Forecast NOW! is an Inventory Optimization and Demand Forecasting system that tackles overstock issues, eliminates stock-outs, and ensures optimal inventory levels for warehouses and retail stores. The solution is tailor-made for multiple industries, including food, household chemicals and cosmetics, auto parts, electrical goods, home essentials, medical products, industrial equipment, and more.
After 12 years of thorough research, we tested all existing algorithms using real-world data. Ultimately, probabilistic models serve as the foundation of our system, given their proven effectiveness in real business scenarios. Our algorithms consider promotional activities and seasonal trends while incorporating a robust financial risk model. Forecast NOW! can handle unforeseen situations such as sudden spikes in sales, risks of supply shortages, changes in delivery schedules, and the need to write off expired inventory, even if their likelihood is minimal.
Forecast NOW! seamlessly integrates with any accounting system: SAP, Oracle, Microsoft Dynamics, etc. The implementation process does not disrupt existing business processes or staffing schedules. The typical deployment phase, including a pilot project for a seamless transition, ranges from 1 to 6 months.
Key outcomes:
- 15-30% reduction in average inventory levels while maintaining sales figures.
- 20-40% decrease in excessive inventory.
- 5-15% increase in the satisfaction rate of demand.
- 15-25% boost in inventory turnover.
- 10-20% enhancement in inventory profitability.
- Reduced order processing time from a few hours to 20-30 min.
Company Details
- Employees
- 7
- Founded
- -
- Address
- Mednikovskaya 51, Tver,170100,russian Federation
- Industry
- Software Development
- NAICS
-
Software Publishers
- Website
- fnow.ru
- Keywords
- SCM, demand forecast, retail, software development, demand forecasting, Inventory Management, distribution, inventory management system, automatic order, autoorder, order optimization, probabilistic forecasting, inventory optimization.
- HQ
- Tver
Forecast Now! Questions
Forecast Now!'s website is fnow.ru
Forecast Now!'s LinkedIn profile is https://ru.linkedin.com/company/fnow
Forecast Now! has
7 employees.
View email and phone details for 7
employees at Forecast Now!.
Forecast Now!'s industry is
Software Development
Forecast Now!'s top competitors are
Ip Davydov Alexey,
Hawqr,
Star Micronics Uae Distributor,
Carshala,
Nextg Consulting,
Growhatch Digital,
St Croix Dock, Inc.,
Forecastnow,
Freshbags,
Doorclick.
Forecast Now!'s categories are Software Development
Forecast Now!'s founding year is 2011
