Powerfully Simple Demand Forecasting
It manages challenging “ long tail” demand for slower moving products that are inherently harder to forecast. And it understands volatility drivers, both natural (trends, seasonality, causal factors and lumpiness) and organizational (demand shaping promotions, new products, forecast bias and the bullwhip effect).
ToolsGroup’s Demand Forecasting also overcomes the disconnect between sales/marketing and the supply chain group by eliminating the whopping forecast errors at the Item/Warehouse level. It automates the forecasting process at the level of granularity required for supply chain planning and execution.
Employing our Powerfully Simple approach, Demand Forecasting is smarter, with manual effort kept to a minimum, so planners are able to take a low touch approach. The planning is easier because the system is able to do more work on its own. It reduces tedious forecast adjustments and manual overrides, allowing planners to focus on higher value added activities.
Demand Forecasting can also be complemented by Demand Collaboration, Demand Sensing and Trade Promotion Forecasting. For a complete description of our Demand Planning solution and our customer experience, please contact the ToolsGroup office nearest you.
For a complete description of our Demand Forecasting solution and our customer experience, please contact the ToolsGroup office nearest you.