(Source: www.bsdinsight.com)
QAD Demand Planning enables the creation of more reliable logistic, sales, and budgetary forecasts. It comes with a wide range of simple to extremely complex algorithms that help to create a statistical forecast. Collaborative capabilities, provide the ability to receive input to forecast calculation from other functional contributors such as sales, marketing, and finance.
- Analyze historical data for suspect values and reliability
- Consider a wide range of forecast influences such as:
- Seasonality, external factors, trend
- Utilize a broad range of statistical techniques including:
- Holt-Winter, Exponential Smoothing, Crostons, Box-Jenkins
- Auto-Selection
- Create weekly or monthly forecasts
- Build multi-level, top down and bottom up forecasts
- Manage marketing events
- Factor in product life cycle from birth to retirement
- Calculate appropriate safety stock levels from required service levels
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