Merqato is an AI-powered data platform that provides precise insights into the supply and demand dynamics of fruits and vegetables, enabling companies to optimize operational planning and improve profitability. By integrating internal and external data sources, it enhances harvest predictions and demand planning, reducing waste and ensuring timely deliveries.
Funding
$410K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Fruit and vegetable companies face challenges in accurately predicting harvests and planning for demand, leading to waste, reduced profitability, and difficulties in fulfilling customer contracts. Inefficient matching of supply and demand further exacerbates these issues, hindering operational efficiency.
Solution
Merqato offers an AI-powered data platform designed to provide precise insights into the supply and demand dynamics of fruits and vegetables. By integrating internal data with external sources like weather and agronomic data, the platform enhances harvest predictions and demand planning accuracy. This enables companies to optimize operational and commercial planning, reduce waste, improve profitability, and ensure timely deliveries. Merqato's platform facilitates better sourcing decisions and AI-powered matching of supply and demand, providing a unified view for production, operations, and sales teams.
Target Audience
The primary target audience includes fruit and vegetable companies, specifically their production, operational, and sales teams, seeking to optimize their supply chain and improve profitability.
Features
- AI-powered harvest predictions combining internal and external data sources
- Granular insights on customer orders and sales patterns for optimized demand planning
- Sourcing management tools to stay informed of volume dynamics in different markets
- AI-powered matching of supply and demand to increase availability and drive profit
- Forecasting platform extending the forecasting horizon to 4-6 weeks
- Predictive analytics to anticipate future supply and demand and understand market trends
- Real-time data and flexible collaboration across teams