Your company is growing this year.
Or at least, that’s the goal, right? Supply Chain 101 says whether you’re growing organically, by entering new markets, releasing new products or acquiring new companies, you must accurately predict demand in order to create a supply chain that will support your strategy and organization . The last thing you need in such a critical period is an inventory shortage and then having to deal with the ensuing customer service and PR nightmare.
Being ROI dependent, midsize companies understand that the results from most forecasting tools are not worth their price tags. You know demand planning and accurate forecasting is critical for successful growth, yet many midsize companies don’t forecast nor demand plan in a way that is appropriate for their growth or revenue goals. This is due much in part because there hasn’t yet been a tool that supports the needs of a growing company and an overall belief that forecasting can never be accurate so really, why bother?
You need a tool that you can grow into. Purchasing an entire sales and operations planning suite but only utilizing a few of the modules is a waste of budget and IT’s time. Let’s focus first on getting your forecasting and demand planning right. Now when you further invest in inventory optimization, DRP, MRP, etc., you’ll be giving these additional modules the right data and fully leveraging the capability of the individual tools thereby maturing you sales and operations planning process.
You need a tool with flexible architecture and support. With growing data from POS, VMI, etc. and ever-maturing process, the technological requirements to run your business will change and become greater. As data requirements expand you need to be able to readily and cost effectively switch your systems onto a more robust ERP or add users without incurring additional fees. Otherwise, you are being penalized for growing. You are being penalized for success.
You need a tool that guarantees results. Cash is king and time is money. Committing your capital (and human capital) to investments and projects that don’t move you towards your revenue and growth goal are a waste of budget and leaves you open to haranguing by board members and shareholders about your ability to fulfill your fiduciary responsibility.
Demand Foresight guarantees your forecast error will be reduced by 25% or we give you your money back. We’re able to guarantee results based on the advanced capabilities of our proprietary Interactive Neural Computing, but we provide it because we want to share the risk to create a true partnership. We’ve been a platform for growth for companies by focusing on demand planning and forecasting, (do we want to add – prepping them for S&OP) helping them further refine their planning when they were ready, and delivering measurable results they couldn’t have counted on from another vendor.
More about our forecasting and planning software.