Production

Production

Over the years of cooperation with manufacturing companies of different profiles, we have accumulated extensive experience in addressing forecasting, planning, production optimization and inventory management tasks

Tasks to be handled:

01.
Forecasting demand, sales planning
02.
Optimization of production shift schedules and formulations
03.
Output and procurement planning
04.
Optimal rationing of finished stock as well as raw and basic materials

Products and services

A powerful forecasting and decision support tool for managing your company's future.

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 SKUs. The system allows building, analyzing and coordinating plans across any sections (for the whole network, by warehouses, regions, categories, SKUs, 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. The result features a unique combination of high level of automation, manageability, transparency and usability.

Daily and accurate answers to the questions “Where?”, “What?” and “How many to deliver?”, optimal stock levels for each product at each warehouse and outlet and required order volumes considering all cost factors, service requirements, logistics and merchandising parameters.

The GoodsForecast.Replenishment product we offer is designed to ensure that every warehouse has exactly the right amount of goods in stock every day. We have achieved maximum automation in calculating forecasts, safety stocks and order quantities. This was made possible by factoring in demand trends and fluctuations, margins, storage and diversion costs, shelf life, service level requirements, supply defects, current balances, reserves, goods-in-transit and all logistics parameters. All calculations are transparent, while customization, analytics and convenient reporting allow managing the entire process and monitoring quality.

GoodsForecast.Replenishment is an indispensable solution when implementing VMI processes or managing inventory in your own warehouses.

The GoodsForecast.Distribution solution is suitable for both master production planning covering a horizon of weeks or months and day-to-day distribution of plans across production sites (balancing). The system maximizes the ability to meet existing orders and projected demand while minimizing production and logistics costs.

The purpose of implementing GoodsForecast.Distribution is to select the optimal ratio of different production processes distributed across production sites.

Promotions are one of the main sales incentive tools used by consumer product manufacturers. 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.

The GoodsForecast.Scheduling product is an APS (Advanced Planning & Scheduling) class system designed for automating the scheduling of production shifts which factors in production costs and potential penalties, optimizes the number and cost of switches between batches, helps the scheduler estimate the deadline for fulfilling tasks, which ultimately leads to reduced inventory levels and improved service levels for customers. The system allows optimizing the scheduling of both single-range and multirange production sites and is applicable to both process and discrete manufacturing.

GoodsForecast.OSA (OSA = on shelf availability) is a system designed for the daily monitoring of lost sales, which enables to accurately determine the periods of shortages and lost sales, including intra-day ones, across different sections: by product, by category, by region, by store, in general for the chain, on a daily basis. The solution allows manufacturers to monitor the level of representation of their products on the chain's shelves and make timely adjustments to supply chain management. In addition to daily reporting, the system generates off-the-shelf alert signals in the course of the day and sends them to employees working in the front store or to the supplier's merchandisers, which significantly reduces lost sales.

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 high-quality S&OP process enables to significantly improve the accuracy of a single forecast for all departments and, as a result, reduce balances, improve service level and increase 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.

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