Executive Briefings

Logility Releases New App for SKU-Level Forecasting

Logility Inc. has made available a new application that enables SKU-level planning for products where traditional forecasting techniques are ineffective.

Logility Voyager Solutions Proportional Profile Planning was designed for situations where the SKU count is too large for individual interaction, the family-level plan is predicable but the unique configuration of items has sporadic demand, or final product specifications are not defined at the time a sourcing commitment must be made. According to Logility, the tool simplifies the forecasting of future demand for each product by modeling historical patterns of items with similar attributes. Planners can gain visibility of a supply, sourcing and production plan earlier in the product lifecycle, adjust assortments accordingly, and reduce "noise" in the planning process. The application addresses such product characteristics as finish, style, color, gender, region, speed, power, material type, trim level and configuration.

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Logility Voyager Solutions Proportional Profile Planning was designed for situations where the SKU count is too large for individual interaction, the family-level plan is predicable but the unique configuration of items has sporadic demand, or final product specifications are not defined at the time a sourcing commitment must be made. According to Logility, the tool simplifies the forecasting of future demand for each product by modeling historical patterns of items with similar attributes. Planners can gain visibility of a supply, sourcing and production plan earlier in the product lifecycle, adjust assortments accordingly, and reduce "noise" in the planning process. The application addresses such product characteristics as finish, style, color, gender, region, speed, power, material type, trim level and configuration.

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