IRIS Exchequer Stock Forecasting Module
Stock Forecasting - accurately and efficiently forecasts stock requirements
The IRIS Exchequer Stock Forecasting module accurately forecasts stock requirements and increases your productivity. Without any need for complicated spreadsheets, this time-saving and innovative module prevents your business falling into the trap of carrying too much stock and restricting valuable cash flow - or carrying too little to meet customer demand promptly.
It accurately forecasts stock requirements based on historical averages or trends, customer schedules, annual company growth and monthly factoring.
Key benefits
- Ability to plan future purchases to cover sales and usage based on min/max periodic cover system or min/max quantities
- Full support for lead times, ship times, minimum order quantities or minimum order multiples
- Powerful multiple trial build with the option to explode through all sub-assemblies
- Seamless integration with other modules to share stock, Bill of Materials and sales history information
- Powerful facility to handle forecasts and demands for new stock items which have never been sold or built previously
- Ability to use the demand from obsolete items to drive the forecast for new items
- Forecast views in terms of quantities, as well as monetary value
- View values of historical sales and values of predicted stock holdings throughout the year
- Automatically creates purchase orders and works orders based on demand
- Seasonal variance calculations
