Executive Briefings

FusionOps Unveils Predictive Analytics for Supply Chain

FusionOps has released an application providing predictive analytics for the supply chain.

In the process, the company has extended its platform to include pre-defined predictive models based on advanced statistical models and machine-learning techniques. The new capabilities will be applied to key aspects of the supply chain, aiding in such initiatives as mitigating supply-chain risk, reducing inventory from returns, predicting maintenance requirements and improving demand forecasting. Thousands of SKU predictions can be made in a few hours, FusionOps claimed. It is offering 10 statistical models, with more in development, which are automatically selected and applied on a per-SKU basis. The tool provides the ability to aggregate and view demand across multiple dimensions, such as product line, region and time interval. A LiveAnalytics infographics format allows users to understand revenue impact by quarter or by region.

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In the process, the company has extended its platform to include pre-defined predictive models based on advanced statistical models and machine-learning techniques. The new capabilities will be applied to key aspects of the supply chain, aiding in such initiatives as mitigating supply-chain risk, reducing inventory from returns, predicting maintenance requirements and improving demand forecasting. Thousands of SKU predictions can be made in a few hours, FusionOps claimed. It is offering 10 statistical models, with more in development, which are automatically selected and applied on a per-SKU basis. The tool provides the ability to aggregate and view demand across multiple dimensions, such as product line, region and time interval. A LiveAnalytics infographics format allows users to understand revenue impact by quarter or by region.

Read Full Article