Retail
To meet constantly changing demand is not easy. To foresee which products will be sold and in what volumes is an increasing challenge. You need to do product range planning, negotiate with your suppliers and then, as cost effectively as possible, store your goods. Your goal is to get the right product in the right place at the right price when the customer demands it - all in a high volume, time pressured environment. IFS offers a range of integrated components to help you support these complex business processes and to give your business the agility that it needs to exceed customer expectations.
Sales Forecasting
IFS/Demand Planning is a graphical forecasting tool which lets trade companies forecast multi-dimensional sales. It will generate your supply proposals based upon history, seasonality, campaigns and delivery terms. New product introductions can use forecast inheritance and Demand Planner will minimize your seasonal risk, matching the right stock level to each part of a product’s life cycle. For maximum responsiveness and agility, get your customers to collaborate with you in this process using IFS Collaboration Portals.
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