Sales Forecasting Software

Efficient Planning with Our Sales Forecasting Software
Precise Sales Forecasts for Informed Decisions

Efficient Planning with Our Sales Forecasting Software

Sales forecasting software assists your company in generating precise sales forecasts, thereby optimizing strategic planning. Utilize our Sales Forecasting Tool (based on SAP Analytics Cloud) to analyze historical sales data and identify trends proactively. This enables you to be prepared for seasonal fluctuations and make informed, future-oriented decisions. With the appropriate software, inventories can be planned efficiently, and resources optimally utilized. Discover how our customized solution can enhance your processes.

Features of Our Sales Forecasting Software
Prepared for the Future – with Precise Forecasts and Optimal Planning

Features of Our Sales Forecasting Software

Sales and Inventory Forecasting Down to Store and Item Level

Our Sales Forecasting Software provides precise forecasts for sales figures and inventory levels, detailed down to store and item level. This enables you to avoid future bottlenecks and optimize your inventory planning. Leveraging intelligent data analysis and a model-driven approach, you can make informed decisions that enhance the efficiency and success of your planning processes.

Identify and Evaluate Influencing Factors

Within a forecasting software, additional data sources offer valuable insights into the influencing factors of sales figures and inventory levels. Furthermore, our correlation analysis enables you to understand which factors significantly impact your forecasts. This allows you to optimize your planning and respond flexibly to evolving market conditions.

Understand Forecast Accuracy

Key performance indicators, such as average and absolute deviations, combined with the visualization of confidence intervals, offer an immediate understanding of the reliability of your predictions. This enables you to proactively identify potential data issues or forecasting weaknesses and implement targeted optimizations before critical decisions are made.

Reveal Missed Opportunities

Our Sales Forecast Software clearly illustrates sales opportunities missed due to out-of-stock inventory, detailed down to the item level. You gain insights into lost potential and can estimate the revenue increase achievable through appropriate measures. By conducting a comprehensive analysis of future bottlenecks, you can optimize your inventory levels and prevent revenue losses.

Four Advantages of Sales Forecasting Software
Quick Start to Precise Forecasts – Tailored for Your Future

Four Advantages of Sales Forecasting Software

Adopting precise forecasting is quick and straightforward with modern Sales Forecasting Software. This enables valuable insights into future developments to be gained rapidly, and the software can be expanded as needed. With this solution, companies not only achieve prompt results but also gain the flexibility to adapt the software to evolving requirements over time, ensuring long-term benefits.

Make Better Decisions Faster

Our Sales Forecasting Software enables you to rapidly generate informed predictions, thereby optimizing inventory and preventing bottlenecks. This provides clear insights into future requirements, facilitating efficient resource management and risk minimization.

Flexibility Through Custom Adaptations

Our forecasting tool can be flexibly extended after initial implementation. By integrating additional data sources, such as external market data or seasonal trends, you can further tailor forecasts to your specific business requirements. This provides the necessary flexibility to respond effectively to evolving market conditions.

Enhanced Planning Security Through Transparent Forecasts

With our solution, companies benefit from a transparent representation of forecast accuracy. Key metrics such as average deviations or confidence intervals offer a clear assessment of prediction reliability. This enables more secure, data-driven planning and facilitates targeted optimizations.

Early Identification of Hidden Potentials

Our software helps you identify lost sales opportunities due to insufficient inventory. These analyses provide insights into unrealized potential, enabling you to prevent future revenue losses and implement proactive measures – all based on precise forecasts.

Integrated SAC Predictive Dashboards for Sales and Inventory Data

Integrated SAC Predictive Dashboards for Sales and Inventory Data

Based on our customers' requirements for a rapid and integrated solution, our standardized "Sales Forecast" within SAC was developed. The solution provides precise predictions for sales figures at both product group and item levels, while also accommodating individual influencing factors. Data analysis and model creation are performed in R and visualized within an SAC story.

(Note: This recording was created as part of the SAP DATARetail Series. Due to the international audience, the video is in English)

Immediately Deployable Platform for Sales and Inventory Forecasting

Through the seamless integration of SAC with a powerful Prediction Engine, you gain direct insights into your data without extensive implementation effort. This enables you to quickly generate initial forecasts, prevent bottlenecks, and proactively address potential data quality issues.

You have the flexibility to operate both the Prediction Engine and SAC either in our cloud or on-premises. This allows you to optimally adapt the solution to your infrastructure and security requirements.

With our solution, you can immediately commence modeling, identify areas for improvement, and flexibly integrate additional data sources and models. The focus is on rapid value – you optimize your business processes instantly and can expand the solution as needed.

Achieving Success Together
A predefined solution complemented by our consulting expertise

In addition to providing our Sales Forecasting Software, we actively support you with its implementation and utilization. The flexible architecture of our software enables an immediate start with the forecasting solution, with our experienced consulting team guiding you through the entire process. UTo optimally address your individual use case, we contribute insights and best practices from numerous customer projects, along with our technical expertise, particularly in the ERP and SAP Analytics domains. We are pleased to support you in utilizing our Sales Forecasting Tool with the following services:

Inventory Optimization: We assist you in optimizing your inventory levels through precise forecasts. Our experts analyze your specific requirements and adapt the models to prevent overstocking and bottlenecks.

Annual Sales Forecasting: For contract negotiations, we provide reliable predictions of your annual sales figures. Our consultants support you in strategically leveraging this data to negotiate more favorable terms with your suppliers and partners.

Integration of Forecasts into Planning: Leveraging our extensive planning experience, we seamlessly integrate the generated forecasts into your existing planning processes. Whether for financial, production, or human resources planning, we ensure that data is efficiently and consistently incorporated into every type of planning.

Through this close collaboration and the tailored adaptation of our solution to your specific challenges, we ensure that you quickly achieve valuable results and can sustainably optimize your business processes. We are by your side to guide you through the entire process and ensure that you can fully leverage and utilize the potential of our software.

3 Frequently Asked Questions
Sales Forecasting Software

What technical steps are required to forecast my sales figures?

You have the choice to either utilize your own SAP SAC or export your sales and inventory data to us for import into our SAC. If you use your own SAP SAC, you merely need to ensure that the relevant sell-through data is available within SAC. Our dashboard will then be integrated there, and the Prediction Engine can be hosted either on-premises or in our cloud. This flexibility enables seamless utilization and immediate access to forecasting results.

What does the required data model look like?

The required data model comprises a two-tier hierarchy at the organizational level. This consists of regions (e.g., an intermediate warehouse or a country) and stores, which represent either physical branches or, in the case of e-commerce, distribution centers. For products, there is also a two-tier hierarchy, consisting of product groups and individual products. To enable precise forecasts, we require sell-through data from recent years (ideally on a weekly basis) for all hierarchy levels.

What type of forecasting models are utilized?

Our solution employs time series models capable of integrating additional, non-time-bound factors. This allows us to incorporate special events such as promotions or major occurrences (e.g., a FIFA World Cup) into the forecasts. This flexibility enables us to generate more accurate predictions based on historical data and specific influencing factors, ensuring your forecasts are realistic and adaptable.

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Book a Non-Binding Live Demo Appointment Now!

Utilize our Sales Forecasting Software, and let us collaboratively optimize your forecasts to make informed business decisions in the long term. Our team of experts will support you from implementation through integration into your existing processes. Please feel free to contact us for a non-binding initial consultation or a live demo.

Utilize our Sales Forecasting Software, and let us collaboratively optimize your forecasts to make informed business decisions in the long term. Our team of experts will support you from implementation through integration into your existing processes. Please feel free to contact us for a non-binding initial consultation or a live demo.