Improve Forecast Accuracy, Smooth Production

Predicting when orders will be received from key retail customers is a difficult job today for manufacturers. If forecasts are off, unexpected orders can arrive that throw production into a tailspin that can lead to shorted orders, empty shelves, and unhappy customers. Manufacturers need a better way to forecast when retailers will order product, this is where TR3 steps in to help.

This consulting engagement uses the TR3 On-Demand solution to analyze a supplier's data to develop a predictive model for retail ordering. TR3 On-Demand analyzes all the available data to come up with a better forecast for orders, POS, inventory, historical orders, pricing, promotions even weather. The output is a more accurate schedule for upcoming orders so that manufacturers can better plan their production and allocation process to meet consumer demand. We also add in time with a CPG expert who will help suppliers tweak and customize the ordering models to be used in their internal systems.

By working with TR3 customers can improve sales, lower inventory and production costs, stay in compliance with retailers and ensure that the correct amount of inventory is always available to meet the needs of the consumer.

Manufacturers have looked to our team for more than 15 years to help them solve their collaboration needs. We've worked with thousands of manufacturers in the past, including industry leading private label and branded manufacturers across many product categories. Our track record of delivering mission critical solutions in the areas of ERP, B2B e-commerce, Business Intelligence, Global Data Synchronization, EDI, RFID, Retail Sales, Replenishment and Promotions.

To learn more please call us at 781.481.0700, or simply send us a note to schedule a webinar today.