KeyCast™ Forecasting

KeyCast™ is the crystal ball that projects future requirements for products for materials requirements planning purposes, particularly helpful with long acquisition lead-times. Planning for the future requires making a guess as to what will happen next. The better the guess, the better the result. Reliable short-term KeyCast™ forecasting increases the accuracy of materials replenishment requests, improves customer service and reduces operating costs.

How it works

KeyCast™ uses daily demand data to create a demand pattern for an individual SKU. Since no single forecasting technique works for all demand patterns, KeyCast™ analyzes the finished good demand pattern and selects a forecasting method that best matches the pattern. Using this "focus forecasting" approach, KeyCast™ delivers the best short-term forecast of expected demand for the next period. KeyMetrix™ solutions focus on decision processes that are appropriate to the situation. If the goal is to use past sales to accurately predict near-term demand for every item, then the forecasting methods should be specifically tuned for this result. KeyCast™ focus forecasting methods outperform more complex procedures for near-term forecasting. Shouldn't you be using the best?

KeyCast™ forecast features:

• Forecast by SKU, summed into sub-totals by product groups
• User-selectable periods (weekly/monthly/quarterly) and forecast window
• Automatic selection of focus forecast method (by SKU) during forecast pre-processing
• Option for manual override of forecast method (by SKU)
• Option for manual entry of forecast values for future periods (by SKU) where history is not the best prediction method

Facing a fuzzy future?

Accurate, flexible short interval forecasting helps you match supply with demand.