SAS Retail Forecasting

Discussion in 'Phân phối & Bán lẻ' started by bsdinsight, Dec 26, 2014.

  1. bsdinsight

    bsdinsight Well-Known Member

    sas-retail-forecasting-1.jpg
    SAS® Retail Forecasting
    Delivering value across the retail enterprise

    Predict consumer response to price changes and promotional activity in order to generate a demand forecast at the store level. You can forecast demand for long- and short-lifecycle retail products by considering critical causal factors – price, promotions and marketing activity – and analyzing the effects across the whole category.

    Benefits

    Maximize stock coverage, minimize costs.
    Improve forecast accuracy by analyzing consumers' response to price, promotion, marketing and operational activities and their effect on demand. Price and promotions will affect demand more than any other single factor. Most retail forecasting solutions do not consider price a causal factor when generating forecasts, but it's a core component of our solution.

    Increase inventory turns.
    The net result of improving accuracy is more balanced inventory levels. If excess stock is removed from the supply chain, stock will move faster through it, increasing the number of times it is replenished. This means there is a shorter period between when the stock is ordered and sold, leading to fewer cash tie-ups. With a typical 30-day payment term, the stock could be sold before payment is due.


    Model future prices and promotions.
    Quantify consumer response to a change in price or a promotion so you can better plan and generate demand forecasts for future prices and promotions.

    Forecast the effect on a whole category.
    Advanced analytics helps you understand each item's relationship with other items in the category, and considers "cross-effects" when generating a demand forecast.


    Forecast space more accurately.

    Having a better understanding of demand means that it can be used as an input to the space management function in order to calculate ROS, stock holding, turns, safety stock and, therefore, required space.

    Follow an easy upgrade path.

    The system forecasts the impact of price and promotion changes, enables you to implement SAS Revenue Optimization Suite when you're ready without changing the underlying architecture.
     
  2. Loading...

    Similar Threads Forum Date
    SAS Demand Forecasting for Retail Phân phối & Bán lẻ Dec 26, 2014
    Alibaba sẽ mua lại Intime Retail với mức giá hơn 2 tỷ USD Phân phối & Bán lẻ Feb 10, 2017
    Retail analytics with tableau Tableau Aug 13, 2015
    Why Dynamics Retail mPOS is changing the in-store retail experience Phân phối & Bán lẻ Jan 29, 2015
    European retailers stock SAS® to analyze sales, customer, supply chain data Thông tin mới Jan 13, 2015

  3. bsdinsight

    bsdinsight Well-Known Member

    sas-retail-forecasting-41.png

    Demand forecasting at store-SKU level
    • Subweekly replenishment planning.
    • ARIMA, UCM plus exponential smoothing.
    Consumer response to price and promotion
    • Price elasticity at store-SKU level.
    • Promotional uplift by vehicle type.
    • Future price and promotions.
    • Future vehicles and events.
    Cross-effects identification
    • Cannibalization.
    • Halo.
    New product forecasting
    • Predictive demand curves.
    • New store forecasting.
    Intermittent or slow-moving item identification
    • Data pooling functionality.
    • Disaggregation to store/SKU level.
    Lost sales forecasting
    • Adjustment of suboptimal forecasts to counter out-of-stocks.
    • Adjustments made at store level.
    Output to replenishment system
    • Forecast data export at store-SKU level.
    Manage by exception
    • User input tolerance for forecast accuracy.
    Configuration workbench
    • Creation and maintenance of hierarchies.
    • Multiple modeling hierarchies.
    • Creation and maintenance of share groups.
    • Forecast models.
    • Forecast accuracy.
    • Price and promotion elasticity.
    • Parameter setting.
    • Data pooling.
    Retail data model
    • ETL batch processes.
    • Data formatting.
    • Data validation.
     

Share This Page