Flieber, Syrup Tech, and SupChains Unveil VN1 Forecasting Challenge to Drive AI Innovation in Supply Chain Management

Empowering AI-Driven Supply Chain Solutions

The VN1 Forecasting Challenge represents a collaborative effort between Flieber, Syrup Tech, and SupChains to push the limits of AI in supply chain management. The goal is to uncover new and innovative solutions that can enhance supply chain efficiency, reduce waste, and drive profitability.

"Supply chain operations need to evolve to keep up with the demands of modern marketplaces," said Fabricio Miranda, CEO of Flieber. "This challenge provides a platform for data scientists and AI experts to showcase their skills and contribute to the future of supply chain management."

Participants in the VN1 Forecasting Challenge will work with historical sales, inventory, and pricing data to develop robust predictive models that can accurately forecast sales trends for various products across different clients and warehouses. The competition not only challenges participants to push forecasting models to the limit but also serves as a learning playground for those looking to expand their knowledge in AI and data science.

About the VN1 Forecasting Challenge

The VN1 Forecasting Challenge is set to begin on August 15, 2024. Participants can register for the competition and gain access to the data and resources needed to develop their predictive models. The challenge offers $20,000 in prizes, distributed among the top-performing AI scientists who demonstrate exceptional innovation and accuracy in their forecasting models.

For more information and to register for the competition, visit Datasource.ai.

About the Partners

Flieber is a multichannel inventory planning platform designed for modern commerce. Founded in 2019, Flieber serves hundreds of brands, agencies, and aggregators by offering a suite of tools that enable operations teams to make better inventory decisions in a fraction of the time. Key features include AI-based demand forecasting, multi-node inventory forecasting, a replenishment simulator, and native integrations with major sales channels and warehousing systems.

Syrup Tech specializes in AI-driven demand forecasting and inventory optimization for the apparel and footwear industry. Syrup Tech's intelligent allocation and buying workflows empower brands to run their businesses more effectively by recommending predictive inventory actions that drive profitability and efficiency. The company helps omnichannel brands like Faherty, Salomon, and Desigual reduce overstocks and held inventory while improving full-price sell-through.

SupChains was founded by Nicolas Vandeput and empowers supply chain leaders to deliver higher service levels, increase forecast accuracy, and lower inventory levels by training demand and supply planners and creating leading-edge inventory and forecasting models. SupChains is a key player in transforming supply chain practices through its content, which includes books, webinars, and articles.

The VN1 Forecasting Challenge is hosted on the Datasource.ai platform, which facilitates data science competitions for businesses of all sizes and budgets. The platform harnesses an extensive data expert community, collaborating over its intelligent AI algorithm crowdsourcing platform to drive innovation and solve complex challenges.