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Are you still relying on Excel for demand planning and forecasting?

Are you still relying on Excel for demand planning and forecasting?

In our recent research we found that companies are still relying mostly on Excel based spread sheets for demand planning & forecasting. Another interesting fact that we observed that they have invested multi-million dollars behind implementation of legacy ERP solutions but still using Excel for demand planning. These legacy ERP solutions bring very beautiful benefits like processes streamline, integration and transparency but it has its own limitations like very complex, not flexible, costly and require lot of training.

FMCG, Pharmaceuticals, Healthcare are few of the industries doing their business in intense cut-throat competitive environment and the success mantra for exceling in this scenario are lean supply chain cycle, resource optimization and just-in-time-delivery.

These all above mentioned benchmarks you can achieve only through effective demand planning and forecasting. Excel based spread sheets are obviously the cost effective solution but if you are doing business in multiple countries, dealing in multiple products then it’s not reliable solution added with error prone and unsecure data.

Few companies are manually injecting these excel based demand planning data to satisfy the management but that is not actually serving their purpose as these legacy ERP solutions are not able to collect secondary sales or retail sales data and these spread sheets has been developed by taking sales team assumptions. So it’s not always reliable.

FForce-demand planning software is a web based solution with cloud mobility allow you to capture your secondary sales and its intelligent system will automatically forecast based on the actual historical accumulated sales (primary and secondary).

It further enable you to take quick effective decision like purchasing cycle, quantity level, reduces the juggle of purchase manager and streamline the purchase workflow. The ad-on solution helps purchase manager by automating the processes of identifying potential suppliers, suppliers evaluation, suppliers quote evaluation, forwarding purchase orders to the suppliers, and billing processes.

So it’s time to replace your demand planning spreadsheets with FForce, dynamic and affordable cloud based demand planning software that can plug with any ERP system. The result improved forecast accuracies, optimize inventory, satisfied customers and happier you!

Reasons to upgrade

  • Enhance accuracy level in demand planning
  • Inventory optimization and eliminate stock out or shortages
  • Centralized platform which provide holistic view of overall consumer demand
  • Improve purchasing cycle and process
  • Ability to plugin with any ERP solution
  • Ready to deploy in any industry
  • Web based solution very easy to use

Are you ready to replace your Excel spread sheets with FForce?