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Demand Planning & Forecasting
Regardless of whether you are predicting demand, the optimal price or product mix, which customers are likely to deflect and when, or the outcome of a
promotional strategy, our Demand Planning & Forecasting applications can drive significant improvements in your operation.
Based on multiple prediction algorithms and techniques, our Demand Planning & Forecasting applications can be applied to variety of activities, including:
- Demand forecasting (fast, slow, trending, steady, seasonal, etc.)
- Replenishment of raw materials and finished goods
- Promotions and incentives (category, group or item/location level)
- Pricing and discounting
- Cross selling and up selling
- Churn management
Features and benefits of our Demand Planning & Forecasting applications include:
- More accurate demand forecasts across all product types
- Reduced backorders and lost sales
- Reduced inventory carrying costs and improved sell-through
- Optimised product mix
- Improved financial predictability
- Increased overall margins
- Earlier identification of marketplace trends and shifts in demand
- Improved utilisation of your promotional dollars
- Conducting financial what-if analysis and scenario comparison
- Evaluating the impact of your business rules, processes, and constraints
- Seamless connection with your existing databases, MRP/ERP systems, and other enterprise software
To see how SolveIT Software can optimise your operation, please contact us.
“We believe that the deployment of SolveIT Software’s Demand Planning and Replenishment
Optimiser will benefit both our customers and suppliers, as well as introduce best practices into our company.
We were impressed with SolveIT Software’s ability to provide an exact-fit system for our business needs based on
a standard software package, and look forward to going live with the system.”
Ms Kerry Smith
Chief Executive Officer
PFD Food Services
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