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| SmartFORECAST |
| Your company’s ability to accurately forecast demand for products and services is essential to creating optimal resource deployment plans. Higher forecast inaccuracies lead to higher surplus or shortfalls in inventories, staffing, or other costly resources. SmartFORECAST helps overcome the challenges of forecasting by providing the statistical foundation and business process needed for an effective demand planning function.. |
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| Key Benefits: |
- Provides improved demand forecasts for products and services
- Helps reduce inventories, over / under staffing, customer service levels
- Enables collaboration between marketing, sales teams, and customers
- Helps establish consistent demand planning process, track forecast accuracy
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Key Features: |
- Generates demand forecasts based on statistical methods
- Allows unit managers, sales teams, and sales managers to provide their input
- Provides capability to incorporate existing orders and customer contracts
- Maintains a record of previous forecasts and corresponding actual demand
- Allows users to create "what-if" scenarios, select from multiple algorithms
- Integrates with planning and scheduling systems for resource deployment decisions
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