2020-07-20

Demand forecasting and real-time monitoring in retail businesses

The Challenge

Predicting and managing consumer demand is an incredibly challenging task for retailers in the apparel, footwear and accessories (AFA) space and, like their customers’ requirements, their supply chain  continually changes, while new fashion trends are constantly invented. The right inventory mix, lead times, and fulfillment can make or break an entire business, while significantly impacting the environment. This is even more important in an era when the retail industry is heavily impacted by the current pandemic, as supply chains are disrupted and consumer demand is even more unpredictable. 

FIND.AI offers an industry-specific inventory and supply chain planning solution for AFA retailers that ensures improved predictability of product demand and control of production, thereby reducing production waste and environmental impacts, while maximizing financial gains.

Poya Haghnegahdar, CEO, FIND.AI : “By focusing on the needs of AFA retailers, and teaming up retail know-how with AI expertise, we create tools that offer incredibly accurate forecasts and real-time monitoring of product demand. Our progressive approach, and close collaboration between all partners, provides much needed and, until now, missing business intelligence and calls-to-action that allow operators to make the best decisions at every step – from inventory planning and merchandising to customer experience.”

Investment

$1.1M

Scale AI investment

$4.5M

Total investment

Partners

“By focusing on the needs of AFA retailers, and teaming up retail know-how with AI expertise, we create tools that offer incredibly accurate forecasts and real-time monitoring of product demand.”

— Poya Haghnegahdar, CEO, FIND.AI
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