AZAP Forecasting
The objectives of this AZAP Forecasting module are multiple. It helps you focus on important and urgent matters, thanks to the forecaster’s roadmap, advanced alert functions, and extensive automation.
It includes a comprehensive set of features designed to make the forecaster’s work simpler and more efficient.
With this demand forecasting module, you can:
- Structure and standardize your forecasting processes within a single, unified solution, equipped with a customizable workflow to facilitate data entry and validations in a collaborative process. This applies to all your sales channels and subsidiaries.
- Automatically correct historical data using integrated self-learning methods.
- Adjust forecasts to account for promotional activities, product highlights, or specific events.
- Plan and manage promotional operations in detail (retailer, product, period, volumes, operation parameters, etc.) from their creation to their end-of-life, while setting budgets and generating financial performance reports for these operations.
- Connect your forecasts with external data sources (e.g., panel data, weather information, etc.).
- Actively manage your product portfolio by configuring product launches, discontinuations, replacements, promotions, campaigns, and highlights.
- Supplement and adjust forecast calculations based on statistical models by easily integrating data from commercial, marketing, financial departments, and subsidiaries via an intuitive interface.
- Leverage key performance indicators (KPIs) such as forecast accuracy, bias, and financial projections to continuously refine and enhance your processes for improved performance.
The features of AZAP Forecast analyze your sales history (both client and consumer data). They also review your historical commercial and marketing data to automatically forecast future demand, calibrate error margins, and build a production and/or procurement plan. This enables you to meet demand while considering available resources and all constraints.
What makes this module unique is its ability to forecast demand and calculate forecast uncertainty—even for new or historical data-lacking products—thanks to its integrated AI modules.
In conclusion, the most notable benefits include improved customer service levels and a significant reduction in unplanned procurement, ultimately leading to substantial cost savings. This module is THE tool to assist you in your demand planning efforts.
