Bridging the gap of traditional Demand Planning with AI & ML
Traditional demand forecasting often struggles with accuracy, adaptability, and real-time responsiveness. At Stellium, we’ve taken forecasting to the next level by integrating building 4kast.ai, our cutting-edge demand forecasting solution that can either be deployed as a stand-alone demand forecasting tool or as an add-on that seamlessly integrate with your existing SAP IBP instance. 4kast.ai leverages a library of machine learning models such as Long Short-Term Memory (LSTM), Random Forest, Feedforward Neural Networks, specifically designed to enhance forecast accuracy, allowing you to extract even more value from your current SAP IBP investment.
By breaking free from the constraints of traditional forecasting, businesses can achieve greater agility, resilience, and competitive advantage. Leveraging AI-powered accuracy and a cost-efficient, scalable framework, this solution elevates demand planning from a mere process to a strategic advantage.
Business Benefits of AI-Enhanced SAP IBP Forecasting
- Sharper Forecast Accuracy – AI-powered models adapt dynamically to changing market conditions, reducing forecast error and improving supply chain efficiency.
- Scalable & Cost-Effective – Built on SAP BTP, this solution provides a future-ready, flexible forecasting approach without the overhead of traditional forecasting tools.
- Actionable Insights in Real Time – Move beyond static forecasting with intelligent, data-driven predictions that empower proactive decision-making.
Research suggests Machine Learning (ML) in demand forecasting can:
- Improve forecast accuracy by 10-50%
- Inventory holding costs could decrease by 5-10%
- Revenue increasing by 0.2-3%
- Studies indicate that lost sales from stockouts may be reduced by up to 45%
The Technical Framework of SAP IBP and BTP
- Automated Forecasting Triggers – Jobs can be scheduled or triggered on demand for real-time adaptability
- AI-Enhanced Data Processing – Advanced ML algorithms clean, process, and analyze historical demand patterns
- Seamless External Processing – Data flows securely between SAP IBP and the external forecasting system via SAP BTP’s integration capabilities
- Superior Forecast Precision – Machine learning refines forecasts based on seasonality, demand shifts, and macroeconomic indicators
- Tight SAP IBP Integration – Forecasted results are sent back via OData services, ensuring seamless usability within IBP’s planning framework
Below are some snippets from SAP IBP reflecting the successful generation of external forecasts.
Implementing SAP IBP Forecasting with External Model Integration
The screenshots below demonstrate the actual implementation of 4kast.ai, showing successful external forecast generation within the SAP IBP environment. These application logs verify how the solution processes data through SAP BTP’s integration capabilities and return refined forecasts directly into your IBP instance. For a comprehensive understanding of how this integration can enhance your specific forecasting needs, review the IBP External Forecast Model Setup and corresponding application logs shown, or Contact Us for a personalized demonstration.
Forecast Model Configuration Using External Algorithm
Execution Logs of Forecast Model in IBP
Forecast Results and Evaluation Metrics
Explore How 4kast.ai Enhances SAP IBP and BTP
Forekast.ai delivers a future focused, cloud-based supply chain planning solution built on SAP’s Business Technology Platform (BTP) and Integrated Business Planning (IBP). Leveraging the powerful infrastructure of SAP BTP, Forekast.ai seamlessly integrates advanced analytics, machine learning, and predictive capabilities to transform supply chain management. This innovative platform enhances efficiency, agility, and scalability across operations, helping businesses achieve smarter, faster, and more resilient planning outcomes. With a focus on future-ready supply chain optimization, Forekast.ai redefines what is possible in cloud-based enterprise planning.
To learn more about our innovation in supply chain technology, explore Stellium Innovation and discover detailed insights on our Product Add ons to see how Forekast.ai can elevate your SAP IBP and BTP strategy.