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- Written by Steve Allanson
It is simply THE best planning and scheduling tool to support your S&OP/ IBP process as well as driving excellent Supply Chain optimisation.
- Simple to Implement
- Easy to use
- Incorporates full optimisation through your Bill of Materials
- Full Finite Capacity Planning throughout the B.O.M.
- Easy interfaces with ERP systems
- Huge range of standard outputs and interactive screens/ charts.
- Full separation of Planning and Scheduling allowing optimisation of both.
- Dynamic safety stock calculations throughout the B.O.M. (We've had dynamic buffers since before DDMRP was thought of!)
and much much more.
Contact us now for a demonstration and a no obligation discussion about how we can solve your service/ inventory/ stock out issues.
- Written by Steve Allanson
As an interim supply chain manager I have seen the various forecasting, demand management and planning processes of many companies. These range from those businesses which have very little if any forecasting and planning through to those which have well established processes, of supported by complex and expensive systems.
In the main this will correlate with the size of the business - but not always. I know of at least one multi-billion dollar, multi-national business which has virtually no processes for the above and as a result has at best rudimentary S&OP or other business management processes.
One prerequisite for a good quality S&OP or IBP process is a sales forecast leading to a capacity plan and also to a financial forecast. And yet the number of businesses that do not seriously apply any effort to sales forecasting appears to be huge.
Is this because they don't understand the process or because they are put off by the apparent complexity and expense of it?
With the release of #simpleforecasting by #velocplanning TODAY, 1st February 2021 we have made good quality forecasting and demand planning available to all businesses.
Use the contact form to get started with our FREE version today.
- Written by Steve Allanson
Introduction – What is Simple Forecasting?
Simple Forecasting is a straightforward, easy to use Demand Planning application.
The core of the application is an algorithm which will create a simple projection from historic sales and then allows the user to adjust this initial forecast by:
- Incorporating seasonality and other repeating trends
- Selecting and eliminating erroneous historic data
- Adding promotional increases
- Adding other demand impacts (negative and positive)
The forecast can then be exported for import into a planning system of choice (It is specifically formulated for use in the Veloc Planning System).
The application can report forecasts by Item and by a range of groupings – Customer, Geographic Location, Warehouse, Product Type and more. (Paid version only). These groupings are set by the user.
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