Accurately forecast customer demand. Our best-in-class dynamic demand forecasting for stock with frequent, highly sporadic or intermittent demand.

Syncron Demand Planning and Demand Forecasting software is a sophisticated tool for anticipating and shaping demand. It combines best in class statistical forecasting with market knowledge gained from internal and external collaboration providing a single, global view of the demand and inventory availability that provides the foundation for your sales and operations plan.

Automatic demand classification

This module classifies every SKU into different demand types (fast, slow, erratic, positive and negative trend etc.) and produces accurate forecasts utilizing the most appropriate forecasting algorithms. Demand type classification is performed automatically at the calculation of every new forecast which means that every item will always be classified into the correct demand type. This enables efficient and automatic management of the life-cycle of a SKU.

Our sophisticated demand forecasting software algorithms are designed to detect and calculate the seasonal patterns for SKU’s or groups of products that are influenced by seasonality. For such seasonal SKU the seasonality is automatically calculated and incorporated into the forecasting process. Special forecasting techniques such as a refined Croston methodology are used to handle highly sporadic and intermittent demand.

Continuously improving

The only truth about demand forecasts is that they always are wrong. The key for utilizing statistical demand forecasts is to understand how large the forecasting error is in order to minimizing it. Therefore, forecasting accuracy is continuously measured and the demand forecasting software automatically re-sets to the most appropriate forecasting technique if the accuracy of the forecasts is outside the acceptable pre-set limits.

In addition to statistical demand forecast based on the demand history and seasonality market volume density and market knowledge has to be taken into account to further improve the forecast accuracy. Market knowledge such as planned machine maintenance, promotions, and new product introductions are managed effectively within the system with the minimum of human input. Syncron Demand Planning and Forecasting automatically neutralize peaks in demand caused by promotions, planned maintenance etc from the demand history.

Supersessions and replacements

Products are continuously being developed and therefore old versions are superseded or replaced. The system stores the demand history and the forecast linked between the product even if it is one-to-many or a many-to-one supersession.

With Syncron Demand Planning and Demand Forecasting software you can forecast confidently and adjust your plans quickly, meaning that inventory consumes less working capital while your customers receive more of what they want.

WMS Logistics Vision Suite

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Склад "Метро Груп Логистикс" работает под управлением WMS Logistics Vision Suite & Vocollect Voice

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08.09.2020 ONLINE СеМАТ Russia

Visit us at CeMAT ONLINE 22 – 23 September

15.05.2020 Metro Group Logistics optimizes warehouse management operations with WMS Logistics Vision Suite

According to schedule of implementation in this year the installation WMS Logistics Vision Suite was completed on the fruit-vegetable platfo...

06.04.2020 Video Case Study: Damaged items

WMS Logistics Vision Suite advanced quality control at receiving: damaged items photo fixation

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20.03.2020 Mantis showcased the only highly scalable / high performance "self-serve" WMS / logistics platform in the world at Modex 2020

With more than 325,000 sq.f. at the Georgia World Congress Center in Atlanta, USA, and almost 4 days of exhibit days, the tradeshow aimed to bring together the best solutions, the latest equipment and...

16.03.2020 LCR in Texas USA, decided on Logistics Vision Suite by Mantis for Last Mile Terminal Logistics operations

When in research for a Warehouse Management System, LCR wanted to find a WMS that would be both fast and easy to implement and able the cover all the special needs and versatility of the LMT mall operations....

24.02.2020 AW2 provides customized, 3PL solutions to the American Midwest & West with Logistics Vision Suite by Mantis

AW2 provides their clients with visibility and flexibility through technology solutions, which in turn creates long lasting partnerships.

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