You can analyze the forecast for a specific product and variant in terms of either stock levels or revenue over a specified timeframe. The ForecxtIQ model will offer an optional prediction as well as predictions with higher and lower thresholds.…
Once a Shopify store is set up and all the necessary data for the ForecxtIQ model is in place, you can commence training the ForecxtIQ model. The ForecxtIQ training will be activated regularly, with the frequency determined by your pricing…
The logs from Forecxt AI Model Training can be accessed through the Setup menu option below. These logs can be filtered based on status, date, type, and store. You can view the tokens used by ForecxtIQ Copilot and those pending…
ForecxtIQ, powered by GPT-4, can support you in demand forecasting, helping you make informed decisions by analyzing various forecasting outputs and the current stock levels maintained in Shopify. The Co-Pilot bot is trained every day with forecast and Shopify data.
Leveraging ForecxtIQ AI for product classification on a Shopify platform offers tangible benefits in optimizing business operations and maximizing profitability. By utilizing factors such as lead time, product revenue, average purchase cost, and average sale cost, merchants can efficiently categorize…
