Collaborate To Simplify Complex Planning Tasks

WSSI / MSSI: Maintain the flexibility in going after opportunities as they arise

• View the sales plan at a weekly level
• Ensure an even allocation of products based on projected sales against stock
• Analyse OTB by Channel or any combination as you adapt to needs of the season

Merchandise Planning: Target Margins and Product Mix

• Co-ordinate different departments and perspectives
• Maximise sales opportunities and minimise losses from excessive markdowns and out of stocks
• Place the right product in the right store at the right time

Allocation Planning: Create an effective distribution plan

• Execute the plan, adjust for trends, re-allocate in line with constraints and capacities
• Optimise the ‘push’ to store
• Build inventory for peaks or promotions or clear to maximise margins

Promotion Planning: Boost the profits on promotions

• Use your previous promotions to predict the potential impact of your planned promotions on volumes, turnover and margin objectives
• Consider all aspects of the promotion e.g. trade spend, redemption rates, etc
• View actual performance versus planned for effective, informed in-flight promotion management
• Evaluate the success of any promotion, using your original plan versus actual results

Statistical Forecasting: The easy way to create sophisticated forecasts

• Apply complex statistical demand forecasting techniques using best practice algorithms at the click of a button
• Machine Learning / AI analyses historical sales, forecast parameters, and user adjustments to give insights on how to improve your future forecasts
• Automatic reporting of accuracy, bias and stability
• Improve the forecast accuracy by SKU at the lead time fence

Collaborative Demand Planning: Build a more accurate, effective demand plan

• Use sofco’s Demand Planning software to create the most effective plan with input from across your different business functions and external partners
• Give ownership to different people for their section of the plan. Filter by area, markets, channels, products, product families and more
• Consolidate your plan and share it within the S&OP cycle for review and approval

Scenario Planning: Simplify complicated scenarios

• Get the visibility you need to choose the most appropriate forecast
• Develop optimistic, pessimistic and most likely case forecasts and compare them side by side
• Create graphics and simulations to show the performance of different demand plans

Replenishment Planning: Right stock, right place, right time

• Know when and how much to deliver to your point of sale and distribution centre locations
• Plan inventory levels in terms of volume and coverage of demand
• Automatically generate suggested plans for release to transactional systems, and create purchase / distribution orders that respect planning rules
• Project future stock outs, and see target, safety and max stock violations using clear exception dashboards

Sales Budgeting: Produce better sales budgets

• Achieve better results by breaking down silos and working on your sales budgets as a team in a single system
• Define your sales budgets against macro business sales objectives for real impact
• Aggregate your detailed bottom up forecasts for comparison with your budgets
• Manage multiple budget versions