| Customers: Gloss (retail chain stores) Contractors: Softline Product: Forecast NOW Program for demand forecasting and management of trade inventoriesProject date: 2017/10 - 2018/03
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On April 11, 2018 the Softline company announced implementation in the Blesk trading company of the solution Forecast NOW!, who will allow the customer to predict sales, to minimize the level of trade inventories in a warehouse and in shopping mall and also more effectively to use the budget.
The Blesk trading company needed an analytical system for optimization of trade inventories and supply chains. Several classes of the solutions suitable under the customer's tasks are presented at the market: from simple analytics to artificial intelligence. Having analyzed requirements and the current situation in the trading company, the command of Softline recommended the solution Forecast NOW for implementation!.
The command of Softline carried out piloting of a system on data of the customer. Specialists showed how by means of algorithms it is possible to minimize trade inventories and to support the necessary level of service taking into account contractual terms, transport opportunities, the minimum purchasing lot and other restrictions. Research of efficiency of use Forecast NOW! it was carried out selectively on goods as with regular, not regular demand. Specialists carried out the simulation modeling including change of a commodity remaining balance, having displayed results by significant indicators: release of financial resources at optimum control of stock balance and increase the level of service. The difference between the predicted and real indicators showed potential economy and possible effect of implementation of the program.
 | "For work with Forecast NOW! we will not need to attract big staff of programmers and analysts: business users after primary setup of the program can use the solution independently. At a system a universal configuration, it does not need to be customized: additional functions become available on a centralized basis at the next updating. All this will allow us to provide high effectiveness in process of management of trade inventories at optimal costs of resources". Ivan Nikulin, head of information technology of Blesk company |  |
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