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Description
Hakio utilizes sophisticated algorithms that harness real-time data to effectively predict trends, seasonal fluctuations, and overall market performance. By providing accurate forecasts, Hakio assists businesses in minimizing surplus inventory, thus freeing up capital and avoiding both stock shortages and the pitfalls of excess stock. Consequently, this leads to reduced costs, enhanced product availability, and a satisfied CFO who can appreciate the financial efficiency. Recognizing that the fashion and retail sectors are ever-evolving, we tailor our methods to the specific needs of each client, ensuring that our algorithms are finely tuned to their unique operational contexts. Additionally, we empower your team to incorporate their own insights by allowing manual adjustments in the forecasting process, fostering a collaborative environment. With decades of expertise in supply chain optimization specifically tailored to fashion and retail, the Hakio team is dedicated to partnering with you to tackle the intricacies of demand forecasting effectively. Together, we will ensure that your business not only meets but exceeds its forecasting goals, paving the way for sustained success.
Description
The forecasting of fashion trends, demand, and prediction systems is fundamentally flawed, as current methodologies rely heavily on subjective assessments, expert opinions, or supply-driven insights. This inadequacy results in an astounding waste of over 70 billion garments annually, with a growth rate of 6% each year. To address this crisis, a significant shift in perspective is essential. Our platform encompasses all aspects of the fashion industry, from predicting trends and identifying successful products to optimizing inventory and tailoring assortments for specific stores. Stylumia offers innovative solutions that leverage proprietary fashion AI and unique demand sensing machine learning algorithms, enriched with consumer demand signals. By utilizing our platform, businesses can uncover the genuine preferences of consumers, enabling them to make informed decisions about product assortments to remain competitive. With our advanced capabilities, you can accurately forecast demand at every level of the product hierarchy, including style, color, and size, ensuring your offerings resonate with what consumers truly want. Ultimately, this approach not only reduces waste but also enhances the overall efficiency of the fashion supply chain.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Hakio
Founded
2022
Country
Denmark
Website
www.hakio.com
Vendor Details
Company Name
Stylumia
Founded
2015
Country
India
Website
www.stylumia.ai/#ImaGenie
Product Features
Demand Planning
Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting
Sales Forecasting
Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis
Product Features
Fashion Design
CAD Tools
Color Matching
Design Export
Fabric Matching
Fashion Illustrations
Pattern Grading
Pattern Layout / Print / Cut
Pattern, Color & Art Storage
Presentation Tools
Textile Pattern Design