Demand Forecaster™ will deliver a demand prediction for up to 12 months, by month or week, for each item you sell. This forecast is the most accurate possible, given historical demand patterns that are based on 4 historical patterns. These include those that:
Demonstrate relatively stable demand
Follow an up or down trend
Predicably change seasonally with or without a trend
Demonstrate intermittent demand
Our software optimizes each of these algorithms to determine which algorithm is the best fit. This algorithm is extended into the future to predict demand for up to 12 months. The demand forecast should then be reviewed by your sales and operations staff, and finally uploaded into your ERP system to drive production or purchasing.