The solution built based on the GoodsForecast.Planning product enables faster and better sales forecasting and planning, from strategic S&OP objectives to planning by individual categories. The system allows building, analyzing and coordinating plans across any sections (for the whole network, by warehouses, regions, categories, suppliers, etc.) and with any horizon and planning units (quarter, month, decade, week, etc.). We have combined in one convenient application tools designed for automatic and interactive forecasting, coordination of plans between the Company’s experts and departments and a special methodology for planning marketing campaigns and many other opportunities. The result is a combination of a high level of automation with manageability, transparency and usability.
Create just-in-time and optimal volume purchases, reduce transport and warehousing costs and set up delivery schedules to keep your warehouses running like clockwork. The result is a tangible financial effect owing to GoodsForecast.Replenishment!
We offer the optimization of centralized purchasing and related tasks. Regardless of how many suppliers you have and how complex your logistics chain is, a solution based on the GoodsForecast platform will enable you to calculate optimal order volumes, reduce stock balances, reduce transport and warehousing costs and improve service level.
Solution for a single-level logistic scheme
Our GoodsForecast.Replenishment product is designed to ensure that your warehouses always have the goods your customers need while keeping inventory levels as low as possible. We have achieved maximum automation in calculating forecasts, insurance stocks and order volumes with due consideration of demand trends and fluctuations, margins, storage and diversion costs, shelf life, service requirements, supply flaws, current balances, reserves and goods-in-transit and all logistics parameters. All calculations are transparent, while customization and analytics allow managing the entire process and monitoring quality. In addition to calculating optimal order quantities at the unit level, we offer solutions for addressing a number of tactical tasks: creating consolidated orders to be placed with suppliers for their entire product mixes, analyzing “volume rebate” offers and optimizing delivery schedules. The optimization results will not make you wait – it will be a tangible financial effect of reducing balances and logistics costs, improving service level and using verified solutions!
Solution for a multi-level logistic scheme
For large distributors that have extensive warehouse networks, we offer optimization of centralized purchasing and related tasks. Regardless of how many suppliers you have and how complex your logistics chain is, a solution based on the GoodsForecast platform will enable you to calculate optimal order volumes, reduce stock balances, reduce transport and warehousing costs and improve service level.
The solution is based on two products, GoodsForecast.Planning and GoodsForecast.Replenishment, which allows to combine the advantages of top-down (push) and bottom-up (pull) approaches. For example, in case of food products, it is usually better to base purchasing on the needs of regional warehouses and large customers (considering, however, global demand trends), in case of electronics, pharmaceuticals or cosmetics, it is preferable to distribute purchases assessed across the entire network (considering, however, demand in regional branches).
Any methodology takes into account the lead time and frequency of deliveries, volume constraints and the need for insurance against defective deliveries. In addition to calculating optimal order quantities at the unit level, we offer solutions for addressing a number of day-to-day tactical tasks: creating consolidated orders to be placed with suppliers for their entire product mixes, analyzing “volume rebate” offers and optimizing delivery schedules. The optimization results will not make you wait – it will be a tangible financial effect of reducing balances and logistics costs, improving service level and using verified solutions!
Promotions are one of the main sales incentive tools used by consumer product manufacturers and suppliers. The success of a particular promotional activity largely depends on the accuracy of demand forecast for the period of the promotion campaign and this task is significantly more complex than just forecasting regular sales.
The GoodsForecast.Promo solution enables to accurately predict the effects of promotions due to models that take into account various parameters of the ongoing operations. GoodsForecast.Promo enables the detailed analysis of all calculations performed by the system and expert adjustments at every stage: from settings to final evaluations. A flexibly customizable process for creating, calculating effects, reconciling and approving promotions allows all units of the company to manage promotions in a coordinated manner. Accurate planning will help reduce surpluses, reduce shortages during promotional periods and increase customer loyalty.
Often companies have several unrelated plans. Marketing has a strategic output plan not broken down by counterparties; sales has its own plan broken down by counterparties but without showing specific products. Even the units of measurement in those plans sometimes don't match. As a result, despite the fact that a large number of employees are engaged in planning, the company has high balances of finished products and raw materials and at the same time can have a poor service level because the warehouse is often full of products that are not needed by customers.
Building a quality S&OP process enables to solve the above problems: significantly increasing the accuracy of a single forecast for all units of the company aimed to reduce balances, increase service level and, as a result, boost sales.
Inventory management is one of the key processes of manufacturing and retail companies. By building it intelligently, it is possible to significantly optimize logistics costs, reduce money frozen in inventories, reduce shortages and increase service level. Our advisors featuring vast experience in inventory management projects help structure the process by implementing best practices in this area.
Over the years of its developments, GoodsForecast has accumulated vast experience in solving problems relating to forecasting, optimization and analytics. We are ready to implement ready-made products or develop tailored solutions from scratch in accordance with the specifics of your business. A highly skilled team of business analysts, mathematicians and developers enables us to promptly and efficiently implement our customers' requests.