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