Lokad
UnclaimedAI-powered supply chain optimization for profitable decisions in an uncertain world.
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TL;DR - Lokad
- AI-powered platform for supply chain optimization and predictive analytics.
- Automates purchasing, production planning, stocking, and pricing decisions.
- Provides tailored solutions across various industries, focusing on economic trade-offs and ROI.
Pricing: Paid only
Best for: Enterprises & pros
Score: 79/100
Pros & Cons
Pros
- Supply chain optimization platform
- Quantitative forecasting engine
- Inventory optimization focus
- Handles complex supply chains
- Data-driven decision support
Cons
- Enterprise-focused pricing
- Technical setup complexity
- Requires data preparation
- Learning curve for methodology
- Specialized domain knowledge needed
Key Features
Supply chain optimizationDemand forecastingInventory optimizationPrice optimizationQuantitative analysisCustom modeling
Pricing Plans
Free TrialStandard
Custom
- Supply chain optimization
- Probabilistic forecasting
- Envision DSL
- Technical guidance
Enterprise
Custom
- Full platform access
- Supply chain scientists
- Custom models
- Dedicated support
About Lokad
By Toolradar Team·
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.
How we evaluate tools →Source: lokad.com
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Lokad FAQ
What is Lokad?
Lokad is an AI-powered software platform that automates supply chain decision-making. Described as an AI Pilot for your Supply Chain, it robotizes mundane decisions while letting people focus on strategic thinking.
How does Lokad approach supply chain management?
Lokad treats supply chain management as applied economics, pricing trade-offs explicitly in monetary terms while managing uncertainty systematically. It makes many small bets faster than committees can meet.
What are the main use cases for Lokad?
Lokad is used for pricing optimization across multiple countries (Mister Auto), purchase automation and decision optimization (HYMA Group), and inventory management and supply chain optimization (Air France Industries).
What makes Lokad different?
Lokad emphasizes auditable, software-driven decisions that carry uncertainty explicitly, rather than relying on traditional forecasts and planning meetings for supply chain operations from procurement through delivery.
Source: lokad.com