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.