Better decision-making and increased profits are must easier when you are given the ability to forecast accurately. MaxQ’s Demand Planning module is designed specifically to assist you in your sales and inventory planning efforts by creating accurate forecasts, using your sales history from Microsoft Dynamics SL (or any other source), in combination with its powerful statistical forecasting models.
In an effort to satisfy all mainstream business forecasting requirements, our demand planning module can automatically select forecasting models from the following five classes or include a user defined forecasting model:
simple

Simple Methods

For very short or extremely volatile data, Forecast Pro includes moving average models

exponential

Curve Fitting

Provides a quick and easy way to identify the general form of the curve (i.e. straight line, quadratic, exponential and s-curve)

jenkins

Box-Jenkins

For stable data sets, Forecast Pro supports a multiplicative seasonal Box-Jenkins model. The model can be built for you automatically or interactively, using a full range of screen-oriented diagnostics

volume

Low Volume Models

Croston’s Intermittent Demand model and discrete data models are provided to accommodate low volume and “sparse” data (i.e. where the demand is often zero).

data

Exponential Smoothing

Twelve different Holt-Winters Exponential Smoothing models are provided to accomodate a wide range of data characteristics. Robust exponential smoothing models makes it ideal when there are no leading indicators or when the data is too short or volatile for Box-Jenkins. You can select the model and set the parameters yourself or let Forecast Pro do it automatically.

forecasting

Features and Functionality

  • Uses sales history and statistical techniques to predict future usage

  • User defined planning groups on any level or combination of levels, such as product and customer class, or territory

  • Allowance for manual entry of partial customers while allowing past usage (excluding effects of manual entries) for the remaining to drive statistical calculations. Results in a complete forecast that includes both groups

  • Forecast group entry uses both bottom up or top down methods of maintenance

  • Extends exponential smoothing to make allowances for special events like promotion, sales, shutdown, seasons or other occurrences

  • Integrates with MaxQ Supply Chain Planning to automatically plan the inventory needs of the forecast

  • Capacity to maintain an unlimited number of forecast versions