Engineered to make the fulfilment process more intelligent, supply chain forecasting software helps logistics companies boost efficiency, improve warehouse performance, and accurately manage capacity using cutting-edge data science and predictive analytics.
Popular methods of supply chain forecasting
Supply chain forecasting models empower logistics providers to make decisions through data. There are three types of forecasting solutions often used by logistics companies:
- Supply forecasting, which analyses supplier data to determine product quantities and dates of availability.
- Demand forecasting, which analyses customer data to determine purchasing patterns and customer behaviour.
- Price forecasting, which takes into account supply, demand, and external factors such as weather to determine the cost of goods throughout the supply chain.
Armed with forecasting information, logistics providers can transform their organization into an intelligent, streamlined operation.
Introducing supply chain forecasting to your logistics organisation
ELEKS helps logistics companies implement the right supply chain forecasting solutions for their business. From technology consulting to custom software development, ELEKS' data scientists and domain experts can identify gaps in the logistics process and extract valuable insights from your data.
Logistics software that we build for our clients can seamlessly integrate with major CRM, ERP, CRM, as well as customer's internal systems, creating holistic solutions that work throughout the enterprise. Contact us today for a more intelligent, efficient logistics operation.
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