ForecastSmart is an AI-powered demand forecasting solution that generates accurate forecasts using machine learning for all SKUs at any hierarchy level. It can handle seasonal assortments, inventory changes, and new product launches. It has a visual component that helps planners understand the impact of different variables on demand and adjust them based on real-time exceptions. Key features include one source of forecasts, ability to roll up and break down plans, validation and adjustment of forecasts, management by exception, easy integration with legacy processes, and works well in volatile and low-volume circumstances.