Forecasting affects more than just the inventory position of a company. [basic-code]™ has helped companies save hundreds of thousands of dollars, across multiple departments, with its Sales Analysis and Forecasting applications.
Here are a few examples:
Corporate Performance – One [basic-code]™ client gained visibility to its inventory performance and reduced SKUs by 50%. This led to a 64% reduction in the cost of inventory which resulted in $1.0 Million in savings. Another client increased its turn from 6.0 to 8.2, reducing their average inventory by $2.2 million! Operational performance improvements, like increased turn, enhanced profits and inventory reduction are results of good Forecasting. These improvements lead to improved cashflow across the company.