ROIs forecasting applications enable accurate demand forecasting for improved demand planning. Forecasts can be shared between customers and suppliers, historical demand can be combined with actual demand, seasonal spikes and trends can be factored and weights applied, all to achieve forecasts that accurately reflect how much of what needs to be produced when. The forecasting applications provide flexible tools to calculate future projected demand.
Operating parameters can be specified at system and/or item level. They allow simple setup and tailoring to almost any business need. A wide range of forecasting methods is provided which can track a products demand throughout its life cycle. A standard interface is also available to Demand Solutions®, an advanced forecasting system. Demand Solutions allows users to gather demand data from multiple sources. With this application, demand and inventory needs from suppliers to manufacturing to store-level sales and replenishment needs can be converted into production plans.