Lokad

What is Lokad?

Lokad is a Paris-based supply chain optimization platform that applies probabilistic forecasting and AI to inventory and logistics decisions. The vendor says it has optimized over $20 billion worth of merchandise. Pricing is not described on its site, and demos are available.

Key features of Lokad

• Probabilistic forecasts: quantify the likelihood of future scenarios for risk-adjusted decisions.
• Profit-linked recommendations: account for costs, demand variability and service-level targets.
• Decision modules: purchasing and sourcing, allocation and dispatch, planning, pricing and promotion, and stock management.
• Automation: reorder quantities, multi-echelon allocation and lead time adjustments.
• Envision: a domain-specific language documented on the site.
• Supply Chain Scientists: staff who handle data processing, implementation and support.

How Lokad works

Lokad extracts data, models it in Envision and generates decisions such as order quantities. Supply Chain Scientists implement and maintain the setup, and models update as new data arrives.

Who uses Lokad?

The vendor lists industries including retail networks, aerospace, automotive, fashion, oil and gas and manufacturing, and customers such as Air France Industries, Trek and Celio.

Lokad pricing

Lokad does not describe pricing on its site; the route is to request a demo or contact the company.

Lokad integrations

The vendor names no specific ERP or WMS integrations and describes a data extraction pipeline.

Lokad alternatives

Tableau, Microsoft Power BI, Looker and Mode are analytics and reporting tools that visualize data, while Lokad produces optimized supply chain decisions through forecasting. They can sit alongside each other.