Intuendi software is a great choice for retailers seeking to streamline their planning process and eliminate human error in inventory control. We found Intuendi’s AI-powered platform handles all the heavy lifting of forecasting. If you’re ready to reduce stockouts and optimize inventory, Intuendi has advanced algorithms to improve accurate future inventory predictions.
However, if you’re a small startup, Intuendi may not be the best fit for you. It’s designed for companies with complex demand forecasting needs, so if you have a limited number of SKUs, consider another solution.
Intuendi is an AI-powered demand forecasting and inventory optimization cloud platform which helps companies to reduce stockouts and excess inventory. The main advantage coming from Intuendi is a higher return of inventory investments: Intuendi identifies trends and patterns in customer demand for finished goods, then finds the factors that drive sales to better estimate future inventory needs.
Affordable and easy to use, Intuendi reduces up to 82% forecasting error, and speeds up 6x the purchase orders management process.
Intuendi is popular with all sorts of retailers and eCommerce businesses, with some including:
Designed for small and midsize companies, Intuendi gives you automated suggestions and the confidence to stock the right SKUs in the right place at the right time.
|Usability - 9.2||Has an agile and responsive interface; graphics are helpful for understanding forecasting data; easy to move between different tools.|
|Support - 8.4||Includes continuous support which is available online; new customers receive a professionally guided onboarding process; resource center provides articles on improving demand forecasting but some require an ebook download.|
|Features - 9.8||Has features divided into three areas: Forecast, Inventory, and Orders; AI forecasting tool increases accuracy; offers ways to filter, search, and analyze stock; analyze what-if scenarios; no mobile app.|
|Security - 9.4||Data can be imported into the system from CSV and Excel files; exports from the same file types; API allows for easy ERP integration and other third-party connections.|
|Value - 9.5||Plans start at approximately $1,600 per month per month depending on feature set; subscriptions are monthly; adding more users beyond the initial 3-5 can increase costs.|
|Performance - 10||Functionality was fast and responsive; results from new forecasts were quick; no slowness or performance issues.|
|Scalability - 9.3||Uses machine learning and AI technology to offer more accurate forecasting results; can grow with companies; developing a BI tool.|
Intuendi uses machine learning and AI to automate and customize demand forecasting for each business. During onboarding, any unique factors to your market or industry can be added to help the system make more accurate predictions.
Intuendi offers several different types of forecasting as well, to best fit each business. The two main options are top-down and bottom-up, yet the exact option depends on what works best for you. From there, users can further customize how data is prioritized in forecasting.
This customization allows businesses to better monitor stock levels and quickly detect under/overstock risks. When those situations seem likely to occur, users can allow the Intuendi AI to suggest just how much stock needs to be ordered, when the order needs to be made, and from which supplier to get the fastest results or best prices.
Inteundi also offers inventory management tools to better inform demand forecasting based on stock levels and other factors. One particularly cool feature offered by Intuendi is the ability to forecast for new products based on data from existing products. Specifically, this is great when launching a new product which doesn’t yet have any sales history. The system can find products which share similar characteristics, such as color or style, and use that information to generate a forecast.
Another unique feature of Intuendi’s AI appears when making purchase orders: order management system makes it possible to see a container’s estimated space in real-time.
Automation features make suggested orders based on supplier constraints, like a predetermined minimum order quantity. Requiring approval can prevent overstock situations by allowing users to double-check what is being ordered and in what quantities.
Want to understand why the AI suggested the quantities or dates that it did? There’s a pop-out tile which will show the reasoning. Of course, users can also make their own purchase orders the traditional way as well - though still informed by the data Intuendi has on each product.
After using Intuendi, a few extra features would have been nice:
|Monthly Subscription||Starting at approximately $1,600/month (€1,500/month)||Designed for retailers, eCommerce, manufacturers, and more. Features include:
Intuendi has a monthly subscription based pricing model which is based on the exact feature set your business needs. However, $1,600 seems to be the minimum price a company would pay. Adding more than five users can increase the cost, as this adds variables to the AI algorithms. The cloud-based software is accessible from any web browser.
Here are the answers to some frequently asked questions about Intuendi:
Accurately forecasting demand allows businesses to predict what items need to be in stock in order to meet buyer demand.
Intuendi uses machine learning and AI to advance demand forecasting practices and improve accuracy.
Based on our experience with Intuendi, we would recommend this software for retailers, eCommerce, and manufacturing companies. Any small to medium enterprises with a high volume of SKUs or revenue to manage can benefit from using this software to automate and improve their demand forecasting.
Intuendi might not be the right fit for businesses which only have a limited number of SKUs or low revenue. It’s also not a good match for companies just looking for a basic demand forecasting software that would only analyze historical data. While it can work for all sorts of retailers and manufacturers, it’s not a great fit for agricultural companies.
Ease of implementation and easy of use. Intuendi is a software that allows you to understand the replenishment logic in a short time and avoid making mistakes when reordering.
Our buyers use Intuendi every day to estimate inventory needs, so we know what and how much to buy to keep our standards high and keep customers happy.