Process flow

Automotive suppliers enter long-term sales contracts with OEMs (Original Equipment Manufacturers). These contracts define:

• Agreed Quantities: Total parts to be supplied.
• Contract Period: The period of contract.
• Delivery Schedules: Monthly or periodic fulfilment commitments.
• Pricing Terms: Predefined pricing structure for the contract duration.

Manual tracking of contract fulfilment is inefficient due to the complexity of shipments, fluctuating demand, and inventory constraints. This solution leverages AI-driven analytics for better contract fulfilment tracking.

The solution consists of these components:

DeepAR Forecasting

• Uses the DeepAR algorithm available in the Infor AI platform.
• Generates time-series forecasts based on historical sales and delivery data.

Regression Analysis

• Predicts the fulfilment rate at the end of the contract term.
• Helps suppliers adjust their inventory and production strategies accordingly.

Forecast Accuracy Analysis

• Evaluates forecast reliability by comparing predictions with actual deliveries.
• Ensures continuous improvement of AI models.

Widgets Display

• Presents forecast results through configurable widgets.
• Enables easy monitoring of fulfilment trends and risks.

The solution processes the data through ION Data Fabric, organizes the data using Data Catalog, and utilizes Infor AI for predictive modelling. Results are then displayed via Widgets for actionable insights.