Optimize Inventory & Planning Service with Precise Demand Forecasting

Analyze demand patterns across different product hierarchies, customer segments, channels, or geographies to compose forecasting strategies. 

Connect to internal systems and external data feeds to automatically capture sales history, inventory levels, marketing activities, and market indicators influencing demand.

Automatically apply appropriate statistical forecasting algorithms (time series, regression, causal) to generate baseline forecasts based on historical data and identified patterns.

Facilitate cross-functional review and adjustment of the baseline forecast through structured workflows (S&OP/IBP meetings) to incorporate market intelligence, promotions, and expert judgment. 

Model the impact of different assumptions (e.g., competitor actions, marketing spend, new product launches) on the demand plan and manage the process for finalizing and approving the consensus forecast.

Publish the approved demand plan and automatically share it with downstream functions like supply planning, inventory management, production scheduling, and finance to align execution. Key processes include – Demand Plan Review, Inventory Projection, Supply Plan Generation & Alignment, Financial Impact Analysis. 

Provide tools and workflows to enhance communication and collaboration between Sales, Marketing, Finance, Supply Chain, and other stakeholders involved in the planning process. 

Continuously monitor, measure, and evaluate forecast accuracy and bias against defined KPIs at various levels of aggregation. 

Link demand forecasts to inventory policies and safety stock calculations to minimize stockouts and excess inventory, mitigating associated risks. 

Provide dashboards and reports to visualize key performance indicators, track forecast changes, identify root causes of errors, and support data-driven decision-making and continuous improvement.