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What is SmartForecasts?

You can choose to install it on your own server or utilize our hosted service instead. SmartForecasts delivers advanced capabilities in demand planning, forecasting, and targeting service levels. This ensures that you achieve precise predictions for future demand and inventory levels that meet your service goals. The software accounts for seasonal fluctuations and inherent trends in demand, providing a more accurate forecasting model. Additionally, it facilitates collaboration by allowing users to share and modify forecasts based on their insights, upcoming promotions, or significant events. You can also monitor and evaluate forecast accuracy, enabling you to optimize your demand forecasting and enhance your supply chain efficiency. By leveraging SmartForecasts, businesses can make informed decisions that lead to better inventory management and customer satisfaction.

What is FarsightIQ?

FarsightIQ is a cutting-edge retail intelligence platform powered by artificial intelligence, designed to aid retailers in accurately predicting demand, optimizing their inventory levels, uncovering crucial business insights, and swiftly adapting to market fluctuations. It provides a comprehensive suite that encompasses forecasting, replenishment, inventory optimization, conversational analytics, and product attribution within a unified system. Utilizing machine learning, ensemble modeling, and real-time demand sensing techniques, FarsightIQ generates both pre-season and in-season forecasts, delivering granular insights that break down data to the SKU-by-store-by-week level, along with scenario planning and clear explanations of its findings. The platform transforms ongoing forecasts into practical recommendations for purchasing orders and stock transfers, closely monitoring sales and inventory to reduce the risks of stockouts and excess inventory. Additionally, FarsightIQ assesses projected demand, weeks of supply, and inventory across multiple channels—including physical stores, distribution centers, and e-commerce platforms—to propose the best transfers and stock rebalancing strategies before new orders are placed, while enabling planners to manage and approve these decisions. This innovative methodology not only improves operational efficiency but also empowers retailers with the flexibility required to respond to ever-changing market dynamics, fostering a proactive approach to inventory management and sales strategy. Ultimately, FarsightIQ stands as a vital tool for retailers looking to thrive in a competitive landscape.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$4,999 per month

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Smart Software

Date Founded

1984

Company Location

United States

Company Website

smartcorp.com/smart-demand-planning-copy/

Company Facts

Organization Name

FarsightIQ

Date Founded

2025

Company Location

Canada

Company Website

farsightiq.com

Categories and Features

Production Scheduling

"What If" Scenarios
Bottleneck Optimization

Categories and Features

Retail Intelligence

Not specified

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