Antuit.ai and PredictHQ, the demand intelligence company, have collaborated to bring PredictHQ’s expanded and localised data sets, such as events, sports and severe weather, into antuit.ai’s AI-powered demand forecasting.
The pandemic has pushed the companies to accelerate their digital transformation.
Therefore, the collaboration aims to help the company optimise their inventory management and labour management strategies leveraging the use of localised event data and AI-assisted demand forecasting.
Antuit.ai aims to help retailers and consumer product companies improve demand forecast accuracy for better replenishment, order fulfillment, demand planning and pricing.
The integration of PredictHQ’s localised data will help in improving the accuracy of store planning based on Store/SKU/Week level to further reduce out-of-stocks and excess inventory.
Part of this partnership the PredictHQ’s demand intelligence will be integrated into the antuit.ai’s predictive models for key customers.
The PredictHQ’s verified and intelligent event data will offer better insights and relevant local data for each store based on relevant demand catalyst including sports (both nearby and televised), school holidays, academic events, severe weather and 14 more categories.
