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Direct Tech’s flagship product, Forecast*21, combines item demand forecasting and inventory analysis and planning tools to help catalog and e-commerce companies improve forecast accuracy, order fulfillment, inventory turnover, sales and profits. Since its release in 1996, Forecast*21 has helped large and small customers to more profitably manage hundreds of thousands of SKUS and billions of dollars in sales and inventory.
Developed specifically for today’s catalog and e-commerce businesses, Forecast*21 enables you to optimize inventory levels and improve management reporting, while remaining responsive to changing market conditions and consumer demands. Forecast*21 helps you to:
- Improve demand planning/reduce forecast error rate
- Reduce lost sales and backorders
- Increase inventory turnover
- Manage large numbers of styles and SKUs efficiently and accurately
- Improve management understanding of forecasting and inventory management process and performance
- Increase sales and profits
Features
The key to Forecast*21 is the ability to more accurately predict and manage product forecasts. Then seamlessly flow these into our inventory analysis and purchasing tools. Well designed exception reporting is used throughout. This combination of targeted exception reporting and efficient data management tools provides you with the ability to:
- Focus on the highest priority forecast and inventory issues
- Provide reporting of forecast and inventory information to all management levels, from senior executives to front-line analysts
- Create demand unit and dollar forecasts by style and by offer, utilizing top-down and bottom-up forecasting tools
- Detail forecasts by color and size to create SKU-level plans
- Apply weekly demand curves to establish weekly demand plans by SKU
- Forecast demand for kits, sets and manufactured items
- Flow weekly demand plans into the inventory Master Schedule for inventory analysis and planning
- Perform inventory analysis in three easy steps --
- Identify problems through hot lists,
- Use what-if planning tool to identify optimal purchase order,
- Build the purchase order and email to vendor.
Options
Available for all size companies, Forecast*21 is available in our:
- Enterprise Edition for medium and large companies
- Standard Edition for smaller companies
Contact us today for more information or for an online demonstration.
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Testimonials
"…the Direct Tech consultant has clearly 'been there and done that.' I would highly recommend an engagement with Direct Tech.”
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