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Forecasting Software for sales, demand and call volumes

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Business benefits of Forecasting

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Business Benefits

Anticipating the customer demand is critical for your business. Good market forecasts means higher service levels and less working capital.


Wait a minute. We have that situation but we don't do any forecasting. Our response: oh yes you do. Someone, somewhere within your company is forecasting (and we will bet that the word "forecasting" is not in their job description).
Sales Forecasting: A New Approach, By Thomas F. Wallace, Robert A. Stahl, 2002

Manual forecasting, beside being very time-consuming has many drawbacks
  • experienced "specialists" needed.
  • forecasts cannot be reproduced.
  • not formal evaluation of accuracy.

  • On the other hand, through its technology, Lokad delivers
    • automated 1-click forecasts.
    • increased forecast accuracy.
    • secure, scalable and reliable systems.

    I am often asked to explain the benefits of Office 2.0 over traditional approaches. (...) Mobility across computers. (...) No need to backup your data yourself. (...) No painful software upgrade. Ismael Ghalimi, ITRedux.com, 2006

    Lokad through its on-demand pricing and its hosted design aims to be considerably cheaper (considering the TCO) than traditional data mining tools. Total Cost of Ownership (TCO) includes the direct and indirect costs common costs associated to a software.

    Overview

    What people say

    In the past we had to take the time to calculate by hand or using excel, which is very inaccurate. We now can do it very quickly with Lokad. Patrick Lamastus, owner of Geisha Coffee Roaster

    Lokad can help us by seeing our seasonal changes and helping to predict required stock levels. We have run dry of certain products at a crucial time and then found our suppliers have done the same - we lost sales. Chris Cooper, Director of Busy Outdoors Ltd

    More success stories.