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The fulfilmentcrowd platform offers powerful eCommerce forecasting tools, combining sales analysis, inventory planning and buying features. Designed for omnichannel brands, it streamlines supply chain forecasting, supports growth and enhances operating margins.
Accurately predicting future sales demand enables smarter buying decisions, freeing up precious capital that might otherwise be tied up in excess inventory. With advanced forecasting tools, your business maintains optimal stock levels, ensuring better financial agility.
By effectively planning inventory levels, you can consistently meet customer demand, reducing the risk of stockouts and backorder delays. This ensures a seamless shopping experience and improves customer retention.
Forecasting software aligns your storage, shipping, and manpower requirements, enabling efficient resource allocation. This enhances operations, reduces supply chain costs, and improves profit margins, driving growth for omnichannel brands.
The forecasting module has been designed for omnichannel retailers managing complex supply chains and stock demand. The platform gathers purchasing data, order information, and inventory levels, applying time-series behavioral algorithms to uncover trends and predict future demand with precision.
Maintain optimal stock levels to meet fluctuating demand
Enhanced buying decisions using actionable trend insight
Improved stock turn, cashflow, and operating margins
Forecasting thrives on data, data and more data, connecting campaign planning and sales with supply chain operations and purchasing, driving positive financial results. By connecting these elements, businesses can achieve positive financial outcomes. It is an indispensable tool that empowers businesses to make smarter, data-driven decisions, ensuring operational efficiency.
“We stock a range of 5000+ SKUs so forecasting takes a lot of legwork out of our forward buying process”
Teun Platteel, United Legwear
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Very! We would expect that in normal trading conditions, the demand forecast is accurate to within +/- 15% on product sales and order volume. By analysing product sales and order volume, the system ensures reliable predictions that enable businesses to maintain optimal inventory levels and meet customer demand. Accurate forecasting is crucial for reducing stockouts, preventing overstocking, and ultimately improving the customer experience.
Yes, forecasting data stored in the fulfilmentcrowd platform is accessible via an Open API, allowing seamless integration with your existing systems. This enables you to access real-time data, ensuring you can make data-driven decisions quickly and respond to market shifts with agility. Real-time updates help you maintain efficient supply chain operations and optimize inventory management while staying ahead of demand fluctuations.
Expect a major impact. Many growing companies tend to overbuy to avoid stockouts and ensure they never run out of products. However, forecasting software is a far more effective approach for inventory management. By leveraging advanced algorithms and analysing past sales data, forecasting can predict demand trends more accurately, helping businesses maintain optimal stock levels. This ensures the right amount of stock is ordered at the right time, reducing the risks of both stockouts and overstock situations, which ultimately leads to better cash flow and reduced costs.
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