Novo BI

Novo Forecast Enterprise
DEMAND FORECASTING - INTEGRATED PLANNING - SUPPLY CHAIN PLANNING

Digital solution helps to increase demand forecasting accuracy, plan and optimize supply chains for distributors, manufacturers, retail chains

Request a free demo

Novo Forecast
Enterprise

DEMAND FORECASTING - JOINT PLANNING - SUPPLY CHAIN PLANNING

Digital solution helps to increase demand forecasting accuracy, plan and optimize supply chains for distributors, manufacturers, retail chains, HoReCa

Request a demo

About us

Novo BI is a developer and a supplier of the demand forecasting system Novo Forecast Enterprise, a patent holder of its own IT developments.

In Novo Forecast Enterprise one uses unique 3000+ mathematical
algorithms based on AI and ML. A team of consultants has many years of experience in organization, algorithmization and automation of processes at the enterprise.

We help companies with massive sales structures fully automate S&OP process and reduce out of stock/overstock cases.

12 years
in creating forecasting
and decision support systems
200 +
successfully
implemented projects
> 16 mln $
a customer saves
per year on average
+12 000
users work
in the system

Novo Forecast Enterprise solution

Demand forecasting

Fully automating the forecasting demand cycle

Integrated Planning

Unified digital planning environment with delineation of roles and access rights to planned activities and factors of structural change in demand

Supply Chain Planning

Planning the volume of purchases and production, manage inventory

Trade marketing automation

Managing promotions and increase the efficiency of promo, recommending promotions and discounts formats. Evaluating of promo in real time, building the transparent engaging process

Production planning

The ability to build all S&OP connections (sales forecast, production plan and purchase plan) in one software. Operational and medium-term production planning taking limitations into account

Results of implementation

increase of demand forecasting accuracy

min profit increase

release of a company's operating assets

reduction of overstock
cases

reduction of out-of-stock cases

increase of speed of decision making — minutes instead of days

Our cases

How our clients transformed their business, achieved results and drove company's growth

ALIDI

How the distributor of Nestle, Mars and P&G in CIS saves up 16 000 000 $ a year with forecasting algorithms

Forecast accuracy + 45%
Profit +5%

Reaton

How Novo Forecast Enterprise system helped the largest product distributor from the Baltic states to adapt itself to the lockdown

Forecast accuracy +40%
Forecasts during lockdown 80%

AquaArt Group

How AquaArt Group reduced time spent on forecasting by 15 times and introduced 200+ new products during a year

Labor effort 580 man-hours →
40 man-hours
Planning +39%

GAP Resource

How a group of agro-enterprises “Resource” reduced its expenses and increased sales with the help of S&OP

< 0.5% reduction of production write-offs
> 2% service level increase

Volma

How one of the biggest manufacturing companies of dry construction mixes "Volma" saves more than $3,5 mln a year

$3,5 mln is yearly saved

Risks of not delivering orders by transport have been reduced

The cost for product storage has decreased;

The number of production plan adjustments has decreased.

Bergauf

How to automate the processes of demand planning and inventory management in complex supply chains

DPA growth to +15% points
The planning horizon increased to 18 months
Extensive calendar planning throughout the supply chain with daily updates

Uvelka

One of the largest cereal producers “Uvelka” finds new directions of business growth with “Novo BI” analytical solutions

1. the accuracy of forecasts at the "product — month" level, considering factors, increased to 92%;
2. forecasting has been automated considering the following factors:

promotional activity,
new products,
listings,
tenders, and etc.

May Foods

How one of the largest tea and coffee producers increased the accuracy of its demand forecasting by 20%

After implementing the Novo Forecast Enterprise tool, forecast accuracy has increased up to 68% and continues to grow.
The company can now control key promotional efficiency indicators: discount depth, amount of promo volume, promo frequency and so on.
Now planning is accomplished quickly, accurately, and without disputes between departments.

Wolta

How to reshape the supply chain at lockdown and increase the accuracy of demand forecasts by 15%

Forecast accuracy has grown by 15 percentage points: from 49% to 64%.
Forecast recalculation speed increased from one week to one hour
Now forecasts are calculated on a monthly basis or "by event"
Out-of-stock situations decreased, and service level increased up to 90% (+13%)
Stock level is expected to decrease by 1.5 times (from 6 to 4 months)

Free demo

Experience the digital power of Novo Forecast Enterprise

You will be in touch with one of our team members after filling in the form

Why Novo Forecast Enterprise?

Fast Implemetation

About 4 months. The first forecasts and results will be ready 30 days after the start of the project

Easy integration

With SAP, Dynamics AX, 1C and etc

Employee training

We will train your employees to work effectively with the system

Our clients

We work with clients in the CIS and Europe

For partners

Partnership is a great opportunity to develop new interesting directions for your business.
We create conditions for profitable and convenient cooperation.
Contact us and let's cooperate!

Contact us:

event@novobi.ai