AI-Driven Demand Forecasting & Analytics
Anticipate market shifts and optimize inventory with highly accurate, intelligent forecasting.
Overview
We move your business beyond traditional statistics by leveraging machine learning to create granular demand predictions. Our models incorporate a vast range of variables—including promotions, seasonality, weather, and economic indicators—for unparalleled accuracy.
Key Client Challenges
- Inaccurate forecasts leading to stockouts or excess inventory
- Inability to adapt forecasts to market volatility
- Time-consuming, manual forecasting processes
- Difficulty forecasting demand for new products or promotions
How Renoir Helps
- Integrate diverse internal and external data sources for a holistic view
- Develop custom ML models that learn complex demand patterns
- Provide forecasts at any level of granularity (SKU, store, etc.)
- Embed AI forecasts into your S&OP and inventory processes
Hyper-Accurate Sales Forecasting for Consumer Goods
Our Solution
We implemented a RAG-powered assistant that indexes the firm’s entire knowledge repository, including project archives, CRM, and expert databases. Consultants can now ask complex questions in natural language, such as “Find case studies on supply chain optimization for CPG clients in Southeast Asia with a project value over $2M” and receive a synthesized summary with direct links to the source documents.
Potential Impact
- Forecast Precision: Accuracy improvements of 25–35 percentage points.
- Sales Optimization: Promotional stockouts could be reduced by up to 70%.
- Inventory Efficiency: Excess inventory costs may drop by 20–30%.
