SmartForecasts - Smart Software

SMARTFORECASTS

Accurate Demand Forecasts

Capture Trend and Seasonality
Predict Range of Future Demand
Flag Exceptions
Cleanse Historical Data

Operational Consensus

Collaborate with key stakeholders
Review at any level of hierarchy
Apply overrides and achieve consensus

Consistent Repeatable Process

Common System
No Spreadsheets
Embed and Reuse Forecast Rules
Monitor accuracy and fine tune

What is my short and long term demand most likely to be?
Which areas of the business and products are trending?
What is the forecast at different levels of my hierarchy (customer, item, family)?
What is the likely range of future demand?
Which forecasts need to be reviewed (exception reporting)?
What is our forecast error (accuracy) for each item, group, overall?
Are forecast overrides adding value to the process?

Accurately forecast demand for thousands of items in any unit of measure
Capture trends, seasonal, and cyclical patterns at any level
Outlier detection and correction to enhance the quality of historical data
Identifies “causal” factors such as price and economic data and models their impact on demand
Patented Intermittent Demand Planning via APICS award winning “Bootstrapping” technology

Create forecasts at any level of the hierarchy – customer, item, product groups, regions,
Share forecasts with internal and external stakeholders such as sales and suppliers
Apply, document, and track forecast overrides
Quantify the impact that promotions will have on future demand
Apply user defined forecasting methods and rules
Measure forecast error by item and overall
Identify exceptions based on statistical and user defined rules
Manage item replacements with supersession logic
Bill of Material Planning to determine component demand based on the finished good forecast