Demand Forecasting Software

Forecasting Software

MJC²'s i-Data forecasting software toolset provides demand forecasting, capacity planning, real-time monitoring, performance evaluation and MIS reporting capabilities.

  • sales forecasting system - demand planning - trending
  • predictive analytics - behavioural interpretation
  • inventory forecasting - capacity analysis - load forecasting
  • online analysis tools - configurable KPIs - strategic analysis

i-Data is fully e-enabled to allow automatic data capture from remote sites via intranet or internet, and integrates easily with ERP databases and tracking systems.

Demand Planning & Forecasting

Based on historical sales or demand data, i-Data creates strategic-level long-term demand forecasts which can be used for capacity planning, as well as shorter-term estimates of demand which can be used for tactical or operational planning of manufacturing, logistics and staffing.

i-Data uses a wide range of load forecasting systems and analysis techniques, and can be configured to take account of business-specific rules and trends. Our forecasting software is straightforward to use, and can be integrated easily with legacy databases to extract historical data.

All sales forecast planning and reporting functionality is driven by powerful and intuitive graphical user interfaces, and i-Data integrates naturally with our toolsets such as SLIM (supply chain forecasting), PIMSS (production forecasting) and e-Stock (inventory forecasting) to facilitate logistics, manufacturing and replenishment planning. i-Data is typically used for business forecasting applications such as resource forecasting, manufacturing forecasting or long-term employee planning.

 

Big Data Analytics & Predictive Optimization

i-Data allows you to tap into the ever-increasing availability of data to help the business make better, informed decisions. Combining new sources of big data with existing business analytics information provides insight into customer behaviour and demand profiles.

Predictive Analytics tools enable real-time analysis across business domains, converting unstructured enterprise information into complex, rich datasets to create new models that drive business efficiency while decreasing costs and improving customer satisfaction.

Key to i-Data's success are its data interpretation algorithms which are configured to determine information trends and patterns which are relevant to the business. Each industry sector and individual organisation requires focused business analysis processes to make the most of available information without swamping the user with irrelevant detail. Integration with supply chain planning and execution systems such as DISC or PIMSS enables the operation to respond automatically and optimally.

 

Inventory Forecasting & Capacity Planning

Our capacity planning tools enable forward planning of operational resources based on demand/activity forecasts generated by i-Data. Integration with our logistics network optimization systems allows the impact of anticipated demand on the logistics operation to be analysed. Our advanced manufacturing software creates capacity plans for production operations to optimize factory & plant utilisation at the strategic level and our rostering systems use demand forecasts to automatically generate future staff shift patterns and employee schedules, identifying potential shortfalls or opportunities for efficiency improvements.

MIS Reporting

i-Data offers a powerful and effective medium through which information can be transmitted and analysed. Containing powerful business intelligence software tools, i-Data facilitates the automatic delivery of routine MIS reports, as well as the production of strategic analyses and periodic reviews. Driven by advanced graphical interfaces, i-Data offers the user extended interactive capabilities including database querying, drill-down functionality and report configuration.

 

 

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