Demand Planning with Solvoyo is designed to help planners build an accurate and consensus forecast by bringing together big data analytics and statistical forecasting coupled with a collaborative platform that facilitates inputs from sales, marketing and finance teams.
Solvoyo clients uniformly leverage demand planning as one part of a synchronized end to end planning platform that optimizes supply chain operations to meet target service levels, inventory or profit goals.
Key features of the Solvoyo platform include:
- Machine learning algorithms that drive best pick demand forecast from an array of 30 plus forecasting methodologies
- Real time analytics that compares actuals to forecast and alerts planners to changing forecasts or forecast exceptions that require immediate attention
- Collaborative sales planning functionalities that enables the sales team to provide added market intelligence to forecasts
- Enhanced forecasting capabilities covering product life cycles, trends, seasonality, and promotions
- Authorization-based collaborative forecasting capability
- Master data management tool that dynamically maps history to changing product hierarchies and families to drive accurate granular forecasts