Advanced analytics to predict demand
The ability to plan ahead for businesses throughout the supply chain is critical in forecasting, but this is often prone to complexity, heavy IT consumption, lack of skills and resources and inaccurate outputs depending on the models or approaches used.
The Demand Forecasting solution from Prodware is the answer: an AI suite that predicts demand based on historic sales data with additional Power BI reporting to help manufacturers, distributors and retailers visualize your business intelligence.
Demand Forecasting is fully integrated in leading ERP solutions Microsoft Dynamics 365 Finance and Operations and Microsoft Dynamics 365 Business Central. It is also available as a Universal version that can integrate with any ERP.
BENEFITS – Demand Forecasting
Cater to “real” demand and stop wasting stock with accurate and precise management of the supply chain.
The solution factors in past data and reports and uses that information to compare and benchmark against to deliver reliable and realistic forecasts.
The solution has 9 different prediction models that run in parallel with an automatic selection of the most appropriate model.
EASY TO USE
No need to customize your ERP environment. Works with standard export formats.
No capacity restrictions, pay-per-user, 100% SAAS.
CAPABILITIES – Demand Forecasting
Prodware’s Demand Forecasting solution is embedded with Artificial Intelligence to generate accurate and reliable sales forecasts by bringing together your historical sales data plus external data (e.g. weather) that might impact demand.
Practical Innovation in your ERP
The Prodware Demand Forecasting solution is an Azure-based solution using cutting-edge and AI technology. It uses a blend of the latest algorithms and predictive benchmarking technology to deliver the most relevant and accurate results. The results are delivered from within the ERP for ease of use and increased visibility across the business. No need for specific technical skills.
FEATURES – Demand Forecasting
Item prediction forecast over time
Past predictions performance by job and item
Forecast comparison to show accuracy in Demand Forecasting
Predictors’ performance history and forecast
Creating a new forecasting job in Dynamics 365 Business Central
Why choose Prodware?
With thousands of customers throughout the supply chain, Prodware’s global experience in operations technologies and our innovative machine learning skills means that apps such as Demand Forecasting deliver the right tools for your industry in an intelligent way.