Solution vs. Problem
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Are you solving the symptom or the problem?
Demand forecast accuracy is the foundation of effective supply planning
When selecting supply planning software, it is crucial to understand the importance of forecasting relative to other system features. It is common to focus on addressing issues such as transferring stock between warehouses to mitigate imbalances, prioritizing customer orders in a stockout situation, managing expedited deliveries, and squeezing more stock into limited warehouse space. While these activities are important, they are artifacts of inaccurate forecasts (the true underlying problem). Get the forecast wrong, and it doesn’t matter how well you execute all of the downstream activities; you will still encounter stockouts, bloated inventories, product obsolescence, and a host of other problems.
"Vanguard Software was able to improve our forecast accuracy by over 50%!"
Social media-style communication feed allows users to collaborate across teams - even tag objects and people.
Fast and reliable data transfer ensures you are never slowed down by your network.
Monte Carlo Simulation
Compare hundreds of scenarios in seconds. Generate forecasts with higher confidence levels and superior risk transparency.