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Never out of stock forecast
A3 calculates the latest forecast for your core styles based on
the trends of market demand and season pattern. The actual demand
comes from the sales order lines (selling in) and if available from
the point of sale (selling out). Depending on the recognized pattern
A3 automatically selects the best-fit calculation model to forecast
future demand. All statistical calculation models are present and
used by A3. No statistical knowledge is required from the end user.
A3 automatically judges the forecast accuracy and if necessary the
error feedback system is activated.
New product forecasting
Fashion companies often introduce new core styles. At the start of
the product life cycle these styles have far too little sales history
to calculate a forecast using traditional statistical techniques.
You could use the season pattern of the product group or work with
reference styles, but they might give highly inaccurate results,
because the start up profile, market acceptance, cannibalization
and substitution are not taken into account.
Therefore A3 has developed a technique that goes beyond traditional
statistics. The A3 metacurve technique analyses the start up profiles
and demand patterns of all your styles and product groups ever introduced.
Based on this product life cycle analysis, A3 will select the best
fit metacurve to forecast future sales. This technique enables you
to forecast new products with no or very little history.
The forecast quantities can be split over the sizes automatically.
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