Predict the Future, Not Fear It: With New Horizon’s AI-Powered Demand Planning
Eliminate overstocking and optimize production with accurate demand forecasts. Reduce carrying costs, free up valuable storage space, and boost your bottom line.
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The Supply Chain Planning Software of Choice for Industry Innovators
Innovative Companies of All Sizes Trust New Horizon to Help Them Build More Agile and Resilient Supply Chains
The Latest AI and Machine Learning Technology. Intuitive User Experience. Quick Implementation.
Today’s environment of uncertainty demands a new approach to demand planning. New Horizon Demand Planning offers the latest AI and Machine Learning technologies, a modern intuitive user experience, and a quick implementation approach to produce dramatic improvements in forecast accuracy.
Why Choose Our Demand Planning Software?
Increase Forecast Accuracy with Facebook Prophet and New Horizon’s Advanced Data Science
Take advantage of multiple forecasting methodologies, including Facebook Prophet Technology with New Horizon’s industry-specific enhancements. Demand Planning uses Artificial Intelligence (AI) and Machine Learning to select the best forecasting approach.
Use Special Algorithms for Unexpected Shifts in Demand
Traditional time series forecasting is of limited use in the face of natural, economic, and geopolitical disruptions. Use AI technology to compensate for the skewing of demand history caused by such events.
Focus on What’s Important Using Automated Demand Segmentation
Use automated clustering to classify products based on volume, margins, seasonality, volatility and other attributes. Focus on the most critical items for forecasting and exception management.
Demand planning is a business process that varies by industry. With New Horizon’s process templates, you can accelerate your implementation and improve planner effectiveness through the use of industry best practices.
New Horizon’s User Experience (UX) is based on lessons learned from over 100 demand planning implementations. Our modern UX is easy to use and features highly configurable layouts and workflows.
Advanced Features for Demand Planning
- Gain forecast accuracy from using artificial intelligence without having to become a data scientist. Let New Horizon’s machine learning continuously adapt to changing market conditions.
- Drive accountability with comprehensive audit trails. Track user input and record all plan changes.
- Manage by exception to focus on the most important issues. Receive real-time alerts for changes in forecast and forecast error.
- Understand drivers of change with pre-built waterfall analysis. Compare actual versus forecast demand to diagnose problem areas.
- Improve forecast accuracy using more demand data at greater granularity. Manage the resulting large data sets with New Horizon’s high-performance cloud architecture.
- Gain control over your demand planning process. Monitor process effectiveness with numerous out of the box KPIs such as MAPE and Bias.
Increase Demand Plan Accuracy and Reduce Costs
Whether you are replacing spreadsheets or an aging demand planning solution, New Horizon can take your supply chain performance to the next level. New Horizon’s powerful AI and machine learning enable your planners to create more accurate forecasts. Features such as automated demand segmentation, exception management, and an intuitive user experience improve planner productivity. With the resulting superior demand plans, your supply chain will benefit in multiple ways.
Improved forecast accuracy by up to 44% vs. other solutions
Increased service levels, on-shelf availability, and revenue
Reduced inventory and supply chain costs
Improved planner productivity and faster planning cycle times
“AI and machine learning have given us better visibility into demand and more accurate forecasts so we can become more responsive to changing conditions. And while the AI technology is very sophisticated, New Horizon automates the forecasting process so that we are insulated from any technical complexity.”
David Mörker
Sr. Director & Head of Information Technology
Faribault Foods
Struggling with Inconsistent Supply Chain Performance? It's Time to Regain Control.
New Horizon’s Demand Planning Software acts as a catalyst for supply chain excellence. Experience the power of synchronized operations, improved service levels, and lower inventory.