As a useful eCommerce add-on, Lokad claims that it can provide accurate demand, capacity, price and sales forecasts based on historical data so its clients will be able to stock more efficiently. This is the kind of technology that has allowed Wal-Mart to dominate the market so much, we have all heard about or seen how Wal-Mart’s supply chain has enabled it to have less inventory on hand at any given time, signifigantly dropping the prices of the goods that it sells for not having to pay to have things only sit on the shelves.
Lokad offers what it refers to as the “one-click” forecast, where they handle all of the graphs and difficult to understand statistical analysis and bring the answers to their clients in an easy to understand manner.
Lokad.com In Their Own Words
Easy, Accurate & Cost-effective
Lokad is an online time-series forecasts provider. We believe we deliver the most cost effective solution on the forecasting market.
Why Lokad.com It Might Be A Killer
With plans starting at $20 a month it will be easy for any business to begin using this kind of technology. The costs saved by not holding onto excess inventory will easily cover the cost of paying for the service, making it an easy decision for a business owner to choose to begin the service. The Alexa Ranking illustrates that a lot of people are already visiting this site.
Some Questions About Lokad.com
How easy will it be for the companies that need to use this service to gather all of the information they need to utilize this technology? And can the service really be as accurate as they claim it can? 
