AI-based planning and forecasting: support for strategic decisions
Leverage the MDM Booster’s planning and forecasting capabilities to easily, quickly, and precisely model dynamic and complex relationships using AI. Unimportant or redundant information is automatically eliminated, while relevant information and its contextual dependencies are retained.
- More precise forecasts: Abstraction from state-of-the-art models offers high accuracy without requiring AI expertise from the users.
- Efficiency: Experts are relieved of workload, correlations are presented in a comprehensible manner
- Real-time forecasts: the ability to react quickly to changes
- Large amounts of data: Problem-free processing of large amounts of data
- Flexibility: Optimize a variety of tasks, such as turnover and sales planning, service planning or liquidity planning
Precise models and forecasts support the company’s development
Planning and forecasting that is as accurate as possible supports you in the development of your company. Inaccurate planning and forecasts can lead to wasted resources, overload or the loss of orders.
Optimize your strategic and operational planning processes with the MDM Booster. Use historical and external data to train your company’s own, customized AI models – quickly, easily, and efficiently, without any prior AI expertise.
AI-based planning and forecasting – application examples
Personnel planning
The MDM Booster supports you in personnel, shift and duty planning to avoid personnel bottlenecks and relieve your planners. Use the possibilities of artificial intelligence to make your personnel planning more flexible and optimize it, instead of complex planning processes using Excel or relatively imprecise statistical methods.
Sales planning
Use AI-based forecasts to predict and plan your sales for your current and future product or service portfolio. Minimize capital commitment due to excess stock and lost sales due to lack of delivery capability.
Set-up times
Minimize your set-up times through optimized production planning using artificial intelligence. Maximize your production capacities and system profitability through optimized setup time planning.
Predictive Maintenance
Leverage customized AI models with the MDM Booster to take proactive preventative measures against potential plant failures. Whether for series production or individual systems, the MDM Booster helps your engineers and technicians quickly, easily, and efficiently train their own AI models for predictive maintenance.
Tour optimization
Use artificial intelligence to optimize your route planning and incorporate your drivers’ knowledge into the planning process. Use the possibilities of dynamic route planning that draws on historical and current information. Integrate the MDM Booster into classic route planning systems to achieve maximum efficiency with the latest technology.
Price forecast
The MDM Booster allows you to use historical and current data to accurately predict price trends and demand patterns – even for follow-up products, new products, and longer time periods. Data quality issues that could hinder accurate forecasting are also quickly, easily, and efficiently resolved with the MDM Booster.
Would you like to discuss your concerns or ideas?
Book an appointment online nowMDM Booster – Artificial intelligence for planning, simulations and forecasts
Simulate Changes and analyze potential positive or negative impacts on the respective process. Use the MDM Booster’s regression analysis to find the optimal parameters for your process. A variety of use cases, such as personnel and sales planning, inventory planning, location planning, or setup times, can be optimized using the MDM Booster, the AI software for every employee.
With the MDM Booster, companies can make data-driven decisions and plan resources more flexibly. This enables them to to react more quickly to changes in the market – in order to secure competitive advantages and increase customer satisfaction.
More precise forecasts and planning
Data preparation
Relevant data, including customer or sales data, for example, is processed, harmonized and merged for the forecast.
Training of the AI model
You train a customized AI model, optimized for your process, using historical data – without any AI expertise.
Feedback
Through feedback and continuous training, the AI model learns to make better and more accurate predictions.
Validation
Test data is used to check how accurately the model can make predictions. Experts can select a variety of parameters for validation if required.
Forecasts and simulations
New and unknown data is applied to the validated AI model to generate forecasts. You receive additional information for each individual forecast so that you can better assess the prognoses.
Monitoring
Regular updates and training sessions keep the forecasts up to date at all times.
Would you like to discuss your concerns or ideas?
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Get to know the MDM Booster for AI-based planning and forecasting. The MDM Booster offers you a wide range of options for efficient forecasts, simulations and planning as well as for improving data quality.
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