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Foresight AI Demand Forecasting & Planning System

Flieber

Status: Unverified

Flieber’s multichannel demand planning and inventory optimization platform provides data visibility and accurate inventory recommendations, empowering teams to quickly make data-driven decisions that result in less stock-outs and overstock. Through an easy-to-install native integration, NetSuite’s users can leverage Flieber’s advanced technology to produce more accurate demand forecasts, easily plan replenishment needs, automate the execution of POs/TOs, among other features, all in a fraction of the time.

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  • Description
  • FEATURES
Description

Demand Planning and Inventory Optimization

Retailers struggle to identify the optimal inventory to support demand, due to lack of data visibility, sales volatility, complex supply-chains, among other factors. Most retailers attempt to solve this with detailed spreadsheets, aggregating data from many sources and manipulating it with complex calculations. However, aside from a time-consuming and error-prone process, spreadsheets cannot incorporate the complex dynamics around demand planning, inventory optimization and supply-chain management, especially in the modern, connected, global retail.

Based on real-time sales, inventory and supply chain data, Flieber’s SaaS platform leverages AI to provide demand forecasting, inventory replenishment recommendations, purchase order management, supply chain monitoring, sales rebalancing, among other features to help modern retailers gain full control over their data and make more accurate decisions in a fraction of the time.

Key Benefits

– Gain real-time visibility over your consolidated data by connecting all your sales, inventory and supply-chain data sources through our native integrations and public API.
– Plan your demand with the help of various customizable AI-based forecasting algorithms.
– Monitor your storage and fulfillment replenishment needs in real time (includes bundle support).
– Receive predicted low-stock, stock-out and overstock alerts that help you take the right actions at the right time.
– Plan your Purchases/Transfers and seamlessly push your POs/TOs to your ERP, production management software or 3PL.
– Have an easy and consolidated view over your projected revenue.
– Receive ideal sales pace recommendations to adjust for inventory restrictions.

Who We Are

Flieber is a supply chain tech startup with headquarters in New York (USA) and offices in Waterloo (Canada) and Shanghai (China). Backed by renowned world-class VCs such as GGV, Monashees, Cherubic, AME, Propel, among others, Flieber is bringing a fresh perspective to the biggest and hardest problem in global retail: inventory. With customers in 15+ countries, Flieber’s platform currently manages over 1M SKUs across dozens of sales channels.

FEATURES

Demand Planning

Flieber provides a sophisticated forecast, enabling retailers to plan for demand. The forecast leverages artificial intelligence (AI) so that events and phenomena that affected sales in the past, won’t adversely affect forecasting and planning for the future.
- Stockout Substitution - Flieber’s forecast replaces stockout, or other no sales periods with what would have sold had those conditions not been in place.
- Anomaly Detection - Products sell on particular days because of promotions, weather, or other circumstances. The forecast replaces these outliers with standard sales.
- COVID-19 - Many brands’ sales patterns were severely affected by COVID-19. Flieber’s forecast corrects the history from the impact of COVID-19.
- Level Shift - Change in sales pace that, unlike an outlier, changes the sales level indefinitely. The forecast detects these changes, and incorporates them into the forecast.
- Price Normalization - Prices fluctuate for many reasons, including promotions, demand, or competitive price match. Price changes can affect sales, so Flieber forecasts with normalized pricing.

Inventory Planning And Replenishment

- Plan and purchase inventory for a set period of time based on your business - whether that’s monthly, quarterly, yearly, or any other period.
- Generate POs and TOs - Flieber maps out your supply chain network, and creates customized inventory plans, generating POs for every node within your network (automatically generating one PO for each supplier > destination with all associated products), while taking into account your sales forecast, inventory in-stock and in-transit, and other variables.

Real-time Adjustments

Flieber tracks sales and supply chain operations in real-time. When something unexpected occurs (i.e., shipment delay, unexpected surge in sales), Flieber alerts you and provides recommendations to adjust delivery, promotions, sales, etc.

Bundles And Kits

Flieber aggregates a single product across all bundles in which it’s included (as well as individual sales), to provide inventory forecast and replenishment recommendations at the product level.

Integrations

- Flieber integrates with your tech stack, creating a single source of truth, and aggregating the data to provide intelligence and recommendations on forecasting, planning, purchasing, and adjustments.
- Flieber natively integrates with Amazon, Shopify, Ebay, Etsy, Walmart, BigCommerce, NetSuite, Skubana, Opal, Anvyl, Flexport, Deliverr, Google Sheets, as well as providing an API.

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