Improve forecasting accuracy upto 20% or more with our Demand Planner module compared to excel sheet planning.
Demand Planner forecasts using multiple modeling techniques like Time Series, Causal, and Composite Modeling with advanced algorithms.
Statistical Forecast: Historical patterns are analysed by the Demand Planner to trace seasonality, trends, and cyclicality. The module comes with an inbuilt algorithm that accounts for any sporadic and intermittent demand, which is useful for various industries.
Collaborative Planning: Enrich the statistical forecast by incorporating market related or strategic inputs from various stakeholders such as sales,
category, planning. After all, statistical forecast is only an incomplete guideline number without these inputs. Our Demand Planner offers ease of use and access, real-time visibility, and traceability to do this seamlessly and with minimum effort.
New product launches: Plan for new product launches with ease with our New Product Introduction (NPI) functionality. Forecast demand accurately without any historical trend availability using ‘alike modelling’ and ‘graphical modelling’ techniques.
Promotion planning: Predict the impact of different upcoming promotions on overall demand using our promotion planning functionality.
Integrate social media sentiment: Monitor how well your product has been received at large by the consumers, on the social media like Twitter and Facebook, and integrate that to improve the demand forecast.
Features at a glance
- Collaborative demand planning
- Statistical forecasting (causal and time-series)
- In-built algorithm for sporadic and intermittent demand
- NPI modeling using Alike and Graphical methods
- Promotions planning
- Integrated sentiment analysis for social media
- Spreadsheet functionality for easy usage