Supply & Demand Planning

In today's dynamic business environment, manual procurement processes can be a recipe for disaster and keeping up with fluctuating demand can be a constant struggle. VAI’s Supply and Demand empowers you to overcome these challenges and achieve procurement excellence.

Key Features:

Sales Forecasting

  • Leverage multiple advanced algorithms like exponential smoothing, linear regression, and Holt-Winters, to analyze historical sales data and identify trends in customer buying habits
  • Automatic algorithm selection for each item to maintain the highest accuracy for that specific product, ensuring the most precise predictions
  • User adjustments and customization to manually adjust future predictions based on your expertise and insights into upcoming promotions or market shifts, for even greater forecast accuracy
  • Ongoing adjustments through real-time insights of the effectiveness of your forecasts by comparing them against actual sales data

Demand Modeling

  • For items with limited sales history or unpredictable demand patterns, such as seasonal products or new offerings, create customized profiles that reflect your specific expectations
  • What If? Scenarios to adapt to changing environments; simply enter your expected change for the item, and the system will automatically generate an updated prediction

Suggested Purchasing

  • Analyze past sales and usage data to identify trends and consumption patterns
  • Based on these insights, the system generates suggested purchase orders that ensure you have the right amount of inventory on hand to fulfill customer orders without incurring unnecessary carrying costs associated with excess stock
  • While the system provides suggestions, you can still review and adjust these recommendations based on your knowledge of upcoming promotions, supplier lead times, or any other relevant factors to ensure optimal inventory levels

Target Buying

  • Target buying allows you to take advantage of cost savings offered by vendors through volume discounts
  • Set target buying goals by dollar amount, quantity, units, cubic feet, weight, or even number of pallets. This flexibility allows you to tailor your strategy to the specific discount structure offered by each vendor, maximizing your savings
  • The system analyzes your target goals and recommends the optimal mix of items to purchase to reach the target and maximize cost savings. This eliminates guesswork and ensures you achieve the most advantageous pricing from your suppliers
  • Enables you to compare the potential cost savings from volume discounts against the additional carrying cost of holding more inventory, allowing you to make informed decisions about whether reaching the target makes economic sense for your specific situation
Supply & Demand Planning

Stocking Shelves and Maximizing Margins With Supply and Demand Planning Software

Stocking Shelves and Maximizing Margins With Supply and Demand Planning Software
Supply and Demand Planning (SDP) has never been more important for companies of all sizes across industries. Using historical data going back a few years, AI-powered SDP tools enable companies to better conduct sales forecasting to plan inventory and improve purchasing decisions. AI also helps enterprises understand “dead stock” by identifying products that haven’t been sold to make sure they’re not reordered.

Read our full report to learn more.

Download Your Copy

By clicking “Submit” you agree that VAI will process your personal data provided in the above form for communicating with you as our potential or actual customer or a client as described in our Privacy Policy. In accordance with 10DLC Compliance your phone number will not be used for Application-to-Person (A2P) type messaging via standard 10-digit long code (10DLC) phone numbers.