Flashcrash vs Lokad

Flashcrash has no write-up on Specifiction yet; its figures are above.

Lokad is a supply chain decision platform that uses predictive analytics and optimization to guide purchasing, allocation, pricing and prioritization. Its probabilistic forecasts represent possible future scenarios, and it links recommendations to financial impact and business objectives. Lokad automates routine calculations such as reorder quantities, multi-echelon allocations, lead-time adjustments and repair schedules. Users can build decision-generating applications in Envision, Lokad’s supply-chain-focused programming language. The recommended data exchange is file transfer by FTPS or SFTP, with options to push or pull files; native integrations with third-party apps are being phased out. Lokad serves industries including retail, aerospace, automotive, fashion, oil and gas, and manufacturing. The platform runs on the web, and a managed subscription typically includes end-to-end support from one or more Supply Chain Scientists. Pricing is on request. A free trial can be requested by email, and the reduced Envision Playground is available without registration. Lokad was founded in Paris in 2008.