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What is Enhanced Forecasting Worksheet?
The Enhanced Forecasting Worksheet app, which is part of the Enhanced Planning Pack, serves as a vital resource for optimizing material resource planning (MRP) in Dynamics 365 Business Central, enabling quicker and more informed decisions related to inventory and production processes.
• Reliable Inventory Planning: Mitigates stockout risks through data-driven forecasting, ensuring optimal stock availability when needed.
• Streamlined Stock Management: Tailored reorder thresholds and maximum inventory configurations minimize holding costs while ensuring product availability.
• Strategic Decision-Making: Utilizes both historical and predictive analytics to inform strategic choices regarding inventory, ultimately improving overall business planning.
• Increased Operational Effectiveness: Enhances inventory management processes, reducing the need for manual adjustments and allowing more time for other essential activities.
• Adaptable Solution: Expands alongside your business, effortlessly accommodating growing inventory demands without requiring complicated changes.
• Economical Planning Options: Offers a robust forecasting solution within a unified package, eliminating the necessity for additional systems or supplementary tools.
• User-Friendly Interface: Integrates smoothly with Business Central, providing a coherent and easily navigable toolkit for inventory planners.
• Continuous Improvement: The app evolves with user feedback, ensuring that it meets the changing needs of businesses over time.
What is DemFor?
Enhancing profit margins, gaining insights into competitor pricing, and accurately forecasting demand are significantly improved through the integration of AI and Machine Learning technologies. This innovative strategy led to an impressive 14.4% sales boost for a well-known American casual apparel brand by implementing more effective pricing models. By leveraging Intelligent Demand Forecasting, we combine the capabilities of machine learning with human intuition, considering a variety of influences such as local events, holidays, back-to-school seasons, school closures, community celebrations, social signals, and overarching economic trends. Our offerings include Demand Forecasting, Store Ordering, Purchase Order Recommendations, and optimized Shelf Space Allocation, all supported by ongoing Monitoring and Improvement processes. Moreover, we prioritize Intelligent Pricing to enhance sales realization and profit margins. By evaluating price elasticity across different products, locations, and times, we can strategically decide on suitable mark-ups or markdowns. Our Differential Pricing Strategies aim to avert a downward pricing spiral, while A/B testing allows us to effectively validate our approaches and results. In essence, our holistic approach not only addresses immediate sales objectives but also cultivates enduring growth and resilience in a competitive marketplace, ensuring that businesses can adapt to changing conditions and thrive over time.
Integrations Supported
Microsoft Dynamics 365 Business Central
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Insight Works
Date Founded
2008
Company Location
Canada
Company Website
dmsiworks.com
Company Facts
Organization Name
NextOrbit
Date Founded
2014
Company Location
India
Company Website
www.nextorbit.com/en/
Categories and Features
Demand Planning
Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting
Categories and Features
Demand Planning
Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting