Company:Lokad
 | |
| Type | Private |
|---|---|
| Industry | Software, Supply chain management |
| Founded | 2008 |
| Founder | Joannes Vermorel |
| Headquarters | Paris, France |
Key people | Joannes Vermorel (CEO) Estelle Vermorel (CFO) Victor Nicollet (CTO) Simon Schalit (COO) |
| Products | Predictive supply chain optimization software |
Number of employees | 60 (December 2024) |
| Website | www |
Lokad is a French software company specializing in supply chain optimization. Founded in 2008, the company provides cloud-based analytics solutions using machine learning, probabilistic forecasting, and differentiable programming to enhance supply chain decision-making.[1][2] Lokad is known for being the first to the use of quantile forecasting and probabilistic forecasting in supply chain management.[3] Those techniques have been applied to aviation.[4][5]
History
Lokad was founded in 2008 by Joannes Vermorel, a graduate of the École normale supérieure (Paris), with a focus on improving demand forecasting and inventory optimization through software-based solutions.[6] In 2010, Lokad received the Microsoft Azure Partner of the Year Award for its early adoption of cloud computing for forecasting.[7]
In 2012, Lokad introduced quantile forecasting, making it the first company to offer this method at an industrial scale.[8] This innovation aimed to address the limitations of traditional mean-based forecasts by adjusting predictions according to service level requirements and cost structures. Expanding on big data capabilities.[9]
By 2019, Lokad became the first company to apply differentiable programming to supply chain optimization, allowing for end-to-end optimization of supply chain decisions using gradient-based learning techniques.[10] In 2020, Lokad was ranked 6th at the M5 Forecasting Competition, with the company's methods ranking first at the SKU level for forecasting accuracy.[11][12] In 2023, the company rebranded their offering under the artificial intelligence umbrella.[13]
See also
References
- ↑ "About Us". https://www.lokad.com/about-us/.
- ↑ Deletoille, Gaetan (2022). Gestion de stock sous contrainte de quantité minimale de commande multi-références. Recherche opérationnelle [math.OC] (PhD thesis) (in French). Normandie Université. NNT : 2022NORMR029.CS1 maint: unrecognized language (link)
- ↑ "Lokad : l'intelligence artificielle au service de la supply chain". 2021. https://www.bfmtv.com/economie/replay-emissions/l-hebdo-des-pme/estelle-vermorel-lokad-lokad-un-editeur-logiciel-specialise-dans-l-optimisation-de-la-supply-chain-27-11_VN-202111270324.html.
- ↑ "Air France Industries s'appuie sur Lokad pour gérer ses stocks". 2017. https://www.journal-aviation.com/actualites-mro-support/air-france-industries-sappuie-sur-lokad-pour-gerer-ses-stocks-20171026.html.
- ↑ "Predictive optimization for Revima's Supply Chain by Lokad". 2022. https://www.revima.com/predictive-optimization-for-revimas-supply-chain-by-lokad/.
- ↑ "Microsoft Announces 2010 Partner of the Year Awards Finalists and Winners". 23 June 2010. https://news.microsoft.com/2010/06/23/microsoft-announces-2010-partner-of-the-year-awards-finalists-and-winners/.
- ↑ Durut, Matthieu (2012). Algorithmes de classification répartis sur le cloud. Apprentissage [cs.LG] (PhD thesis) (in French). Telecom ParisTech. tel-00744768v1.CS1 maint: unrecognized language (link)
- ↑ "Quantiles: Inventory Optimization 2.0". 12 March 2012. https://www.lokad.com/blog/2012/3/12/quantiles-inventory-optimization-20/.
- ↑ "Lokad : le Big Data au service de la grande distribution". 2015. https://www.journaldunet.com/solutions/cloud-computing/1160846-acteurs-francais-big-data/1160940-lokad.
- ↑ Peseux, Paul (2023). Programmation différentiable à grande échelle pour les données relationnelles (PhD thesis) (in French). Normandie Université. NNT:2023NORMR040.CS1 maint: unrecognized language (link)
- ↑ de Rezende, Rafael; Egert, Katharina; Marin, Ignacio; Thompson, Guilherme (2022). "A white-boxed ISSM approach to estimate uncertainty distributions of Walmart sales". International Journal of Forecasting 38 (4): 1460–1467. doi:10.1016/j.ijforecast.2021.11.006. https://www.sciencedirect.com/science/article/pii/S0169207021001801.
- ↑ Makridakis, Spyros; Spiliotis, Evangelos; Assimakopoulos, Vassilios; Chen, Zhi; Gaba, Anil; Tsetlin, Ilia; Winkler, Robert L. (2022). "The M5 uncertainty competition: Results, findings and conclusions". International Journal of Forecasting 38 (4): 1365–1385. doi:10.1016/j.ijforecast.2021.10.009.
- ↑ "Lokad : l'intelligence artificielle au service de la supply chain". 2024. https://www.challenges.fr/partenaires/letalkentreprise/lokad-l-intelligence-artificielle-au-service-de-la-supply-chain_895600.
External links
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