Forecast*21

Direct Tech's Forecast*21 Software for Demand Planning and Inventory Forecasting

Direct Tech’s flagship product, Forecast*21, combines item demand forecasting and inventory analysis and planning tools to help multichannel direct merchants 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 multichannel catalog and internet merchants, 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 create timely, accurate demand plans and seamlessly integrate them into full-featured 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
Report key inventory planning and purchasing metrics across the organization
Create unit and dollar forecasts, utilizing top-down and bottom-up tools
Allocate forecasts by style, 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
Integrate demand plans into the Master Schedule
Perform inventory analysis in three easy steps --
1. Identify problems through Hot Lists,
2. Use what-if planning tools to identify optimal purchase orders, and
3. Build the purchase order and email to vendor.

Learn how clients increase sales and profits with Direct Tech.