Arkieva Releases New Machine Learning Forecasting And ROI Solution, Swifcast
Supply chain software company Arkieva announces Swifcast, a free app that provides an actionable demand forecast and helps make the business case for digital transformation.
WILMINGTON, DE. USA – August 4, 2020 — Arkieva, Inc., a leading designer, and provider of the Arkieva suite of Advanced Planning and Scheduling (APS) software tools for manufacturing companies today announced the launch of their new machine learning forecasting and ROI tool, Swifcast. Swifcast is the only app that allows users to load historical supply chain data and get both an actionable demand forecast and an ROI to prove the business case for transforming an organization’s approach to predicting future demand.
Swifcast intends to help supply chain practitioners and the corner office better understand the intersection of technology and financial results, alleviating concerns over making changes to the business process without a firm feel for the outcome.
“We have had hundreds of conversations with customers and prospects over how to prove ROI and how generic some underlying assumptions are,” says Ernie Untereiner, Arkieva’s Director of Sales and Marketing, “We set out to build a tool that would use the client’s historical data to provide a personalized ROI and forecast. Our goal is to empower planners to have the data points that they need to create a business case justification for management to invest in the organization’s planning future.”
Swifcast is a cloud-based solution that is free to the public. The hope is that the information provided by Swifcast will help supply chain leaders accelerate their move away from cumbersome Excel-based forecasting and begin to model demand using ML-based applications. The ROI calculation in Swifcast takes this outcome and helps the user understand the impact of improved forecast accuracy (and service levels) on the overall business.
About Arkieva Supply Chain Software
Arkieva, founded in 1993, is the developer of Arkieva software solutions for global manufacturing supply chains. With headquarters in Wilmington, Delaware, USA, and offices in Antwerp, Belgium, and, Mangalore, India, Arkieva is positioned to support multinational businesses around the world. Arkieva products enhance productivity and reduce operating costs in the supply chain, providing the full range of features necessary for effective Sales and Operations Planning (S&OP). Such major corporations as Samsonite, Wonderful Brands, Hexion, Messer, Escalade Sports, Lavazza, Nouryon, Amy’s Kitchen, and LUSH Cosmetics use Arkieva solutions. For more information, visit arkieva.com.
Arkieva Media Contact
Ernie Untereiner, Director of Sales and Marketing