Forecasting

The Right Product, The Right Time

Forecasting increases the accuracy of demand planning on a consistent basis with eoStar’s forecasting solution. Achieving this will optimize inventory, improve service levels and bring dollars directly to the bottom-line by improving cashflow, sales volume and company profitability.

  • Minimize out of Stocks
  • Warehouse Efficiency
  • Capitalize on Peak Sales
  • Insights on Patterns
  • Optimize Inventory Levels
  • Predict probable product demand
  • Buffer stocks requirements to avoid Out-of-Stocks
  • Access reporting on products & SKUs demand variability
  • Correlate date to business demand
  • Analyze inventory investments & service levels
  • Identify stocking levels & reorder patterns
  • Enjoy accurate sales history & inventory balances
  • Automate purchase order entry
  • Strengthen the bottom line
  • Accurately forecast supply and demand
  • Know what products clients are likely to order
  • Reduce costs through better inventory management
  • Plan cashflow requirements for ‘look ahead’ activities
  • Optimize staffing requirements based on projections

forecasting purchasing
Cost Savings

Through gauging proper supply levels, warehouses can avoid spending excessive amounts on inventory that may not meet the same level of demand.

Qualitative and Quantitative Forecasting

Combined, qualitative and quantitative forecasting can provide substantial insights into the future financial and inventory planning for any warehouse. 

Back-end Optimization

Determining inventory levels related to supply and demand is more automated with forecasting software.

Enhance Customer Satisfaction

Customers are less likely to encounter “out of stock” messages when browsing for goods. 

Business Planning

Managers can use this data to plot out their growth path and to avoid or mitigate any challenges they may face.

eoStar Forecasting
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