Enhanced Forecasting Worksheet

About This Solution

Precise, customizable inventory forecasting to prevent stockouts and optimize stock levels.

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The Enhanced Forecasting Worksheet app for Dynamics 365 Business Central empowers businesses with smart, customizable inventory forecasting. Leveraging Microsoft’s Azure AI, it helps prevent stockouts, optimize reorder points, and streamline planning with flexible filtering, historical data tuning, and advanced algorithms—all within a seamless Business Central experience. 

Part of the Enhanced Planning Pack, the Enhanced Forecasting Worksheet app is one of several powerful tools to streamline your material resource planning (MRP) in Dynamics 365 Business Central, driving smarter, faster decisions across inventory and production.

Benefits

• Accurate Inventory Planning: Reduces the risk of stockouts with data-driven forecasting, ensuring you have the right stock at the right time.
• Optimized Stock Levels: Custom reorder points and maximum inventory settings help lower holding costs while maintaining availability.
• Informed Decision-Making: Leverages historical and predictive data for strategic inventory decisions, enhancing overall business planning.
• Improved Operational Efficiency: Streamlines inventory management, reducing manual adjustments and freeing up time for other tasks.
• Scalable Solution: Grows with your business, adapting to increased inventory needs without complex adjustments.
• Cost-Effective Planning: Provides a comprehensive forecasting tool within a package, avoiding the need for separate systems or add-ons.
• Enhanced User Experience: Seamlessly integrates with Business Central, offering a consistent, easy-to-navigate toolset for planners.

Features

• Intelligent Forecasting with Azure AI: Uses advanced analytics for precise inventory predictions, helping to reduce stockouts.
• Flexible Filtering Options: Filter by item, category, or location to focus on specific inventory needs, enhancing accuracy in forecasting.
• Customizable Reorder Parameters: Set reorder points and maximum inventory levels, optimizing stock levels for operational efficiency.
• Multiple Forecasting Algorithms: Choose from six algorithms to match forecasting to business demands, improving planning precision.
• Historical Data Adjustment: Fine-tune past data for accurate future forecasts, ensuring relevant inventory insights.
• Integrated with Enhanced Planning Pack: Works seamlessly with other tools in Business Central, creating a cohesive planning experience.

Typical Users

• Inventory Managers: Responsible for maintaining optimal stock levels, they benefit from precise forecasts that reduce stockouts and overstock.
• Supply Chain Planners: Use the app to align inventory with demand forecasts, enhancing overall supply chain efficiency.
• Purchasing Managers: Gain insights into reorder needs and timing, which helps streamline procurement and reduce excess inventory.
• Operations Managers: Use the forecasting data to maintain smooth operations, ensuring products are available for production and sales.
• Financial Analysts: Leverage forecast data to monitor inventory costs and cash flow implications, supporting better financial planning.
• Small to Mid-Sized Business Owners: Looking to improve inventory efficiency and cash flow, they benefit from simplified, automated planning without needing dedicated inventory specialists.