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Compare Forecast Pro vs Lokad

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Overview

Description

Forecast Pro is a powerful off-the-shelf forecasting solution designed for business forecasters across industries. Trusted by over 12,000 organizations and 40,000+ users worldwide, it ... Read More

Lokad’s AI Pilot is an advanced supply chain optimization platform that leverages artificial intelligence to automate and enhance inventory forecasting, pricing strategies, and ... Read More

Entry Level Pricing
  • Starts from $1995 , yearly
  • Starts from $3500 , monthly
Free Trial Availability
  • No free trial
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Software Demo

Demo

Features

Total Features

6 Features

9 Features

Unique Features
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      Pricing

      Pricing Option
          Starting From
          • $1995 , yearly
          • $3500 , monthly
          Pricing Plans
          • Not Available
          • ECOMMERCE T1

            $3500

            /month

            • T1 includes challenges such as: varying lead times

            • MOQs

            • product level forecasts

            Show more +

          • ECOMMERCE T2

            $5000

            /month

            • T2 includes all of the above

            • as well as more complex challenges such as: multi-site optimization

            • complex demand patterns

            Show more +

          • INDUSTRY

            $15000

            /month

          • Browse all pricing plans

          Other Details

          Organization Types supported
              Platforms Supported
                  Modes of support
                  • 24/7 (Live rep)
                  • Business Hours
                  • Online
                  • 24/7 (Live rep)
                  • Business Hours
                  • Online
                  API Support
                  • Not Available
                  • Not Available
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                  User Reviews

                  Expert's Review generated by AI

                  Forecast Pro is a robust demand forecasting solution trusted by over 12,000 organizations worldwide. As a reviewer, I find its combination of AI, machine learning, and statistical modeling ...Read more

                  Lokad delivers a powerful AI-driven solution that redefines how modern enterprises manage their supply chains. I was particularly impressed with its probabilistic forecasting, which goes beyond ...Read more

                  Pros and Cons
                  • Easily integrates with broader planning systems and offers SDK for developers.

                  • Manages complex data structures and multiple units of measure.

                  • Tracks performance and highlights variances for better decision-making.

                  • Easy-to-use interface with fast deployment—operational within hours or days.

                  • Limited built-in dashboards and simulation features compared to enterprise planning suites.

                  • Lacks real-time data processing for agile demand sensing.

                  • Lokad’s use of probabilistic forecasting provides a deeper understanding of demand variability, leading to more precise inventory planning and fewer stockouts or overstock situations.

                  • By robotizing routine supply chain tasks, Lokad drastically reduces manual intervention, improving speed, consistency, and resource allocation across the supply chain.

                  • Lokad enables real-time pricing strategies that allow businesses to stay competitive while protecting margins—ideal for markets with frequent pricing shifts.

                  • Businesses can manage more products with lower inventory levels, leading to reduced holding costs and improved service levels across customer segments.

                  • Lokad’s proprietary Envision scripting language can be challenging for teams without strong technical backgrounds, requiring initial investment in training and support.

                  • Unlike some supply chain platforms, Lokad does not focus on user-friendly drag-and-drop interfaces or standard dashboards, which may hinder non-technical users.

                  Customers

                  Customers
                  Honeywell

                  Honeywell

                  Cardinal Health

                  Cardinal Health

                  Brooks

                  Brooks

                  AirBus

                  AirBus

                  Lacoste

                  Lacoste

                  mister Auto

                  mister Auto

                  Media and Screenshots

                  Screenshots
                  Forecast Pro - Features

                  5 Screenshots

                  Lokad - REORDER QUANTITIES

                  5 Screenshots

                  Videos
                  video-0

                  1 Videos

                  video-0

                  1 Videos

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                  Frequently Asked Questions (FAQs)

                  Stuck on something? We're here to help with all the questions and answers in one place.

                  Forecast Pro offers Free Trial, but Lokad does not.

                  Forecast Pro is designed for Large Enterprises, Medium Business and Small Business.

                  Lokad is designed for Large Enterprises, Medium Business and Small Business.

                  Pricing for Forecast Pro Starts at $1995/user/year when yearly whereas for Lokad Starts at $3500/month when monthly.

                  Some top alternatives to Forecast Pro includes and undefined.

                  Some top alternatives to Lokad includes and undefined.

                  Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].