Forecast PRO UK/Ireland – Investment can pay for itself in days
If like most companies you are using Excel to produce the key forecasts in your business and haven't made the switch to Forecast Pro. Then what benefits could you expect to receive from the move to Forecast Pro from MXI. Excel is quite intuitive, easy to use and flexible. Frequent re-starts and crashes waste a lot of time, people are spending as much as 90% of the time checking and rechecking the data in spreadsheets and before even beginning to the analysis. Can you see the benefits already from Forecast Pro?
So to the investment case in Forecast Pro and the reason for our bold headline. Have you ever really counted the cost of poor customer service, stock outs, higher than necessary stock/inventory levels, cost of expediting urgent orders. Most people are afraid to actively manage down to change/reduce the safety stock levels of key items needed in the business out of fear and lack of certainty. Using Forecast Pro can really help here getting over the fear factor and introducing real statistical forecasting. An estimate of stock level reduction/improvements might be as high as 10-15%. That's both an investment case for improved forecasting and a real benefit to your business. Now are you thinking about the switch to Forecast Pro?
Client of Forecast Pro from MXI typically expected and achieved to reduce inventories and warehousing cost up-to 10%. Faster stock turns through improved stock accuracy means many customers can reduce the freight and delivery costs nearly 25%. Customer Service levels are usually one of the earliest key metrics to improve normally. One recent customer reduced the level of backorders from over 200 items at the worst times to now regularly less than 10 items. And with that change in backorders saw their investment in Forecast Pro straight away.
We at MXI understand that seeing is believing, so we are offering you the chance to see your own data in Forecast Pro, click here to find out more: Forecast Pro Offer