Cooperation between Tsentralnaya Distribyutorskaya Kompaniya LLC and GoodsForecast began in 2014 with the execution of a contract for the implementation of the GoodsForecast.Replenishment (inventory management) system. One of the criteria for selecting the vendor was its the ability to customize the system for a specific customer.
The main business goals of the Customer when implementing the GoodsForecast.Replenishment demand forecasting and inventory management system were:
Currently, the stage aimed to implement the main functionality has been completed and the system has been put into commercial operation.
The GoodsForecast promotional forecasting module was introduced within a project on improving the quality of promotion campaign forecasting implemented jointly with Procter & Gamble. The module provided an effective decision-making tool for TDK’s commercial department staff working together with P&G account managers which allowed achieving promotion campaign forecasting accuracy above 80%.