Manufacturing Case study

Using AI for Demand Forecasting and Inventory Management

The Problem

One of North America’s leading provider of HVAC solutions wanted to optimize inventory planning and predict sales for 250+ geographically dispersed locations. A vast product portfolio of over 1100 SKUs. Stock-outs resulted in high warehousing and holding costs. Need for demand forecasting and inventory management for distribution centers.

The solution

A custom forecasting solution was developed using machine learning and deep learning algorithms. They were ensembled to obtain higher accuracy against the traditional time-series forecasting algorithms.A dashboard was created to view the forecasting outcomes at different granularities.

Outcome

Forecasting accuracy improved to 90%. Up to 10% reduction in stock-out incidents. Substantial revenue benefit. Scaled up to prediction of sales for 1100+ SKUs across 250+ locations

Media Case study

One of India’s largest publicly listed media conglomerate

The Problem

One of India’s leading media conglomerates, owning some of the country’s largest digital publishing platforms for news, lifestyle, and entertainment content, wanted to improve their audience engagement across multiple online platforms. A positive audience experience, in terms of people being able to discover and consume relevant content, was an important driver of audience engagement, leading to increased average advertising revenue per visitor. The client’s digital publishing platforms hosted a variety of content including news, editorials, critics’ reviews, picture and video galleries.

The solution

A content recommendation system was developed for five digital properties, to offer personalized content suggestions to website/app/platform users. The recommender system algorithm was trained using a combination of unsupervised machine learning and reinforcement learning. It provided content suggestions upon processing live, click-stream data.

Outcome

Key audience engagement metrics such as the click-through rate (CTR), page views and bounce rate showed improvement for all the platforms where the recommender system was adopted. The observed improvement in CTR ranged from 6 to 8%.

Healthcare Case study

Findability guarantees a data centric business impact for Straumann by digitizing its assets.

The Problem

Straumann was looking at building the implant market leadership and wanted to harness data with AI to revolutionize patient care, but was struggling with unstructured data overload. Building a data architecture powered by AI would create a prediction engine for optimal business outcomes.

The solution

Findability built a framework to harness volumes of data gathered over the years to measure performance through KPIs as fill rate, engagement quality and Net promoter score. The power of AI was then leveraged by Straumann to expedite its digital transformation journey.

Outcome

The information architecture built by Findability helped Straumann drive operational decisions to become the most innovative customer-centric oral care business. Backed by AI-driven insights, the group is now making strong inroads in digitizing treatment workflows creating a frictionless experience for patients.

BFSI Case study

Disrupting Debt Collection with the Power of AI

The Problem

A global accounts receivable management company wanted to optimize the collection of overdue credit card balance for a Fortune 500 retail firm. Headquartered in US, the retail corporation is among the top 10 in the country, and issues their own branded credit cards to the members of its loyalty program. Consumers purchasing through these store-credit cards are rewarded with upfront discounts, extended exchange period, free shipping, and so on. Each year, an estimated 25,000 consumers accrue a cumulative debt ranging between USD 40 to 45 million, in overdue payments.

The solution

A tele-calling contact strategy was formulated based on a combination of ‘ageing’ of debt and payment propensity score to improvethe yield of collections. Each overview debtor in the portfolio was assigned on AI-based ” propensity to pay” score using Findability.AI a proprietary suite of machine learning, NLP and computer vision technologies from findability sciences.

Outcome

The adoption of AI-driven debtor-contact strategy has resulted in 20 – 30%.Uplift in Collections YOY, over a period of 2.5 years. Average increase in collections in debt-age buckets 3, 4 and while keeping the calling capacity constant. 40%+ Financial Return On Investment in the year 2021.

WE WORK
WITH

Enterprise AI Offerings

Unlock the full potential of your business with our cutting-edge Enterprise AI solutions, enabling you to make smarter decisions, streamline processes, optimize costs and drive growth like never before.

  • 1. AI Products

  • 2. AI Solutions

  • 3. AI Services

Machine Learning

Natural Language Processing

Computer Vision

Machine Learning

Build systems that imitate complex human learning processes and continuously improve in performance. Our proprietary algorithms, frameworks, tools, and techniques help customers realize the full potential of enterprise data.

Natural Language Processing

80% of the enterprise data exists in native, unstructured formats. With NLP (Natural language Processing) solutions from Findability Sciences, enterprises can convert their troves of unstructured data into valuable business insights.

Computer Vision

Extract relevant insights from visual data (images & videos) with AI solutions developed using the latest neural networks technology.

