Sales Forecasting

Smart Factory / Sales forecasting

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Sales forecasting is an integral part of business management. Most companies are applying a single sales forecasting model to all the products, resulting in low forecast accuracy. Poor sales forecasting can have a significant negative impact on resource allocation, cash flow and growth planning. JACC-Sales Forecasting analyzes and categorizes products by products’ features, sales record, customer segmentation, seasonality and etc., and develops different AI predictive models for different product categories or products. Thus, JACC-Sales Forecasting enables companies to make better business decisions and planning with a good estimation of the sales demand.

Benefits:

Better inventory controls: Be prepared to manage the inventory, avoid both overstock and out-of-stock situations

Efficient supply chain scheduling: Manage production more efficiently and manage warehouse and shipping needs better

Better labour demand forecasting: Enable companies to find a right number of workers, with the right skills, at the right time

Adequate cash flow: Manage company cash flow better by knowing the peaks and valleys of demand

Other Applications

Production Scheduling

Optimize production schedules with machine intelligence and human considerations with consideration of various production constraints and capacity, and handle disruption flexibly and efficiently.

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Material Allocation

Estimate the arrival date of materials and provide suggestions on material purchasing and material allocation to different orders, to maximize utilization of inventory.

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Workforce Planning

Automatically assign jobs to workers at the right time and right cost and achieve a high level of job satisfaction.

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