Forecast Accuracy
In a recent AMR report, demand forecast accuracy creates high responsiveness and cuts cost right through the supply chain. Companies that are best at demand forecasting average 15% less inventory, 17% stronger perfect order fulfillment and 35% shorter cash-to-cash cycle times, while having the tenth of the stock-outs of their peers.
Over 1,250 Logility customers are proof that our comprehensive demand planning solution helps improve supply chain performance. Among them:
- Constellation Wines – reduced forecast error by 50%
- Williamson-Dickie – decreased stock-out cancellations by 50%
- Hooker Furniture – reduced inventory by 41%
- Shaw Industries – improved forecast accuracy by 19%
Download your free technology white paper, “Are All Products Created Equal? Utilizing Multiple Forecasting Methods to Increase Forecast Accuracy.” Or call 1-800-762-5207 today!
