Demand Forecasting System for Small and Medium-sized Enterprises and Small Businesses
CustomForecast
A demand forecasting system that allows small businesses to understand 'the likelihood of sales' and 'the necessary inventory levels' is available for free.
Demand Forecasting System CustomForecast It has been developed as an affordable and easy-to-use system to contribute to the sound management of small and medium-sized enterprises.
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basic information
The CustomForecast forecasting method is a derivation method for a forecasting model that combines both the moving average method and the exponential smoothing method. First, the moving average method is used to calculate the monthly index of the data, which is then reflected to extract the trend from the time series data. Next, by applying the improved original series data to the exponential smoothing method, superior forecast values are derived. This allows for the construction of a forecasting model that takes into account both seasonal trends and recent weights. The smoothing constant in the exponential smoothing part utilizes the optimal solution obtained from parameter estimation of the ARMA model. For the validation of the forecasts, comparisons are made with forecast values derived solely from the exponential smoothing method, and further analysis is conducted by comparing these with forecast values derived from the ARIMA model, resulting in desirable numerical outcomes.
Price information
Small businesses can use it free of charge.
Delivery Time
Applications/Examples of results
It is utilized for the improvement of the following operations: Sales planning Purchasing planning Production planning Ordering planning Inventory management Inventory optimization (inventory reduction, prevention of stockouts)
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Company information
We are a group of experts well-versed in management and IT utilization. In addition to consulting, we provide solutions with a wealth of implementation experience, such as demand forecasting systems, which have received high customer evaluations. Main Solutions: ◆ A demand forecasting system (demand forecasting software) used worldwide (we are the only authorized distributor of SmartForecasts in the Asia region). ◆ A demand forecasting system (demand forecasting software) developed in collaboration with academia for small and medium-sized enterprises (we are the general sales agent for CustomForecast). ◆ An automatic ordering support system based on sales plans and inventory information. ◆ A low-cost, high-performance production planning scheduler called "Sakura Scheduler."