper preferences, all powered by AI.
CPG brands can use ForecastSmart to navigate complex SKU portfolios and seasonal variability. By evaluating millions of AI models, it ensures accurate forecasts—including intra-day predictions—empowering businesses to reduce waste, streamline supply chains, and stay ahead of demand shifts.
Manufacturers can use ForecastSmart to tackle demand volatility and optimize inventory placement. Its ability to incorporate macroeconomic drivers, lead times, and regional trends ensures businesses can align production and inventory to customer needs with unmatched accuracy.
Get comprehensive information on the latest trends in the market, technology, and how your peers are solving their biggest demand planning and forecasting challenges using Impact Analytics predictive analytics.
Benefit from our end-to-end solutions at the outset or add more as you see the difference we make.
