Demand Planning

Description

What is Demand Planning?

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:

Integrates with Forecast Pro

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Multi-level Forecasting Models

Moving Average Models

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

Box-Jenkins

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

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).

Curve Fitting Models

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

Exponential Smoothing

12 different Holt-Winters Exponential Smoothing Models accommodate various data characteristics, ideal when there are no leading indicators or if 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.

Features for Maximum Performance

Predict

Uses sales history and statistical techniques to predict future usage.

Group

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

Customer Entry

Manually enter 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.

Maintenance

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

Allowances

Make allowances for special events like promotion, sales, shutdown, seasons or other occurrences.

Integrate

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

Unlimited Forecasts

Capacity to maintain an unlimited number of forecast versions.

Contact Us Today

If you have any questions, please contact us today.