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Applied Intelligence Solutions (AIS) Releases DemandXpert(TM) - The Next Best-Practice Forecast Solution

Posted on Wednesday, January 23, 2008 7:45:37 AM       Sign Up to receive Daily News Alerts in your E-mail Inbox                            Digg This Article   Add to Delicious

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    Installation Does Not Require Rip and Replace - Most Retailers Have Necessary IT Infrastructure in Place

    WESTMINSTER, Colo., and NEW YORK, Jan. 14 -- NRF, Booth 455 -- Applied Intelligence Solutions, LLC (AIS), developer of next-generation intelligent software solutions, today announced the release of DemandXpert(TM), a multi-dimensional forecast solution that predicts from the item/store and SKU level to define demand signals based on consumer purchase behavior and merchandise attributes.

    DemandXpert combines patent-pending proprietary behavioral emulation, pattern recognition and artificial intelligence technologies alongside well-known statistical tools to identify and scrutinize granular data. Demand is disaggregated and interpreted; generating recommendations and explanations based on contributions such as base demand, promotional lift, and holiday traffic or missed sales opportunities for various levels of the merchandise and location hierarchies. Users may also go outside standard hierarchies to group items or cluster stores real-time without having to re-forecast.

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