Close the Loop: Building a Smarter Forecast
The State of Industry
The current chaotic global circumstances, including the invasion of Ukraine and sanctions placed on Russia as a result, are the latest events to rock the global supply chain. The situation is changing much faster than anyone could have expected. Companies are discovering that it isn't enough to be able to create a simple forecast. They need to be able to incorporate input from their customers, industry sources, and their own ship history on a continuous basis. This level of detail allows companies to quickly identify disruption indicators and proactively plan accordingly.
What You Need
The best manufacturers have the right tools to navigate treacherous waters and make the most informed decisions. Here are the components of the right tools:
A SKU level forecast fully integrated with the best market data available provides a level of granularity to confidently take correction action.
A rolling forecast that automatically refreshes which includes real-time updates from your customers and industry sources.
A forecast integration with ship history at the SKU level to gain closed-loop feedback and monitor the accuracy of your forecast on demand.
Configurable forecast integration with EDI at the SKU level allows to align production with customer orders and identify variances in the EDI and forecasted volumes.
When you need the best tools available to industry, then introduce yourself to Saphran.
SKU Level - Integrate your data at the SKU level to get the granularity you need. Saphran customers are able to leverage a detailed and responsive forecast for confident decision making.
Integration with Ship History - Tighten the accuracy of your data by closing the loop with your ship history. Don't leave forecast data in the dark. Saphran customers use ship history as a measurement of forecast quality and as a tool enabling them to incrementally improve forecast precision.
Integration with EDI - Focus on near-term changes in demand. Feed the data to production schedules, raw material orders, revenue projections, and more. Saphran customers have been able to reduce inventory on hand by as much as 40% over a two year period while sales were sales were increasing.
Close the Loop with Saphran!