Improve your demand forecasts
Use your demand history and your sales, marketing and financial data to build your forecasts. Implement a collaborative, multi-channel, multi-subsidiary forecasting process. Integrate promotions, all events impacting the life of your products and exogenous explanatory variables (weather, calendars, panelist data…). Monitor your indicators and disseminate the information widely.
How does AZAP help you to improve your forecasts?
“ The results are very positive concerning purchases in Japan: the quantities calculated by AZAP are more accurate than consolidating requests from subsidiaries and we have reduced delays by more than 50%. Inventories are falling steadily, with some safety stocks being divided by 4 or 5. Forecast accuracy for direct sales is 80% and for sales via distributors is 60 “.
Planning and Supply Manager, Pilot Corporation of Europe
AZAP Demand Forecasting offers you a complete range of functions to improve your forecasts. The solution manages internal events (product launches, promotions, cannibalization…) and external events (calendar, competitor promotion…). It is also able to take into account exogenous explanatory variables (weather-sensitivity, panelist data…). AZAP integrates an automated correction of sales histories, a library of forecasting methods, as well as an auto-adaptive expert system that chooses the best forecasting algorithms for each product, in order to save you time. In addition to the statistical methods available on the market, AZAP’s R&D has developed in-house methods, the fruit of its know-how, which are particularly effective for seasonal or erratic products.
Make your forecasting process smoother and more accurate
AZAP Demand Forecasting helps you manage multiple data sources consistently. It structures and standardizes your forecasting processes within a single solution. Its intuitive interface and the ergonomics of its screens facilitate the use of the various functionalities and simplify your daily task.
Multi-channel and multi-subsidiary forecasting
Easily make centralized forecasts in the same tool for each of your sales channels and for each of your subsidiaries. AZAP Demand Forecasting integrates local factors such as promotions or special events, in order to adapt its forecasts on a case-by-case basis.
Use AZAP’s Web Collaborative Forecasting module to integrate data from sales, marketing, and finance departments as well as subsidiaries. AZAP provides visibility and guides you in your validation or data entry operations.
Taking into account events and promotions
Set up product launches, stops, product replacements, animations and promotional campaigns. You can also track your promotional plans and their financial impact via our Promotional Operations Planning (POP) module.
Monitoring and continuous improvement
Use AZAP Reporting to track KPIs such as forecast accuracy, biases or view your financial landing. This allows you to continuously review and improve your processes to further improve performance.
AZAP Modules to improve your forecasts:
- Demand Forecasting
- Collaborative Web Forecasting
- Promotional Operations Planning