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Eliminating global waste
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Poor demand forecasting leads to €1.1 trillion in wasted resources yearly due to overproduction, lost sales, and inefficiencies, especially in the fashion industry.
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Hakio helps companies stock the right quantities at the right times, leveraging machine learning to improve forecasting accuracy and eliminate manual, non-value-adding work.
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Our ensemble model approach tailors highly customized and advanced predictions for each customer, using a library of models weighted through out-of-sample analysis.
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An enterprise customer using Hakio saw a €101m reduction in working capital and improved forecast accuracy with a significant reduction in mean absolute percentage error.
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We are targeting the fashion industry, with a huge potential market spanning the United States, Europe, and globally, focusing initially on medium to large companies in Denmark in 2024 and expanding internationally in 2025.
