MDM Booster usage scenario
AI-based planning and forecasting: support for strategic decisions
- More precise forecasts: 15% higher forecast accuracy on average
- Efficiency: Experts are relieved of workload, correlations are presented in a comprehensible manner
- Real-time forecasts: the ability to react quickly to changes
- Large amounts of data: Problem-free processing of large amounts of data
- Flexibility: Optimize a variety of tasks, such as turnover and sales planning, service planning or liquidity planning
Precise models and forecasts support the company's development
Planning and forecasting that is as accurate as possible supports you in the development of your company. Inaccurate planning and forecasts can lead to wasted resources, overload or the loss of orders.
Optimize your strategic and operational planning processes with the MDM Booster. Use historical and external data to train your company’s own individual AI models – quickly, easily and efficiently and without any AI expertise.
AI-based planning and forecasting - application examples
The MDM Booster supports you in personnel, shift and duty planning to avoid personnel bottlenecks and relieve your planners. Use the possibilities of artificial intelligence to make your personnel planning more flexible and optimize it, instead of complex planning processes using Excel or relatively imprecise statistical methods.
Use AI-based forecasts to predict and plan your sales for your current and future product or service portfolio. Minimize capital commitment due to excess stock and lost sales due to lack of delivery capability.
Set-up times
Use artificial intelligence to optimize your route planning and incorporate your drivers’ knowledge into the planning process. Use the possibilities of dynamic route planning that draws on historical and current information. Integrate the MDM Booster into classic route planning systems to achieve maximum efficiency with the latest technology.
With the MDM Booster, historical and current data can be used to accurately predict price trends and price sales functions – even for follow-up items, new items and longer periods of time. You can also use the MDM Booster to quickly, easily and efficiently eliminate data quality problems that could hinder an accurate forecast.
Would you like to discuss your concerns or ideas?
MDM Booster - Artificial intelligence for planning, simulations and forecasts
Simulate changes and analyze possible positive or negative effects on the respective process. Use the MDM Booster’s regression analysis to find the optimum parameters for your process. A variety of use cases, such as personnel and sales planning, inventory planning, location planning or set-up times, can be optimized using the MDM Booster, the AI software for every employee.
With the MDM Booster, companies can make data-based decisions and plan resources more flexibly. This enables them to react more quickly to changes in the market – to secure competitive advantages and increase customer satisfaction.
More precise forecasts and planning
Relevant data, including customer or sales data, for example, is processed, harmonized and merged for the forecast.
Training of the AI model
An individual AI model, optimized for your process, is traned by you with historical data – without any AI expertise.
Feedback
Through feedback and continuous training, the AI model learns to make better and more accurate predictions.
Test data is used to check how accurately the model can make predictions. Experts can select a variety of parameters for validation if required.
Forecasts and simulations
New and unknown data is applied to the validated AI model to generate forecasts. You receive additional information for each individual forecast so that you can better assess the prognoses.
Regular updates and training sessions keep the forecasts up to date at all times.
Would you like to discuss your concerns or ideas?
Demo date
Get to know the MDM Booster for AI-based planning and forecasting. The MDM Booster offers you a wide range of options for efficient forecasts, simulations and planning as well as for improving data quality.
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How can we provide support?
Would you like to receive further information or are you interested in an individual consultation? Simply let us know in a short message how we can help you and we will get back to you as soon as possible.
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