Sales forecast

A crystal ball could come in useful to your planning of purchases and replenishment. If you would like to know how forecast future inquiry, the solution G.O.L.D. Forecast fulfill the same task as the crystal ball.

G.O.L.D. Forecast is a complex tool for your decision-making support. It prognoses future inquiry and thus it optimizes a planning, a purchase and goods assortment replenishment. Thanks to it you can obtain reduction of operational and logistics costs with coincidental respect of commercial and marketing limit of particular retails.

G.O.L.D. Forecast system is open, built on well-known standards and thus it is no problem to interconnect it with the existing system and to eliminate a risk of dual data. Besides inquiry forecast, the tool allows even a status identification of promotions, trends and seasonal character according to departments, estimation of turnover or monitoring of targets for planned turnover reach.

G.O.L.D. Forecast tool ensures mainly following processes:

  • Evaluation of retails’ budgets: depending on sales history, the system creates a forecast for each retail unit or department for given week and it measures an effect of promotions;
  • Replenishment optimizing: the system evaluates data and based on them it consequently creates optimal rules for replenishment or assortment change for period from 3 to 6 months;
  • Promotions preparation: based on given sales target, the system proposes conditions for single products promotions (one time or permanent), it calculates their impacts and further possible development, it evaluates the inquiry for tactical period (6 weeks) and based on the evaluation it completes forecasted orders of goods for particular retails.

References:

AHOLD Czech Republic, a.s., COOP Jednota Čadca, spotrebné družstvo, COOP Jednota Galanta, spotrebné družstvo, COOP Jednota Nové Zámky, spotrebné družstvo, COOP Jednota Žilina, spotrebné družstvo

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