ASCTrac Demand Planning
To provide complete future demand planning for your business supply chain, ASC has
a statistical based forecasting module that is seamlessly integrated to your ASC WMS and manufacturing solution.
The module uses proven exponential smoothing formulas to mathematically project your future inventory requirements for sales. Additionally, it can use the same forecasting statistical methods to project and auto-create your Purchase Orders or PO Requisitions (using our planning workbench.)
Our
modules are totally integrated with the warehouse and manufacturing modules
and other automated interfaces to track all inventory
levels throughout your entire supply chain for
real time information.
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ASC Demand Planning Module:
- ability to forecast future demand
- ability to forecast future purchasing
- supports seasonal and standard period analysis
- can auto-create Purchase Orders or PO requisitions
- use to project rental returns and availability
- can use EDI forecasts from clients
- ability to add sale's overrides
- take control of your inventory peaks and valleys
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Take Control of Your Inventory
The primary function of the ASCTrac Demand Forecasting Module is to allow you to visually predict your future supply chain inventory requirements (called "demand") for your facility or for your entire Enterprise. To create this advanced modeling tool, "ease-of-use" and "proven statistical methods" were the two main requirements that we used. Whether your business is seasonal or otherwise, you can predict your future inventory demand using your sales history. This will allow you to take control of your inventory in a pro-active mode, not work in a re-active mode.
Since ASCTrac is combining the views to
all of your Purchase Orders and
Customer Orders, you (or your planners) will have full
ability to do statistical demand planning with all of the critical information at their fingertips in one module. If
desired, you can combine with our Production Planning (MRP) Module to auto-create Work Orders, auto-create component Purchase Orders, and see lists of required components, etc. This information gives you an
even better picture of your
supply chain manufacturing
processes based upon forecasted demand.
Automatic Purchase Orders or Purchase Requisitions:
The secondary feature of our Demand Forecasting Module is the ability to ask the system to auto-generate your Purchase Orders (PO) or Purchase Requisitions (PR). During this process, you have the flexibility to adjust the PO or PR by adjusting the quantities or the requested delivery dates to the vendor. This step creates a list of PO's in the ASC Planning Workbench process for you to plan or adjust before releasing to the purchasing system. If you have an external PO financial system that ASCTrac is interfaced to, ASCTrac will create the PR and submit all of the details to the financial system for its business rules in the PO approval process; else ASC will handle the PO as you have it configured to do.
Supply Chain Visibility:
With the ASC
Demand Forecasting Module, you will have
a clear (and accurate) picture of the products
on actual customer orders with the time slots for delivery of those goods plotted with the actual inbound goods (purchased or manufactured.) Next, the forecasted sales-demand (purchased or manufactured), the dates at
which these products will be
available, the dates that
components will be required for
production, and the net result of the demand planning horizon. Any situations where the goods will fall below the amount required will be flagged in red to indicate an action for the planner. This will provide easy access to see what items need action to insure 100% delivery on time of goods.
Executing the Planning Workbench functions allow POs to be created, EDI to be generated is required, host ERP
connectivity for financials, and
many other features.
Features:
- Fully integrated to the ASCTrac system
- Calculates projected future demand to your time periods
- Uses exponential smoothing methods to calculate demand per period
- Calculates projected PO or PO requisition requirements
- Uses exponential smoothing methods to calculate PO quantities
- Creates PO or PO requisitions
- Calculates floating Safety Stock, Reorder Point, EOQ, average lead times, average historical use, and allows sales input for multiple overrides
- Can be used to feed the ASCTrac Production Planning Module (MRP) module for production
- Views and reports to allow visual alerts
- Has multiple ways to view the statistical data
- Supports Kit and Bill-of-Material items
- Can be used to manage a rental business for "expected quantity available" in the future
- Works in conjunction with the financial system
- Ability to import your history upon a startup
- EDI connectivity allows system to update inbound advice or accept client-based forecasts
- Real time visibility
to every facet of inventory in one module
- Fully integrated to the other ASC
modules for ERP
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If you need more advanced functions than what we provide in the ASC Demand Forecasting Module as described above, then we have partnered with Rockysoft so that you can utilize their product and WMS data can pass to their product for use in their Demand Manager module. They have a very advanced demand forecasting that can calculate demand using more formula-based methods. Please contact us for more details.
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See our
other module pages for
additional functionality and
details. Information on
other available modules (and the
tremendous features list) can
also be obtained by contacting
ASC or one of our Solution
Partners.
(Note: Specifications are
subject to change without
notice. All product and company
names are trademarks, service
marks or registered trademarks
of their respective owners.
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