Demand Planning & Forecasting
Omnics performs robust demand analysis, generates forecasts and drives consensus-based demand plans for your markets, channels, product categories and SKUs, using predictive analytics.
Demand planning and Forecasting 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 requirements in mind and configurable to your current and evolving planning needs.
With Omnics, you can gain up to:
Reduction in inventory
Reduction in stock-outs
Reduction in Forecasting Errors
Functional teams work on 'single version of truth' on the Omnics platform vs. multiple versions of spreadsheets.
Data retrieval, processing
and reporting is automated to eliminate manual, error-prone and non-value add work.
Historical data is harvested and forward-looking trends provide insights for optimal decisions going forward.
Planning team is enabled to plan faster and provide better responsiveness to market changes.
The goal is not to predict the future but to tell you what you need to know to take meaningful actions in the present.
Paul Saffo - Consulting Professor at Stanford University and Technology Forecaster
Highlighted Solution Features
Multi-level, multi-channel forecasting and demand planning
What-if scenario planning
Demand/Forecast aggregation and disaggregation
Custom logic or algorithm
Promotion/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
KPIs and Analytics
Automated analytics engine
Scalable architecture to handle Big Data
Standard and/or custom KPIs
Automated reporting and trend analysis
Closed-loop with Supply Planning
What-if scenario planning and analysis
Optimization and Simulations of demand plans