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Forecasting

YOUR CUSTOMER DEMAND DATA AND OUR MACHINE LEARNING TECHNIQUES PROVIDE THE FOUNDATION FOR YOUR SUCCESS

In the age of Amazon, Pandemics, and other market disruptions, your inventory and finance teams need the best machine learning (ML) and artificial intelligence (AI) technologies available.  With P4, your company will go far beyond traditional inventory management techniques to a modern solution with cutting-edge forecasting and replenishment technologies.  Automated ML algorithms are built into the P4 solution that provide the foundation for optimizing your inventory, maximizing profits, and maximizing customer service levels.  Your company, customers, and suppliers rely on accurate forecast information - P4 provides the most advanced tools so that you can not only manage your forecasts, you can bank on them.

The importance and benefits of accurate forecasts should not be underestimated
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The measurement of forecast error is just as important as the forecast itself. Many leading supply chain software vendors still utilize antiquated forecasting solutions.  In many cases, these solutions are based on algorithms popularized in the 1960s.  While these systems "work", they are costing you or will potentially cost you millions of dollars in unnecessary inventory and lost sales.

  • Have the ability to optimize service levels, safety stock investment, and other supply chain costs

  • Maximize customer service levels on a given investment in safety stock inventory