Forecasting
3EX.NET Intelligently assigns forecast algorithms to products accurately predicting future demand and prompting intelligent and timely purchase decisions. Functionality includes:
- Historic model - Use annual sales history trend for run-rate products
- Transitional model - Constantly adapt sales prediction based on rolling average of sales
- Promotional model - Develop a ‘bottom up’ prediction from product selections within promotions. Used for new and difficult-to-predict products
- Forecast Adjustments - Create and assign adjustments to ‘smooth’ peaks and troughs caused by unplanned factors.
The 3EX.NET supply chain module enables multi-channel retailers to reduce overbuys and back orders through an integrated sourcing approach.
Click here to view the 3EX.NET Supply Chain Management brochure