Goods4Cast

Goods4Cast is the cloud service for retailers and distributors based on detailed demand forecasting, and allowing to define and maintain optimum level of trade inventories. The rich functionality and flexible model of payment allow to increase supply chain performance to a wide range of the companies - from small business to big corporations.

Forecsys Demand Management Solution

The Goods4Cast system is intended for optimization of management of trade inventories at the expense of exact demand forecasts and the choice of economically justified safety stocks in warehouses and in shops of retail chain stores.

Main objective of a system — increase in employee performance of retail chain stores and improvement of quality of inventory management of retail chain stores.

First of all this improvement of indicators of level of trade inventories (level of a remaining balance, turnover) and reduction of risk of lack of goods on sale (out-of-stock).

System implementation has a fast okupayemostyyua provides considerable long-term effect. The additional profit (effect) of use of a system makes 1-3% of a business volume.

The Goods4Cast system allows:

• increase efficiency of work of the staff of the company responsible for formation of orders;
• increase turnover of means and profit in the operating shops;
• reduce deficit (to increase availability) goods in shops and to increase sales;
• reduce trade inventories and abstract means;
• minimize influence of a human factor at short-term forecasting.

Use of special approach to forecasting allows to estimate most accurately risks of the fluctuations in demand and also risks of emergence additional logistic izderzhkek during the work with the supplier.

When forming each order a system calculates minimum necessary level of a remaining balance sufficient for maintenance of required level of service. The operator of a system can specify directly the desirable level of service as for separate commodity groups and formats of shops, and for specific positions.

Planning

For solving of tasks of long-term planning, determination of volumes and sales plans of Goods4Cast offers the flexible interface allowing the analyst to work individually with forecasts of any level: on shops, commodity categories, regions, suppliers, producers, etc.

The functionality of a system allows to integrate the best qualities of statistical prediction algorithms and expert knowledge of the analyst for formation of the most exact and realistic plans allowing company management to make the correct and timely decisions.

Additional system capability is the mode of automatic calculation of economically optimum level of service at which the balance between the cost of storage of goods in warehouses and risk of emergence of deficit is reached.

• Read also Goods4Cast: smart demand forecasting