Lagom is a software solution designed to enhance business operations through advanced demand planning, inventory management, and data orchestration. By leveraging artificial intelligence and machine learning algorithms, Lagom analyzes historical sales data, seasonal trends, and external factors to generate precise demand forecasts. This enables businesses to optimize inventory levels, reduce the risk of stockouts and overstocking, and improve overall operational efficiency. The platform's intuitive dashboard allows real-time tracking and adjustment of demand plans, fostering collaboration among sales, marketing, and supply chain teams. Ideal for industries such as retail, manufacturing, and logistics, Lagom empowers organizations to make data-driven decisions, enhance customer satisfaction, and maintain a competitive edge in the market.
Key Features and Functionality:
- Demand Forecasting: Utilizes advanced analytics and machine learning to predict future product demand accurately.
- Inventory Management: Ensures optimal inventory levels by reducing the risks of stockouts and overstocking.
- Data Orchestration: Connects structured and unstructured data sources to facilitate AI-based actions for data management and cybersecurity.
- Real-Time Analytics: Provides comprehensive manufacturing analytics for monitoring key performance indicators and identifying process improvement opportunities.
- Collaboration Tools: Enables seamless collaboration among sales, marketing, and supply chain teams for effective demand planning.
Primary Value and Solutions Provided:
Lagom addresses the challenges of inaccurate demand forecasting and inefficient inventory management by providing precise predictions and real-time insights. This leads to reduced operational costs, minimized waste, and enhanced customer satisfaction through the consistent availability of products. By integrating data from various sources and applying AI-driven analytics, Lagom empowers businesses to make informed decisions, streamline operations, and adapt swiftly to market changes, thereby maintaining a competitive advantage.