Quiver provides a SaaS platform that automates demand forecasting and inventory optimization for retail and manufacturing businesses. Its advanced forecasting models and automated order suggestions help balance inventory levels, reduce stockouts, and minimize excess stock.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses rely on manual processes and intuition for inventory planning, leading to stockouts, excess inventory, and inefficient use of capital. This approach results in lost sales, increased carrying costs, and significant time spent on error-prone manual tasks.
Solution
Quiver offers a Software-as-a-Service (SaaS) platform designed to automate demand planning and inventory optimization. The system leverages advanced forecasting models to improve accuracy and provides automated order suggestions to balance inventory levels. By replacing manual spreadsheets with an intuitive platform, Quiver streamlines planning processes, reduces operational costs, and enhances supply chain decision-making. This allows businesses to focus on strategic initiatives rather than routine planning tasks.
Target Audience
The platform targets businesses, particularly those in retail and manufacturing, that seek to professionalize and automate their inventory planning and demand forecasting processes.
Features
- Automated demand forecasting utilizing advanced statistical and machine learning models.
- Inventory optimization engine for calculating reorder points and safety stock levels.
- Automated order suggestion generation to replenish inventory efficiently.
- Integration capabilities with existing ERP systems to streamline data flow.
- Collaborative planning features to establish a single source of truth across departments.
- Customizable rules and planning requirements for specific product lines.
- Performance dashboards for tracking key inventory metrics and forecast accuracy.