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Forecast Management

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“With Demand Solutions, we have been able to get our planning in place and implement national forecasting for the first time. Our forecasting has improved 12 percent and we are seeing steady improvement in case fill rates over the last five months since implementation,”

Chris Provost,
Logistics Director
Arla Foods

 

ADDITIONAL FEATURES:

Graphs help you spot trends, pinpoint exceptions and examine the forecast against the all-important perspective of history.

The Service Level Optimizer is a unique and very innovative tool that helps you objectively calculate and evaluate the impact of different Safety Stock strategies and enables inventory optimization.

A Notepad enables forecasters to document and communicate assumptions and decisions in time-and-date-stamped notes.

Budgets and Latest Estimates allow you to develop, manage and track your progress.

Dozens of Filters and limitless User-Defined Ranges to help you manage by exception.

Incorporate Customer and sales force generated forecasts.

Forecast Management done right leads to Supply Chain Success. Just ask our 2,000+ Customers.

Spreadsheet programs are well equipped to handle simple tasks, the user interface is easy and they meet most basic needs. However, most companies that rely on spreadsheet programs for their supply chain management needs are unaware that there are better alternatives- affordable inventory planning solutions that provide strategic value, improve visibility to the supply chain management process and propel company growth. Demand Solutions Forecast Management opens up a whole new world for supply chain management - better demand planning, improved inventory planning and, ultimately, increased efficiency and profits. Our 2,000 plus customers in more than 70 countries now rely on us for forecast management solutions based on logical, understandable and highly effective formulas.

With improved inventory planning, you achieve that balance between inventory investment and optimal customer service levels- leading to efficient supply chain management and enhanced profitability.

Supply chain management at any level of detail

Unlike some forecast and demand planning systems that require your IT department to hard-code your product family structures or pyramid relationships, Forecast Management groupings are user-defined, enabling you to combine groups of items into a consolidated view that best supports your needs and leads to not only improved inventory planning but better business decision making. From day one, users can define and create their own product families, reflecting the dynamic ways your sales, marketing, production planning, purchasing, finance and other managers view your business. If you can quantify what you need to know, you can find the answer in Demand Solutions. Including:

  • What are my total sales by brand? In dollars? In Euros? In any currency?
  • What’s the current fiscal year projection for each business unit and the entire company?
  • Which segment of our business projects the best growth this year?
  • Which items have the highest and fewest inventory turns?
  • Who are my most profitable customers?

Improved Inventory Planning:

  • 360 degree insight for faster, better decision-making

    When it comes to forecast management and inventory planning, many managers take the 80/20 principle for granted. Our ABC Analysis will rank any segment of your business (items, customers, product families, etc.) to identify the profitable opportunities and to weed out the underperformers. Your decision making abilities are quickly improved if our demand forecasting system shows that 90% of revenue comes from 10% of your customers or that the bottom 40% of your items account for just 1% of your Gross Margins.

  • Objectively manage new product introductions for optimized inventory planning

    While it’s undeniably difficult to accurately forecast new or repositioned products, it’s equally hard to be objective about their prospects. Forecast Management’s Curves enable you to forecast new products by cloning the demand pattern from similar products, and then updating forecasts by applying initial sales. The Supersession feature improves inventory planning by closely managing product phase-outs and phase-ins.

  • Fine tune your planning process

    Knowing many managers will have insight and that will influence outcome, Demand Solutions will accept multiple inputs—including customer forecasts, management overrides, anecdotal notes about future developments, promotional curves and much more- that will help ensure accurate, quality forecasts.

  • Flexible data exchange - use with any ERP system

    Our clients use Demand Solutions as the demand forecasting front end to virtually every ERP package. We make it simple to interface with your existing systems and to move your data into and out of our software. Demand Solutions point-and-click User-Definable Import/Export utility enables you to quickly and simply define the data that you are importing or exporting. Also, the Demand Solutions Batch Builder is a very intuitive tool for scripting your repetitive procedures.

  • Dashboards for better response

    All the forecasting data you need for smart business decisions is within Demand Solutions Forecast Management. With Dashboards, you can easily view summary data to drive inventory optimization and profits. Customizable by job function, Dashboards allow planners to see the views they need to enable quick decisions and respond to management’s ever-changing desire to see forecasting information in multiple formats.


See how Demand Solutions demand forecasting has led to supply chain management success for thousands of companies by visiting our customer videos page.


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