Advanced Forecasting & Replenishment
Forecasting and replenishment science and technologies have advanced substantially over the past few years. Data has become more available and less expensive to store and transmit. Computing power, especially utilizing the cloud, has become far more cost-effective and scalable. User interfaces have become much more intuitive, powerful, and easy to use.
P4’s solutions take full advantage of all these advances. Our forecasting algorithms use all of your customer transactions, not just summarized demand. Our forecasting models understand many demand patterns that other systems simply assume are random. By quantifying these patterns rather than chalking them up as randomness, we are able to predict future demand patterns with much more certainty and accuracy than other systems. In a forecasting system, the more demand patterns that you can model rather than assume are randomness, the better the forecast. This increased accuracy translates into improved service levels to your customers at a much lower cost than you’ll achieve using any other solution.
Since our solutions run on the cloud, you can leave all of the technical difficulties to us. We’ll worry about backups, security, obsolescence and all of the other technology costs. Your users just need a browser.
Your users will love the power and intuitiveness of their new user interface. They will be amazed at how productive and efficient they are. More importantly, once live on the P4 solution, you will be amazed at how your entire company is operating much more efficiently and profitably.
"It's tough to make predictions, especially about the future"