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"We are confident that Shaw's will significantly benefit from each application and that the SmartOps solution will allow us to operate even more effectively."


Michael Griswold
Business Program Leader
Shaw's Supermarkets


Forecasting

Adaptive Structural Forecasting Improves Demand Forecasting



Is there such a thing as a "big picture" view that also shows all the critical details that are most prone to change? Yes: SmartOps Adaptive Structural ForecastingTM (ASF). Every node in the supply chain needs an accurate forecast of demand. However, for many companies, aggregate forecasts are drawn from locally available data only. What's missing is a unified, accurate forecast at the item and location/store level. SmartOps ASF provides a new, unique method for making accurate forecasts that factor in seasonal and promotional variability.

Benefits

  • More Accurate Forecasts
    • Reduce subjectivity in the forecasting process
    • Capture and identify demand trends, seasonality, promotions, events, and other structural factors of demand
    • Create accurate location level forecasts by SKU and by time period
  • Higher Revenues
    • Reduce number of lost sales
    • Increase customer satisfaction
    • Improve promotional and seasonal planning
  • Lower Costs
    • Lower handling and expediting costs
    • Significantly reduce the manual efforts associated with forecast adjustments
    • Use a single forecast to connect and drive each stage of supply chain
    • Automate and integrate forecasting for majority of SKUs

Key Capabilities

  • Uses historical demand data and future events to determine holiday, promotion, and event lifts
  • Interprets raw historical data and flexibly represents causal/external factors
  • Automatically feeds forecasts into inventory planning systems and can integrate with other SmartOps solutions to optimize inventory and replenishment decisions
  • Incorporates latest data and adapts the model appropriately to respond to changes in sales patterns