Making a forecast that makes business sense requires taking into account numerous parameters, internal and external to the company. Extensive expertise is required in order to limit errors.
Cross-referencing all these elements is time-consuming, which prevents employees from focusing on tasks with higher added value.
Making demand forecasts requires significant development and supply chain resources.
Fentech is a Decision Intelligence platform that automates and makes your forecasts more reliable. To help you, it is available in 4 interconnected modules. Each module responds to specific business issues, and thus gives you a complete vision of your business. You are sure to make the right decisions every step of the way.
The use of AI allows, among other things : to automate tasks that are time consuming, to treat and analyze an amount of data impossible to treat for a human being, and to optimize the results to the best possible outcome. To learn more, here is an article on the obsolescence of classic ERPs.
To a small or big scale, it is all about working together to put in place the aspects of the solution that will be most valuable to you according to your needs and constraints. To know if the solution can be adapted to yours, the best thing is to discuss it together ! You can set up a meeting via Calendly at the bottom of this page : contact us.
Bien que la solution s’appuie sur chaque module et travaille en harmonie pour garantir le meilleur résultat, il est possible et parfois pertinent de ne choisir qu’un ou deux modules.
Although the solution works best in harmony between all the modules to guarantee the best results, it is in fact possible et sometimes pertinent to only use one or two modules.
In the majority of cases, sales forecasts are still made by hand on an Excel sheet with all the historical sales data of the company. It is in that context that Artificial Intelligence comes to play, to solidify your forecasts. Thanks to algorithms that analyze internal data but also external data, our application will be able to prevent futur problematics. To learn more, we have an entire article on the subject.
The objective of a good pricing strategy for a business is to adapt it’s prices according to it’s market and own objectives. At the center of this strategy, we notably find research about competitors. This envolves time consuming tasks that can today be automated and optimized by AI.
AI is not meant to replace managers but really to guide them and make time for them, by automating tasks like collecting and analyzing data. It is also about improving decision making, by reducing the “intuitive management” and go towards a “data driven management”. To learn more about how AI improves decision making, you can find our article on the subject.
The best way to believe it, is to see it ! Let’s meet for a demonstration and we can test the solution with your own data (real or fictional), to show you the concrete results you can expect. You can contact us or plan a meeting directly on our contact page.
You can make a SWOT, a market study, define personas, define branding, validate product ideas, define prices, define budgets, organise the marketing strategy… The list is long when it comes to product launches, rightfully so because it is quite a risky bet. Or, you can decide to automate these tasks and make your decisions more reliable with Fentech.
You can also learn more about frequent mistakes made during product launches in this article.
S&OP (or Sales & Operations Planning) is a process of integrated planification that allows you to manage skillfully your demand and offer of products. By having the right products at the right time, you are reducing your shortages or over-stock and improving your sales and your finances. If this topic interests you, we dedicated an article to it.
