Summary
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Eliminating global waste
Poor demand forecasting leads to €1.1 trillion in wasted resources yearly due to overproduction, lost sales, and inefficiencies, especially in the fashion industry.
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.
Our ensemble model approach tailors highly customized and advanced predictions for each customer, using a library of models weighted through out-of-sample analysis.
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.
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.
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