Predictive Analytics

Increase demand forecast accuracy to balance inventory levels and improve results.

Fulfilling demand while keeping costs down requires short-term responsiveness combined with medium/long-term planning. An accurate demand forecast promotes efficiencies in the entire supply chain. Supplymind’s algorithms create demand forecasts that produce enormously better results than relying on traditional methods.

We incorporate trends and seasonal patterns, outlier treatment, and event planning along with our proprietary algorithms. Hospitals and health systems save time, confident that the right variables are being considered for maximizing operating margins and improving results.

Key Features:

  • State-of-the-art forecasting methods based on A.I.

  • Single item and group forecasting (clustering).

  • Similar & Substitute item treatment.

  • Simple to no configuration needed.