Demand Forecasting Solution
Q2Chain's Demand Forecasting Solution, where precision and efficiency converge to redefine the way you approach demand forecasting. Our platform addresses key tasks in demand forecasting, providing mathematical methods for smoothing sales statistics, handling zero sales situations, and managing peak values
Key Tasks
01
Mathematical Methods of Smoothing Sales Statistics
Q2Chain employs advanced mathematical methods to smooth sales statistics, ensuring the preparation of a high-quality demand forecast. Our algorithms are designed for accuracy and efficiency
02
Smoothing of Zeros
Address situations where no sales occurred due to the lack of goods. Q2Chain's solution includes mechanisms for smoothing zeros, providing a more realistic and reliable demand forecast
03
Smoothing of Peaks
Manage extremely high sales values that may not be typical for a statistical sample. Q2Chain's platform incorporates techniques to smooth peaks, improving the overall stability of the demand forecasting model.
Result ☑
Convenient Automation of Mathematical Models.
Saves up to 40% of Working Time
Key Features
01
Mathematical Model of Demand Forecasting
Q2Chain's mathematical model is at the forefront of demand forecasting, incorporating trends and seasonality for a comprehensive and accurate forecast
02
Detailed Forecasting to SKU, Pieces, and Currency
Drill down to the finest details. Q2Chain enables demand forecasting with precision, detailing forecasts at the SKU level and providing quantities in pieces and currency
03
Forecasting for Stock Points and Separate Assortment
Tailor your demand forecast to specific stock points and assortments. Q2Chain allows you to build forecasts that align with your unique business requirements
04
Calculation of Seasonality Coefficients
Q2Chain automates the calculation of seasonality coefficients, providing a nuanced understanding of demand patterns throughout the year
05
Application of Approved New Product Data
Seamlessly integrate data on new product introductions into the assortment, ensuring that your demand forecast is always reflective of the latest offerings
06
Application of Approved Promotions and Events
Incorporate approved promotions and events into the overall demand forecast. Q2Chain ensures that your forecasting model adapts to the dynamic nature of your promotional activities
07
Evaluation of Forecast Accuracy (MAPE, BIAS)
Q2Chain includes tools to evaluate the accuracy of your demand forecast, utilizing metrics such as Mean Absolute Percentage Error (MAPE) and BIAS for continuous improvement
08
Convenient Graphs
Visualize your forecast data effortlessly. Q2Chain provides convenient graphs for a quick and intuitive understanding of demand patterns
09
Interactive Expert Edits
Empower your experts with interactive editing capabilities. Q2Chain allows expert interventions to refine the forecast, ensuring that human insights complement automated models
Result ☑
Forecast Accuracy of up to 97%