Vanguard Predictive Planning™ for Workforce
Optimized workforce planning
Effective workforce planning requires support for both tactical and strategic plans. Whether you need to forecast your workforce needs over the next five years or the next five months, Vanguard Predictive Planning is the optimal solution. Vanguard combines market-leading analytics to provide the most accurate forecast available, along with the ability to:
- Model planned hires, transfers, and attrition
- Model unlimited what-if scenarios and perform Monte Carlo simulations to see the impact of your drivers
- Control drivers centrally or in a distributed fashion for a truly unified planning environment
Planning in silos is an archaic approach to workforce planning that is often necessitated by limited technology. With Vanguard Predictive Planning, collaborative planning is native and fostered from the start. Leveraging a market-leading collaboration portal, users can do more than just comment – they can take action. Users can compare plans to actuals and act immediately if needed. Further analysis is available to close and identify any talent gaps and evaluate costs to the organization.
An Integrated Business Planning (IBP) platform, Vanguard Predictive Planning for workforce planning helps organizations implement hiring and workforce development practices that best support long-term strategic business goals. This requires a thorough and data-supported understanding – both quantitative and qualitative – of current and projected talent needs.
Vanguard Predictive Planning for Workforce Planning integrates with your HR or payroll system to bring live data into an easy-to-use interface. Our platform’s statistical engine gives non-technical business users the power of advanced-analytic modeling and simulation.
HR and line-of-business hiring managers can automate what-if scenario planning and analyses, factoring-in workforce roles, experience, demographics, performance ratings, training, salaries, or any other relevant criteria. They can also engage in evidence-based approaches to workforce development, applying predictive analytics to various other data to more accurately predict and plan for future needs.
Ultimately, enhanced planning and operations improve outcomes across human capital management initiatives:
- Align finance, HR, and operations on a single platform
- Optimize recruiting, training, and compensation practices and policies
- Increase workforce productivity
- Improve retention and reduce turnover
- Automate forecasting of labor costs and other metrics
- Lower planning and forecasting costs and increase forecast accuracy
- Utilize position budgeting
%
Increase in inventory utilization
%
Improvement in forecast accuracy
%
Reduction in inventory spending
Client Results
“Billions [of dollars] in operating margin and trillions in market capitalization separate supply chain winners from losers,” according to AMR Research. With Vanguard Predictive Planning™, best-in-class planners see:
%
Reduction in inventory
%
Increase in perfect-order fulfillment (complete, accurate, and on time)
%
Shorter cash-to-cash cycle times
%
Fewer stock-outs than competitors
What our clients have to say
Technical features
Promotion planning
The ability to model and manage promotions (or integrate with third-party promotion tools) is a key differentiator of Vanguard Predictive Planning. With a robust set of techniques to model promotions, Vanguard Predictive Planning sets itself apart.
Advanced workflows
Workflows are the backbones of every supply chain plan. Vanguard Predictive Planning offers users advanced, easy-to-define and easy-to-support workflows to enable both planning and S&OP processes.
Collaboration Hub
Vanguard Predictive Planning comes with an industry-leading collaboration portal. Never again will organizations to never again have siloed planning or limitations to those who can collaborate.
End-to-end planning
Vanguard Predictive Planning is an integrated business planning platform that provides organizations with true end-to-end planning and visibility.
Master production scheduling
Vanguard Predictive Planning creates the optimal schedule for production based on rules and constraints.
Simulation
Move from single-threaded what-if scenario planning to true simulation. Monte Carlo simulation instantly allows you to run hundreds or thousands of scenarios with a range of variables.
Monte Carlo simulation
Plan based on probabilities and improve forecast confidence intervals using Monte Carlo simulation.
What-if scenarios
Complete support for unlimited what-if scenarios that you can save and share. Additionally, non-forecast owners can propose forecast changes for any scenario.
Real-time analytics
With a unified data model, Vanguard Predictive Planning delivers analytics in real-time as soon as any changes occur to the plan or data. Additionally, users can set alerts to be notified of such changes.
Demand profiles
Forecast automation and accuracy plus optimized inventory and operations increase profits and profitability by reducing stockouts, lost sales, emergency orders, and labor and customer acquisition costs.
Exception-based planning
Mature supply chains manage by exception; Vanguard Predictive Planning enables extensive exception-based processes.
Machine learning
Vanguard Predictive Planning leverages machine learning algorithms as part of its artificial intelligence capabilities.
Market-leading statistical forecasting
Supply chain planning software offers usersan array of forecasting methods. Vanguard Predictive Planning is the most robust on the market, providing users with the most accurate results.
Demand sensing
Vanguard Predictive Planning includes proprietary forecasting methods for near real-time forecasts.
Financial forecasts
While some solutions can “dollarize” plans, Vanguard Predictive Planning creates financial forecasts, including cashflow, net income, and various financial reports, out-of-the-box.
Causal forecasting
Organizations should try to determine the leading indicators that impact
AI engine
Vanguard Predictive Planning leverages artificial intelligence across multiple features of the platform including forecast method selection, demand prediction and pattern detection, and automation of tasks.
S&OP workflows
Workflows are the backbones of every supply chain plan. Vanguard Predictive Planning offers users advanced, easy-to-define and easy-to-support workflows to enable planning and S&OP processes.
Automatic detection
Vanguard Predictive Planning automatically detects and excludes outliers from the forecast.
BI and dashboards
There is no need for a third-party BI solution. Vanguard Predictive Planning includes robust reporting and dashboard capabilities.
Top-down, bottom-up, and middle-out forecasting
Regardless of how your organization generates forecasts, Vanguard Predictive Planning supports it all. Vanguard also supports any combination of variables including SKU-location, SKU-warehouse, customer, and more.
In-memory what-if analysis
With support for millions of SKUs, Vanguard users can instantly forecast for any number of products and scenarios. Vanguard’s in-memory database (UHIO) enables lightning-fast calculations so users have no downtime.
Collaborative forecasting
Collaborative planning and forecasting
Segmentation
Vanguard Predictive Planning supports a wide array of SKU segmentation methods including, but not limited to, ABC, speed, cost, and service levels.
Meet a few of our clients
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