Lokad
 | |
| Private | |
| ISIN | 🆔 |
| Industry | Software, Supply chain management |
| Founded 📆 | 2008 |
| Founder 👔 | Joannes Vermorel |
| Headquarters 🏙️ | Paris, France |
Area served 🗺️ | |
Key people | Joannes Vermorel (CEO) Estelle Vermorel (CFO) Victor Nicollet (CTO) Simon Schalit (COO) |
| Products 📟 | Predictive supply chain optimization software |
| Members | |
Number of employees | 60 (December 2024) |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
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 use quantile forecasting and probabilistic forecasting in supply chain management.[citation needed] Those techniques have been applied to aviation.[3][4]
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.[citation needed] In 2010, Lokad received the Microsoft Azure Partner of the Year Award for its early adoption of cloud computing for forecasting.[5]
In 2012, Lokad introduced quantile forecasting, making it the first company to offer this method at an industrial scale.[6] 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.[7]
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.[8] 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.[9][10] In 2023, the company rebranded their offering under the artificial intelligence umbrella.[11]
See also
References
- ↑ "About Us". Lokad.
- ↑ 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)
- ↑ "Air France Industries s'appuie sur Lokad pour gérer ses stocks". Le Journal de l'Aviation. 2017. Retrieved 2025-03-15.
- ↑ "Predictive optimization for Revima's Supply Chain by Lokad". Revima. 2022. Retrieved 2025-03-15.
- ↑ "Microsoft Announces 2010 Partner of the Year Awards Finalists and Winners". Microsoft. 23 June 2010.
- ↑ "Quantiles: Inventory Optimization 2.0". Lokad. 12 March 2012.
- ↑ "Lokad : le Big Data au service de la grande distribution". Journal du Net. 2015. Retrieved 2025-03-15.
- ↑ 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. arXiv:2111.14721. doi:10.1016/j.ijforecast.2021.11.006.
- ↑ 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". Challenges. 2024. Retrieved 2025-03-15.
External links
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