Sales forecasting and demand planning for efficient and profitable supply chain planning
Confidence and certainty in sales forecasting and demand planning is critical for efficient and profitable supply chain planning. It forms the key input for ERP systems as well as end-to-end supply chain management. Furthermore it is strategically important for integrated business planning (IBP) and for supporting stakeholders’ investment decisions.
B2B manufacturing and service providers across all business sectors use Foresite sales forecasting and demand forecasting. It accurately profiles future sales and objectively evaluates demand to create the most credible evaluation of sales trajectory possible. It enables businesses to manage promotions, complex supply contracts and promotions with ease.
Unlike BI and other statistical models, we don’t estimate, speculate or extrapolate – just hard data and metrics. Also, removing subjectivity, speculation and delinquency instills confidence in your supply chain plans to maximise efficiency and customer service. Finally, sensitivity analysis tools validate your sales and demand forecasts to endorse that confidence.
Consequently Foresite’s rolling sales forecasting and demand forecasting provides the sales data and metrics needed to integrate with your supply chain operations (S&OP) and financial planning (FP&A) processes. We eliminate the data collation, calculation and version control errors which traditionally make forecasting time-consuming and unreliable.
Use Foresite’s scenario planning tools to validate and sensitise your sales and demand forecasting.