Rely on daily forecasts that reflect current market realities based on real-time data, automation, and artificial intelligence (AI). Combining multiple demand signals, e2open Demand Sensing predicts near-term demand with superior forecast accuracy compared to traditional approaches. The application has been used in more than 180 countries for $250 billion in annual sales.
Disruptions, market volatility, and shifting demand make forecasts unreliable
Traditional demand planning techniques were used when distribution channels were few, and history was the best predictor of future demand. Today’s disruptions and volatility make such techniques inadequate for near-term forecasting. Companies must also cope with fast-moving changes in consumer preferences, escalating product introductions and item proliferation, varying marketing programs for influencing consumers, and the way omnichannel distribution limits the usefulness of order history. Accurately predicting customer orders over a time horizon of several weeks is nearly impossible without advanced data science.
Profitable real-time response to real-time demand
Leverage a highly accurate daily forecast for every item at every location. Automation, AI, and machine learning technology analyze real-time supply chain data and determine the influence of new demand signals.
Predict demand with better accuracy
Statistics show that e2open’s demand sensing software improves near-term forecast accuracy by 30 to 40% compared to traditional methods.
By decreasing inventory—particularly safety stock—and projecting supply needs more accurately, you can free up cash and improve your return on capital.
Quickly sense shifting demand
Demand Sensing consumes and processes real-time demand signals to sense demand shifts and respond to changing market conditions.
Receive automatic daily forecasts
Using machine learning, the application quickly processes all data, identifies patterns, and produces a highly accurate near-term daily forecast.
Forecast demand for new products
Automatic clustering enables you to predict new product volumes by forecasting demand based on items with similar behavior.
Eliminate the need for human review
Publishing forecasts to supply planning systems without the need for human review saves time and increases planner productivity.
Increase in near-term forecast accuracy
Increase in forecast value-added
Reduction in extreme error
Other applications in the planning ecosystem
Centralizing and automating our export control processes, and particularly our trade compliance, not only reduces risk for Sandvik, but opens new opportunities to do more business worldwide.
Working with e2open enables us to better fulfill short supplier lead times, reduce inventory levels, and dramatically improve inventory turns—all while lowering the total cost of ownership to our customers.
Once you can see the shipments moving in transit, you can predict any late shipments and adjust. NCR will see a seven-figure benefit from the implementation; it has added definite value for us.
Having visibility to the supply chain gives us and our suppliers the opportunity to plan. We talk about planning its capacity, its resources, its material—and it helps with the cost as well by having all those elements tied together.
With the e2open system, processes that used to take a whole calendar year now happen in a matter of days.
We know what stock we have in the channel, is it healthy, what our average days of stock are, do we ship in more or do we reduce what we are shipping? We are really in control of channel data.
By implementing an integrated international purchasing system, we have ensured that Leggett & Platt is maximizing its efforts to conduct its international procurement activities in a compliant manner.
e2open compliance capabilities are very important for the Geodis Supply Chain Optimization compliance risk management program. The digital information is key to providing timely and accurate visibility, streamlining our compliance check processes, improving their efficiency and reliability. We’re now very well-positioned for the next wave of growth and ready to offer our customers more value than ever before.