Forecasting and demand planning requires not only the application of forecasting methods but capturing historical demand data, demand profiling, modeling events/promotions and manual adjustments to drive a consensus-based plan collaborating with your supply chain. Omnics software platform is built with these business and user requirements in mind and configurable to your current and evolving planning needs.

Platform Features and Functionality

Planning Levels

- Multi-level, multi-channel 
​  forecasting.
- What-if scenario Planning.
- Demand/Forecast aggregation and
   disaggregation.
- Assortment Planning​.

Forecasting ​Algorithms

- Standard methods – moving
   average to linear regression to
   exponential smoothing.
- Include Causal Factors
   Custom logic/algorithm.
- Promotions/Events modeling and
​   analysis.

Unified Data Model

- Data unification across
   SKU/Channel/Customers/ Regions.
- Multi-dimensional data modeling
   with flexible data hierarchies.
- Automated data retrieval and
​   processing.

Closed-Loop with Supply Planning

- Demand-Supply Synchronization.
- What-if scenario planning and
   analysis.
- Optimization and Simulation of
​   demand plans.

Execution ​Automation

- Automate creation of Sales Orders,
   Purchase Orders and other signals
   to ERP.
- Forecast-Demand Collaboration
​   with partners.

KPIs and Analytics

- Automated analytics engine and
   scalable architecture to handle Big
   Data.
- Standard and/or custom KPIs
- Automated reporting and trend
​   analysis.

How does our solution work?

We know that 'plug & play' software for Demand Planning and Forecasting is a myth. Omnics platform has customizable business process workflows, algorithms and configurable UI for all your
​demand planning and forecasting needs.

Benefits

For Business Operations
  • Improved forecast accuracy.
  • Increased product availability and reduced lost sales.
  • 2% to 7% improvement in total supply chain costs due to optimal planning of materials, production, inventory and logistics.
  • Faster responsiveness to market changes.​
  • Streamlined, consensus-based, automated planning. ​
For Planning Team
  •  >10X improvement in planning time, go from days/weeks planning to minutes/hours.
  • Planning team gets to focus on the results, insights and optimal decision-making vs. chasing and processing data.
  • Historical data is not lost but harnessed and harvested for better decision making in the future. 
  • Functional teams work on ‘single version of truth’ data sets on the platform vs. multiple versions of spreadsheets.