Inventory & Production Demand Forecasting

High customer expectations and increasing competition are forcing companies to change the way they do business. Businesses need to streamline operations, manage their supply chain while reducing inventory and cost while simultaneously improving service. This is the ongoing challenge for any business that is going to thrive in today's markets.

Aligning your sales forecast to your inventory and production strategy is essential to ensure profitability. PROPHIX allows you to integrate you to effectively integrate your forecasts so different departments are properly aligned. When a sales forecast is submitted a PROPHIX model can generate a production schedule and the necessary equipment and parts required to fulfill the requirement. PROPHIX workflow engine helps ensure stakeholder collaboration and ensure goals are achieved.

PROPHIX allows you to compare previous budgets and actual to understand the relationship of key events or seasonal demand. Understanding this relationship relative to your business is vital for managing a company's cost structure.