Lokad

Lokad provides an AI Pilot for supply chains, helping businesses make profitable choices by robotizing mundane decisions and allowing people to focus on strategic thinking. It offers automated predictive optimization for routine challenges such as purchasing, production planning, stocking, and pricing, explicitly carrying uncertainty and pricing trade-offs in monetary terms. The solution is built on a probabilistic forecasting engine and a proprietary programming language called Envision, designed specifically for supply chain problems. Lokad's approach is rooted in applied economics, helping companies across diverse industries like aerospace, fashion, retail, automotive, luxury, fresh food, and manufacturing. It aims to optimize supply chain performance by focusing on economic trade-offs and providing tailored, programmatic, and automated solutions. The platform is designed to enhance the capabilities of purchase managers and supply chain teams, providing valuable insights and enabling faster, more accurate decision-making without replacing human expertise.