Software for sales forecasting
Making the markets of the future transparent: precise forecasts are the be-all and end-all for a company. Regardless of whether you are an SME or a large corporation, the quality of your sales forecast plays a key role in your planning. Sales forecasting software uses artificial intelligence to create reliable forecasts of your sales and consumption so that you can always fully satisfy your customers' demand. At the same time, tied-up capital, depreciation, wasted storage space and spoilage of goods are avoided.
Forecasts in the company
Forecasting software helps companies to better assess customer demand. In order to remain competitive in a highly competitive market and operate economically, companies must respond to demand with their supply. With the help of sales forecasts, companies gain data-driven and objective insights and can make strategic decisions based on scientific methods.
Precise sales forecasts for optimal order quantities
Sales forecasts are used to determine market potential, market volume and market shares. Good forecasts make a significant contribution to simplifying product planning and also to more sustainable production. Before a product launch, a sales forecast can be used to check the demand for the new product and thus prevent a poor market entry if necessary.
REMIRA tools support you in all phases of the product life cycle with precise forecasting and sales planning - even in fast-moving industries. This increases your planning accuracy, improves your procurement process and reduces excess stock.
Artificial intelligence in sales forecasting
Having the right quantities in the right place at the right time is the credo of optimal inventory management. However, this is only possible with reliable forecasts of your sales and consumption. Short-term changes can be problematic because production and delivery is a lengthy process. Precise sales forecasts must be prepared, especially for perishable products or collections in the fashion sector. Many companies are already relying on artificial intelligence and machine learning to make their planning as accurate as possible. This allows market opportunities and risks to be identified at an early stage and planned accordingly.
Reliable forecasts through predictive analytics are a decisive competitive advantage
Nowadays, the flow of goods and materials is dependent on numerous static and dynamic influences as well as the respective business model. Our sales forecasting software takes decisive factors into account and automatically generates an accurate sales forecast using artificial intelligence and sophisticated algorithms. This is the decisive basis for planning throughout your entire company. This means that not only scheduling, but also other departments such as purchasing or sales benefit from reliable figures. This results in reliable sales forecasts, optimum order quantities at the right time for all goods locations and branches, the right personnel planning and much more. This means that management can rely on the best forecasts in sales forecasts and make the right strategic decisions for your company.
Recognize future sales at an early stage
Our software solutions for sales forecasting help you to increase the success of your products and optimize planning and the entire procurement process. Using artificial intelligence, sales forecasts can be calculated very accurately - even for short-lived product cycles. This allows market opportunities and market risks to be calculated, giving companies a competitive advantage.
What are the advantages of sales forecasting software?
The aim of using the software is to achieve a perfect balance between supply and demand. Our software supports you in optimally exploiting existing market potential and resources. The solution uses statistical forecasting methods and artificial intelligence to find the optimum sales forecast and order proposals.
- Reliable sales forecasts for all your products
- Early prediction of market developments
- Consideration of seasonality and other effects
- Consideration of different sales channels and locations
- Reliable forecasts enable optimal order quantities
- Reliable figures for planning the company resources required in the future
- Elimination of "emotional decisions" and less manual effort with Excel
- Complex scheduling decisions are simplified thanks to a reliable database
- Reduction in capital commitment costs
- Optimization of the availability of goods
Important functionalities of sales forecasting software
- Display of flexible planning structures such as countries, sales channels, distribution channels and product groups
- AI-based forecasting methods for new and existing products
- Flexible merchandise management through rolling planning and forecasting
- Demand-driven procurement
- Data-based analyses and evaluations
- Central dashboard based on management by exception
- ABC/XYZ analysis
What are the prerequisites for introducing sales forecasting software?
It is important to have an existing database, which is usually provided by the use of an ERP or merchandise management system. Our solutions are easily docked onto your existing ERP system. To do this, we use our existing connectivity tools, which allow us to easily connect to your ERP via an interface. If you use an SAP ERP in your company, for example, this can be implemented without the need for additional SAP partners.
Are you interested in intelligent inventory management?
Flexible inventory management, optimal scheduling and precise sales forecasts are crucial to your success. We understand this and offer you customized solutions that are precisely tailored to your needs.Find out now about our software solutions for sales forecasting and procurement.