Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the manufacturing industry. This time, you get to discover five hand-picked manufacturing demand forecasting startups.
Out of 187, the Global Startup Heat Map highlights 5 Top Manufacturing Demand Forecasting Startups
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 187 exemplary startups & scaleups we analyzed for this research. Further, it highlights five manufacturing startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 182 manufacturing demand forecasting startups, get in touch with us.
StockTrim optimizes Inventory Forecasting
Founding Year: 2017
Location: Auckland, New Zealand
Use StockTrim’s Solution for Timely Purchase Orders
StockTrim is a New Zealand-based startup that provides an inventory forecasting solution. It enables manufacturers to produce and stock the right quantity at the right time. The startup’s software forecasts the demand for finished goods and converts this into a schedule of requirements to produce the final product. This also includes an order plan for all the required components and ingredients. The software analyzes the demand patterns and order quantity enabling production managers to be confident in predictions and ordering the adequate amount. Further, StockTrim allows the inclusion of variable supplier lead times ensuring enough inventory to cover the time between ordering and delivery.
Safio Solutions improves Cash Flow Efficiencies
Founding Year: 2017
Location: Brookfield, USA
Funding: USD 1,8 M
Partner with Safio Solutions for Improved Operational Performance
US-based startup Safio Solutions develops a web-based software-as-a-solution (SaaS) platform that allows strategic decision-making in the manufacturing industry for improved operational performance. The startup’s platform gathers all vital company data to make forecasting decisions in one convenient location. It includes customized dashboard analytics to give comprehensive insights and monitor performance, with a few clicks. This allows manufacturing companies to sustain an optimized stock level that improves cash flow efficiencies.
iERP enables Sales Forecasts
Founding Year: 2019
Location: Bratislava, Slovakia
Funding: USD 146 000
Reach out to iERP for Business Prediction Platform
Slovakian startup iERP offers an AI-based software solution to facilitate sales forecasts for manufacturing companies. The startup’s end-to-end business prediction platform consists of modules that address multiple business scenarios. The platform utilizes additional parameters like COVID-19, weather, and economic indicators apart from historical data. This facilitates production managers in making informed decisions on the number of finished products to manufacture or raw materials to buy or when to boost a marketing campaign.
ConverSight advances Demand Planning
Founding Year: 2017
Location: Indianapolis, USA
Funding: USD 7 M
Innovate with ConverSight to Minimize Stockouts & Excess Inventory
ConverSight is a US-based startup that provides demand planning solutions based on statistical forecasts to minimize stockouts and excess inventories. The startup’s AI platform allows manufacturing companies have an actionable control tower to track inventory, accurately forecast for the future, and improve operational agility and resilience. The software provides real-time visibility to identify top-performing products, items sold together, and promotional opportunities. ConverSight offers recommendations and instant alerts for decision-makers about low inventory, bottlenecks, and anomalies facilitating optimized production.
Aegasis Labs streamlines Supply Chain Operations
Founding Year: 2018
Location: London, UK
Collaborate with Aegasis Labs for Inventory Optimization
British startup Aegasis develops AI solutions for supply chain operations and inventory optimization. The solution integrates historical data, environmental factors, and recent trends to optimize manufacturing operations. The platform utilizes machine learning algorithms to improve these processes in terms of efficiency, customer satisfaction, and operational uptime. This increases customer satisfaction by reducing manufacturing disruptions resulting from supplier delivery and quality issues.
Discover more Manufacturing Startups
Manufacturing startups such as the examples highlighted in this report focus on sales forecasts, improving cash flow efficiencies, minimizing stockouts, and streamlined supply chain operations. While all of these technologies play a major role in advancing the manufacturing industry, they only represent the tip of the iceberg. To explore manufacturing technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Manufacturing Innovation Report to save your time and improve strategic decision-making.