 

  • 2. AI Solutions

Demand Forecast

Price Prediction

Employee Behavior Forecasting

Risk Prediction

Propensity Prediction

Recommendations

Chatbot

Summary

Churn Management

Demand Forecast

We offer precise predictions for product demand, quantities, and revenues through our multi-algorithmic, time-series forecasting solutions. Using the Wide Data framework, we analyze various demand signals to achieve more than 90% average accuracy.

Price Prediction

Using machine learning technology, Findability Sciences recommends optimal price points based on historical revenue, quantity, win rates, and forecasted demand to maximize transaction win rates and revenue while maintaining profit margins.

Employee Behavior Forecasting

Improve human capital management and mentorship programs by analyzing workplace and cognitive factors affecting employee performance. Identify high-risk employees for turnover and implement retention measures with Findability Sciences’ unstructured data analysis of personality traits from emails, social media, and feedback forms.

Risk Prediction

Our multi-model prediction technology, powered by AI, is exceptionally efficient in assessing risk across various industries. It can forecast default probability for debtors, detect fraudulent insurance claims, and predict machinery failure likelihood, among other applications, providing excellent risk prediction results.

Propensity Prediction

Using AI-powered propensity prediction technology from Findability Sciences, occurrences such as lead conversion, customer churn, default, or fraud can be ranked and ordered accurately with the help of multi-modeling technology that considers multiple trends within the training datasets.

Recommendations

Utilize Findability Sciences’ AI-driven recommender systems to boost upsell, cross-sell, and customer engagement. Deliver personalized experiences through relevant suggestions based on customer data such as past purchases and browsing history, giving tailored recommendations that increase the chances of conversion and outshine competitors.

Chatbot

Integrate interactive lead-generation touchpoints and 24/7 customer support with intelligent virtual agents that use advanced NLP and NLU. Our chatbots automate up to 30% of queries, handle FAQs, and provide multilingual support for improved end-customer experiences.

Summary

Our AI-powered technology quickly extracts key takeaways from research articles, reports, news, and book chapters by analyzing sentence relevance scores and parsing specific elements like headers and tables. Our summaries are always accurate, consistent, and of high quality, and can be integrated with enterprise software and firmware for productivity enhancement solutions.

Churn Management

We use our multi-modeling propensity prediction technology to develop targeted customer retention strategies by predicting individual risk of churn. Our data-driven churn prediction provides insights to re-engage customers with exact targeting, perfect timing, and redefined messaging based on multiple factors.

  • 3. AI Services

Data Logistics

Data Migration & Modernization

SAP

Governance, Risk & Compliance

Data Logistics

Customizable services to ensure that the client’s data is well organized, secure, and seamlessly retrievable by key business and analytics applications.

Data Migration & Modernization

A strategic initiative that brings to enterprise clients, the latest innovations in data architecture and database technologies.

SAP

We drive comprehensive assessment and execution of SAPS/4 HANA transformation, to digitally empower the application landscape for progressive enterprises.

Governance, Risk & Compliance

We help organizations align business objectives in sync with regulatory compliance challenges, through our pathbreaking AI led solutions built on IBM Open pages.

0+

Global Marquee
Clients

0%+

Forecast Accuracy

0M

Predictions a Year

Awards

Recognized as one of America’s Most Innovative Companies by Fortune Magazine

Chosen as the year’s Microenterprise Business

Ranked 170th among America's fastest-growing firms by Financial Times

Ranked No. 1157 on the 2020 Inc. 5000

See All

Industry Use Cases

Manufacturing

Findability's data-centric AI has an impact on the traditional enterprises' value chain. We collect and analyze data from various internal and external sources to help industrial organizations improve their supply chains, resource allocation, and inventory management processes. Our AI-driven insights assist manufacturers in addressing their operational challenges so they can efficiently estimate volume and value for inventory planning and sales forecasting.

Retail

Findability's AI-driven insights provide an invaluable tool for retail companies looking to optimize their customer experience and maximizing sales. With AI-driven solutions, Findability Sciences offers a comprehensive suite of customized solutions that help businesses gain greater insights into their customers’ needs and preferences, helping them to tailor their services more accurately. Our unified data offers a transformative edge to retailers enabling them to optimize their marketing campaigns, increase conversions, and maximize ROI

BFSI

Findability Sciences helps financial organizations in making data-driven decisions which can accelerate growth and profitability. Our solutions help financial institutions manage risk exposure and enhance customer engagement through predictive analytics, customer segmentation, and automated marketing campaigns. Our real-time data insights empower businesses in swift decision-making, in time-sensitive circumstances. With Findability Sciences' AI driven solutions, businesses can quickly identify potential areas of risk, develop strategies to mitigate them, and improve the overall customer experience.

