Lokad Salescast Tour

Hello, this video will give you a short tour of Lokad.
If you hold inventory, you are forecasting either manually, in Excel, or using a dedicated forecasting tool.
Independently of the size of your company, finding the balance between too much and too little inventory is a critical step in your business planning. Increasing forecasting accuracy is a very effective way to reduce inventory levels, supply chain cost, stock outs, working capital and carbon emissions. Lokad Salescast is the most accurate, scalable, economic ,and only fully automated forecasting solution on the market. Lokad calculates sales forecasts and inventory optimization metrics such as lead demand, reorder points and stock cover.




Lokad sales forecasting is fit for eCommerce, retail, wholesale and manufacturing. Our smallest customers are kitchen table eCommerce and our largest multibillion retailers.We retrieve your data from your ERP, order management or CRM system, calculate the forecast on our platform, and give the results back to you. You trigger a new forecast directly from your Lokad account, turning a typically complex and time consuming task into the click of a button. You choose daily, weekly or monthly aggregation and the time horizon suited for your need. Your forecasts are stored in and can be downloaded from your account as Excel reports or can be reinjected directly into your replenishment system.
Our forecasting engine selects the best model combination for each individual product from a library of over 100 models, and automatically forecasts Seasonalities , Network effects, Cannibalization, Life cycle effects as well as promotions and product launches. Forecasting has typically been complex, resource intensive and time consuming . Whether you use Excel, an ERP or dedicated forecasting toolkit, all these tools are built to work within the limitations of an on premise IT environment. They require a lot of manual work and expertise while being limited in performance, difficult to scale and often costly to implement and operate.

We have built our forecasting technology on the premise of virtually unlimited supply of computing power in the cloud. Our new approach to forecasting provides full automation. market leading accuracy, unlimited scalability, and a total cost of ownership at a fraction of alternatives.

We integrate easily with your existing IT setup. You can either set up a small dedicated database where you place the data we need, or we can build a direct connector to your system. Using Lokad requires no investment no hiring & training no lengthy implementation and no commitment . Your data's security is at the core of our technology, and obfuscation gives you maximum security by omitting all human readable information before transferring your data. We are proud that our pioneering work in the cloud has been recognized with the Microsoft Windows Azure Partner of the year 2010 award.
We would not advise you to purchase any forecasting software without a full scale test. You can test Lokad cost free, and the time required is minimal for tests of 100 to 1 million SKUs. Sign up now to test Lokad cost free on www.lokad.com.

Category:

Education

Tags:

• Lokad
• Salescast
• sales forecasting
• seasonality
• cannibalization
• reorder point
• safety stock
• statistical forecasting