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Compare HIMPACT vs Lokad

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Overview

Description

HIMPACT by Herlitz Inventory Management is a next-generation demand forecasting and inventory replenishment solution designed for today’s rapidly evolving wholesale and retail environments. ... 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
  • Not Available
  • Starts from $3500 , monthly
Free Trial Availability
  • No free trial
  • No free trial
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Software Demo

Demo

HIMPACT has not given any software demo yet

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Features

Total Features

4 Features

9 Features

Unique Features
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      Pricing

      Pricing Option
          Starting From
          • Not Available
          • $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

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          • 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

                  Herlitz Inventory Management’s HIMPACT has transformed the way I approach demand forecasting and replenishment. Its forward-looking, analytics-driven design has replaced outdated forecasting ...Read more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
                  • HIMPACT’s use of daily analytics and proprietary algorithms significantly enhances forecast accuracy by continuously adapting to real-time demand signals.

                  • The system smartly separates regular, promotional, and lost sales demand, providing a granular understanding of customer behavior and helping buyers make more informed decisions.

                  • With automated updates and exception alerts, HIMPACT reduces manual workload and allows planners to focus on strategic decision-making rather than routine tasks.

                  • The inclusion of Service and Lost Sales Analysis gives users a deeper understanding of customer demand changes and the root causes of missed sales, refining future forecasts.

                  • Due to the advanced analytics and automated functionalities, initial setup and onboarding may be challenging for businesses without prior experience in sophisticated forecasting tools.

                  • The effectiveness of HIMPACT relies heavily on the availability of clean, detailed sales order data—poor data quality could hinder performance.

                  • 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

                  No Customers information available.

                  AirBus

                  AirBus

                  Lacoste

                  Lacoste

                  mister Auto

                  mister Auto

                  Media and Screenshots

                  Screenshots
                  HIMPACT

                  3 Screenshots

                  Lokad - REORDER QUANTITIES

                  5 Screenshots

                  Videos

                  No videos available.

                  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.

                  Neither HIMPACT nor Lokad offers a free trial.

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

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

                  The starting price of Lokad begins at $3500/month when monthly, while pricing details for HIMPACT are unavailable.

                  Some top alternatives to HIMPACT 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].