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Home » JDA Offers Flowcasting Capabilities to Reduce Stockouts

JDA Offers Flowcasting Capabilities to Reduce Stockouts

December 24, 2014
JDA Software Group Inc.

According to the vendor, the Flowcasting tool proactively addresses the root causes of out-of-stocks. In addition, JDA has added new algorithms and analytics that enable retailers to forecast even the most challenging SKUs, including new products and slow-moving items. JDA Flowcasting draws on multiple inputs, including point of sale, inventory and promotions, to provide a common set of plans for demand, replenishment, transportation, capacity and financial projections. The three main enhancements to the application are predictive analytics for out-of-stocks, more accurate stock levels for new products and more accurate forecasting and replenishment for slow movers. Forecasts are represented as an appropriate set of integers for use in planning replenishment. Orders for slow-moving items are evaluated based on whether it makes sense to ship the order to a store in anticipation of a sale, or hold the order.

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Transportation & Distribution Technology Forecasting & Demand Planning Sales & Operations Planning SC Planning & Optimization Consumer Packaged Goods Food & Beverage High-Tech/Electronics Retail
KEYWORDS consumer packaged goods EDI Communication (XML/EDI) Food and Beverage Forecasting & Demand Planning High-Tech/Electronics inventory control Inventory Management JDA Software Group Inc. Retail retail supply chain Sales & Operations Planning SC Planning & Optimization supply chain supply chain I.T. Supply Chain Management Supply Chain Management: Retail Supply Chain Planning supply chain systems Technology Transportation & Distribution
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