In addition to producing great software, we’re passionate about sharing industry related advice and best practice techniques. Here’s some of our latest posts:
Demand Forecasting Software – An art to see the ultimate fate of a business
If 2020 and 2021 have taught us anything, it’s that we can’t perfectly predict the future, but if you could have seen what was going to happen in the past year, you’d probably want to, right?
What is Demand Planning Software?
The best demand planning software will be one that is catered to you
Is Inventory Management Stressful? Try Inventory Forecasting Software
Situations such as the recent COVID-19 pandemic can cause your sales to fluctuate, thereby impacting your business revenue.
Why is Demand Forecasting Software Essential to Survive Market Uncertainty?
Is your business affected due to unpredictable market conditions? You may be in need to think ahead of time to combat the frequent ups and downs in the market.
How Can Demand Planning Software be a Solution to Manage Overstocks and Stock-outs?
Ever experienced a situation where your inventory is mismatched with actual product demand? For example, you have excess stock in your inventory, but the product’s market is less.
What is the Role of Forecasting Software in Supply Chain Management?
Forecasting is defined as a technique that uses past and present data to make estimates of future trends.
How Business Forecasting Software Can Help to Grow Your Business
Have you ever wondered, “How can I stay ahead of time to increase my business revenue?” ....
What is Supply Chain Management?
Supply chain management is often one of the most important, and sometimes the most overlooked part of any company.
Ways Inventory Management Software Increases Sales & Profit
Retail analysis software is part of our supply chain management software suite and provides your business...
Business Forecasting Software: How It Can Save You Money Today
One of the most frustrating parts of running a business can be operations and logistics.
The Ins and Outs of Sales Forecasting Software
If you have had the opportunity to work with any mid-largesize company, chances are that at some point you have had to think about howsupply chain and logistics affects your profession.
Mattel to reduce SKUs 30% by the end of the year
Mattel was hit hard by the closures of Toys ”R” Us stores. As a result, they were forced to rethink their inventory strategies resulting in a SKU rationalization/reduction initiative that produced $797 million (USD) in cost savings.
How fast can a virus destroy a supply chain?
Supply chain news outlets are abuzz with stories on how the Coronavirus is wreaking havoc on name-brand companies the world over.
Small businesses say coronavirus is starting to cause supply-chain squeezes and lost sales
Lost sales in historical demand data can remain forever, affecting (negatively) future forecasting endeavors.
Why we need a government supply-chain office now, more than ever
would a formal Department of Supply Chain (like the Department of Homeland Security) help or hinder US business to fight a global pandemic or other disasters?
Walmart takes last-mile delivery to the fridge
Walmart literally wants access into your home. Question is, will you let them in?
When you create a forecast using exponential smoothing, you have the opportunity to use your own personal insights..
This is an overview of some basic forecasting methods. These basic forecasting methods are broken into two categories..
This forecasting method simply states that we forecast that this period will be the same as the previous period.