Hakio

Hakio offers a forecasting and demand planning platform designed to help eCommerce merchants consolidate all relevant data, employing algorithms to combine, clean, and organize the information into understandable and actionable insights. Users can conduct thorough forecasting and demand planning analyses, including the identification of emerging trends and determining optimal reorder points. It enables teams to respond to market changes, access accurate predictions of consumer demand through interactive reporting, prevent cannibalization when introducing new products, and utilize modeling techniques, such as machine learning, for demand prediction. Businesses can minimize revenue loss caused by stockouts and excess inventory by accounting for seasonal variations. Usi...