Health Care

Findability Sciences AI-driven tools have revolutionized the healthcare and pharmaceutical industry. Our AI tools have been instrumental in improving patient care, enhancing drug discovery processes, and optimizing supply chain management. Incorporating Findability Sciences’ AI capabilities helps healthcare providers to analyze vast amounts of patient data, leading to more accurate diagnoses and personalized treatment plans.

What Our Customers Say

I had an opportunity to work with the team at Findability Sciences. They have a great understanding of how to bridge the technical necessities and challenges of ML and the business thirst for predictive analytics.

Michael Brooker

Senior VP and CIO at Synaptics

Findability Sciences helped increase the CTR of our e-mail campaign from 15% to 40%.

Sergio Gutiérrez Bonnet

President, Informese

We thank Findability Sciences team for always putting their best efforts and contributing to work! This team is capable of anything, mark my words!

Ajit Joshi

IAS Secretary Higher & Technical Education, Haryana Government

In 2023, as AI becomes a NEED to have versus a NICE to have…..”. The time is now to adopt an AI strategy with a trusted solution and partner like Findability Sciences or risk the business consequences. Your call.

Richard J Orlando

Member Advisory Board at LeveragePoint Innovations Inc.

Findability Sciences is a world class Big Data /AI organization. They are a leader in the industry and their services far exceeded my expectations. Their commitment to their customers/business partners is second to none. I look forward to working with them in perpetuity and I would highly recommend any other organizations to do the same.

Art Norins

Chairman and CEO, Nor1

Talk to Findability’s Experts

SANJAY DESHMUKH

HEAD – GLOBAL PRESALES, COLLECTIONS EXPERT

Sanjay literally lives the term ‘Applying the power of AI’ when it comes to solving complex and consequential business challenges, which also forms a cornerstone of his digital transformation advocacy mantra, #FindabilitySolves!
As a highly experienced Fintech executive, Sanjay uses the predictive and prescriptive power of Findability.ai solutions to deliver significant financial RoIe to global businesses.

Set up a Call with Sanjay

Findability Sciences A Leading Enterprise AI, Machine Learning & Big Data Company

Findability Sciences is a leading enterprise AI startup that uses cutting-edge tools like computer vision, machine learning, and natural language processing to speed up the Data-to-AI process for companies all over the world. Their multi-award-winning platform, Findability.ai, enables businesses to develop their intellectual property (IP) and data science capabilities and carry out strategic initiatives to produce tangible financial returns on investment. Findability Sciences provides all-inclusive solutions, including services for digital transformation, data analytics, big data analytics, machine learning, MLOps, and AI software. To ensure that clients become AI-driven businesses prepared to compete in the digital age, their team of professionals develops customised solutions to match clients’ unique needs. Findability Sciences is dedicated to assisting organisations in realising the full value of data as a leading big data AI firm.

FAQs

What does Findability Sciences do?

Findability Sciences is an enterprise AI company that offers businesses innovative solutions to leverage the power of data and become data superpowers. We offer a proprietary platform called Findability.ai that uses machine learning, computer vision, and natural language processing to help businesses accelerate their Data-to-AI journey and achieve real financial returns on investment. Additionally, we provide comprehensive AI solutions such as AI development, machine learning, MLOps, digital transformation services, AI software services, data analytics services, and big data analytics services.

How can Enterprise AI benefit your business?

An Enterprise AI company can help businesses in various ways, including harnessing the power of data, accelerating the Data-to-AI journey, and becoming an AI-driven organization. They provide comprehensive solutions, including AI development, machine learning, MLOps, digital transformation services, AI software services, data analytics services, and big data analytics services.

How does AI help businesses with more accurate and informed decisions?

AI can analyze large amounts of data, identify patterns and trends, and make predictions about future outcomes to help businesses make more accurate and informed decisions. It can also automate tasks and processes, saving time and reducing the risk of errors.

How are AI solutions customized to meet the needs of each business?

AI solutions are customized to meet the needs of each business through a process of collaboration between the enterprise AI company and the client. The company will work closely with the client to understand their specific needs, goals, and challenges, and develop an AI solution that is tailored to meet those requirements. This may involve selecting the appropriate AI technology, developing custom algorithms, and integrating the solution into the client’s existing systems and workflows.






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