All businesses forecast in some form – some simply project:
- Annual sales budget
- Headcount requirements
- Capacity planning
But for many businesses, as forecasting becomes more mandatory and more complex, they are challenged by:
- Seasonality
- High level of product promotion or new product introduction
- Lead times of weeks or even months
Here’s just some of the functionality that IMA Stock Smart forecasting provides so that you can address those challenges:
- Product/Customer or Product/Location-based forecasting
- Location/Customer/Product also by Product only
- Multiple forecast algorithms including ‘Optimal Fit’
- Seasonality profiling
- Trend profiling
- Manual override where market knowledge or imported forecasts are available