Blog

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:

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?

So, do we tip this odd looking vehicle?

Domino's Brings Self-Driving Pizza Delivery Pilot to Houston

Walmart takes last-mile delivery to the fridge

Walmart literally wants access into your home. Question is, will you let them in?

Exponential Smoothing

When you create a forecast using exponential smoothing, you have the opportunity to use your own personal insights..

Forecasting Overview

This is an overview of some basic forecasting methods. These basic forecasting methods are broken into two categories..

Naïve Forecasting

This forecasting method simply states that we forecast that this period will be the same as the previous period.

Moving Averages

When you create a forecast using this moving average method, you predetermine the number of periods to average to get a forecast for the next period.