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FORECASTING
Self-Optimising forecasting tools include modern self-adapting algorithms, meaning forecast model selection and parameter settings are dynamic, and “learn” with each application. This enables an increase in forecast accuracy based on historical despatches.
A comprehensive database of models enable even items previously regarded as difficult to forecast to be planned, as well as different approaches for slow-moving (ideal for spare parts), and new or promotional items to be applied.
Optimum Demand plans are achieved through connecting all interested parties in producing a final collaborative plan, such as Sales / Marketing, Retail, Operations, Manufacturing, Logistics and Purchasing. Access to all functions via an internet connect is also possible for remote users.
Easy Collaboration is achieved through flexible and easy to use views of the relevant information in a uniform planning environment. Simultaneous support in several languages also provides for truly synchronised centralised and local planning in an international environment.
Complex structures for multiple dimensions (Product/Customer…) are handled easily, providing a simple way of managing complexity.
MANAGEMENT INFORMATION
High Transparency within the system means planning data is always current, and relevant information is always to hand to support optimised decisions in response to fluctuating market conditions and changing customer needs.
The standard controlling module provides powerful management information functionality, supporting complete analysis and reporting for Demand plans:
- Summary variance analysis with drill-down to relevant source data
- Target versus Actual comparisons
- ABC analysis
- What-if analysis and online simulations
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