Lokad

Lokad

by Lokad

Quantitative Supply Chain

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About Lokad

Better supply chain decisions

Make better purchasing and replenishment decisions. Service more clients with less stock. Achieve less stock-outs and less dead stock. No more spreadsheet madness.

What is Lokad?

Lokad optimizes all fine-grained supply chain decisions - when to buy, how much to buy, where to stock, when to recount, etc and provides an end-to-end perspective on your entire supply chain. Our quantitative optimizations are predictive, business-driven and robotized.

Probabilistic forecasts with cloud computing

Lokad has developed a forecasting technology that is uniquely suitable for supply chain optimization. We deliver probabilistic forecasts, which are about the only statistical method that works when dealing with erratic or intermittent demand.

Script Everything

When it comes to business optimization, every single detail matters. In order to cope with all business rules, no matter how complex, Lokad has designed a programming language - Envision - specifically tailored for commerce.

Human plus Machine

Lokad delivers inventory optimization as a service. Clients benefit from an end-to-end service solution, where Supply Chain Scientists take care of crafting an optimization logic entirely dedicated to your company.

Leverage your store data and take the best supply chain decisions with probabilistic forecasts

  • All possible futures must be considered; a probability for each possibility
  • All possible decisions should be examined in relation to all the possible futures and their respective probabilities
  • Economic drivers must be used to prioritize feasible decisions
  • Being in control requires automation for every mundane task
  • A Supply Chain Scientist must take ownership of the numerical results

Why Lokad

Powered by Microsoft Azure, Lokad’s webapp features Big Data processing capabilities, and allows you to create the necessary business logic that turns these forecasts into decisions, which are specifically adapted to your business. These decisions can be adjusted to fit your particular supply chain constraints, such as MOQs (minimum order quantities) for example, your economic drivers, such as risks associated with shelf-life expiration, and your processes, such as daily purchase orders to be made before 8am every day.

Integrates with

  • Netsuite,
  • DearSystems,
  • Tradegecko,
  • Skuvault,
  • Brigthpearl,
  • Linnworks

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Support

  • Developer website
  • Privacy policy not provided
  • +1 (716) 989 6531
  • contact@lokad.com

Pricing 30-day free trial

See all pricing options

External Charges may apply. These charges are billed by the external provider and won’t appear on your Shopify invoice.

Professional

$2,500/month

Subject to project complexity

  • You benefit from an end-to-end service solution, where Lokad experts craft an optimization logic entirely dedicated to your company.

* All charges are billed in USD. Recurring charges, including monthly or usage-based charges, are billed every 30 days.

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