Automated Forecasts
Accurate Supply & Demand Forecast to achieve Service Level Goals.
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Supply and Demand Forecasts at micro-level (individual SKUs at individual locations) and macro-level (balance sheet view) or user-defined in-between level.
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Forecasts are driven by latest transactional data, automated, continuously updated and adjusted.
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ICS auto-selects the best-fit forecasting algorithm by choosing from 8 options through the application of a multi-algorithm tournament method.
Create a foreseeable future for logistics, operations, service, sales, and finance.
Create cross-functional visibility of working capital performance and future plans
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By default ICS forecasts expected sales, purchases, inventory positions at all locations and resulting cash commitments 24 months into the future.
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Forecasts can easily be enriched with market knowledge or other human input.
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Facilitates forecasting of new product introductions, newly established or suspended network locations.
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Stocking towards forecast as opposed to stocking to history increases reactiveness of inventory investments to changing market conditions drastically.
Enrich forecasts by adding Events for known future demand.
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Events are automatically added to the demand forecast.
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Replenishment recommendations are auto-adjusted.
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When plans change or events are delayed rescheduling can be done with a click and forecast and replenishment recommendations are instantly updated.
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Event planning does not add to historical demand (transactional history), protecting against unnecessary stock build-ups for known demand.
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Events Planning can be automated.
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ICS can identify parts classifying for event planning.