Forecasting: Where Supply Meets Demand
Do you know what your customers want and when they want it? Understanding what customers want and what you have is at the heart of a successful supply chain management strategy. In today’s global economy, customers expect more products at lower prices, faster than ever before. That means businesses that want to compete have to accurately forecast and plan for supply needs to meet customer demand.
Over-forecast and you risk buying too much inventory, tying up valuable space and capital. Under-forecast and you’re left with empty shelves, order delays, and unhappy customers. Failure to accurately predict demand cannot only lead to lost sales and higher operational costs but also make your business vulnerable to unexpected disruptions in the supply chain.
“Enhanced speed, increased usability, and easier ability to scale are just the tip of the ‘benefit iceberg’.”
Businesses need a solution that pulls back the curtain on their supply chain data and delivers insight into future customer demand.
Your Virtual Crystal Ball
While no one can predict the future, demand forecasting gets you close. With ArcherPoint, you get supply chain forecasting solutions that boost operational efficiency and improve performance from the shop floor to your bottom line.
ArcherPoint takes the guesswork out of supply chain management by crafting purpose-built supply chain solutions for virtually any business need. Analyze sales patterns to better predict future demand, monitor your inventory so you’ll always have accurate stock levels at-a-glance, and see exactly what you need to not only meet but exceed customer expectations.
Using Dynamics 365 Business Central, ArcherPoint helps to unify your data and streamline your operations for maximum efficiency. From ordering and supply planning to inventory management and capacity requirements planning, our demand forecasting solutions empower you to make strategic, data-driven decisions that drive current and future savings.
ArcherPoint Demand Forecasting Features
With ArcherPoint, inventory shortages and ordering surprises are a thing of the past. Plan for demand with greater accuracy and confidence.
Data visualization
Get a clear and complete visualization of your forecasting data in one platform. Review historical data, analyze demand trends, and make adjustments to your operations quickly and more efficiently.
Predictive forecasting
Predictive forecasting helps you become better prepared by knowing which products are available and when to have them available for customers. Avoid shortages and meet customer demands consistently
Ready-to-share insights
Generate shareable reports complete with consolidated forecasts. Gather insights from your stakeholders and make collaborations easier.
Benefits of ArcherPoint Dynamics 365 Demand Forecasting
Dynamics 365 Business Central is an all-in-one solution that streamlines supply chain operations for various industries. One of its capabilities is Demand Forecasting, which uses machine learning and analytics to provide accurate demand forecasts to users. ArcherPoint helps consolidate your data for optimal efficiency. Some of the benefits of our Demand Forecasting solutions include:
- Accurate demand prediction: Analyze sales patterns to make accurate demand predictions. This helps you identify which products to reproduce and reduce, and which services to offer.
- Easy monitoring of inventory: ArcherPoint assists in monitoring your inventory so you always have the updated numbers on your stocks. You’ll know what you need to exceed customer expectations.
- Reduced excess: Minimize losses by minimizing excess production of products with little to no demand. This also helps lessen aged inventory and boost sales by maintaining correct inventory levels.
- Improved capacity utilization: Demand forecasting allows you to plan production precisely so you can distribute resources to meet demands. If you have limited production capacity or manpower, demand forecasting helps you streamline operations according to demand and priority.
- Shortened lead times: Predicting demand and knowing when to start resupply also helps shorten production lead times. This can result in quick order fulfillment and more satisfied customers.
Industrial Applications of Dynamics 365 Business Central
Many industries rely on supply chain management and would benefit from demand forecasting capabilities, including:
- Retail
- Distribution
- Manufacturing
Contact Us for Reliable Business Solutions
At ArcherPoint, our mission is to provide our customers with modern workplace solutions that efficiently enhance business operations. We deliver access to leading platforms and software, including Microsoft Dynamics 365 Business Central. Our designation as Microsoft’s Solutions Partner for Business Applications proves the quality of service we provide to customers. Contact us today to talk to an expert.