29th May 2020

Are You Ready For The Rebound? Planning For A Post-Lockdown Surge in Demand

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The global Coronavirus pandemic that emerged in January 2020 has cratered demand worldwide for essential and luxury goods, services, and trade-able items.

As a dreaded ‘Black Swan’ event, COVID-19 has meant that many industries have had to scrap and revise years of demand projections. The Bank of England now predicts a contraction of c.-13% by Q4 2020, the worst yearly recession on record since 1706 and the worst ever recorded in real terms (FT, 7th May 2020).

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18th May 2020

What Can COVID-19 Teach Us About Demand Forecasting and Planning?

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The COVID-19 outbreak that has paralyzed the UK has had tragic, damaging consequences for almost everyone alive today. However, it is also a rare, positive opportunity to learn and gather new information about behavior during an exceptional time.

Learning lessons from COVID-19 allows us to become far more resilient and better prepared for the next ‘Black Swan’ event that hits us as a society. Strengthening supply chains means that people as a whole are better protected from psychological, economic, and health shocks such as COVID-19. Excellent forward planning can help preserve businesses and open up opportunities for growth in challenging times.

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10th March 2020

Reflex Planning: A Reliable Forecasting Method For Effective Production Planning

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Maximising efficiency in production is the key to maximising efficiency in your business as a whole. Reflex Planning’s software allows you to model and compare a variety of scenarios to see clearly how specific changes will affect your supply chain. The cost-effective modular packages let you maintain minimal obsolescence and avoid common problems such as stock-outs. Continue reading “Reflex Planning: A Reliable Forecasting Method For Effective Production Planning”

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06th February 2020

Preparing Your Annual Budget – Why Now Is The Time To Invest In A Forecasting Solution To Make 2020/21 Your Best Year Yet!

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Demand forecasting can play a key role in the success or failure of your business by helping you to produce – and stick to – your annual budget. Therefore, it’s crucial that you’re using the correct tools for the job. Invest in our demand planning and forecasting software now and you could make 2020/21 a year to remember. You’ll be in a position to: Continue reading “Preparing Your Annual Budget – Why Now Is The Time To Invest In A Forecasting Solution To Make 2020/21 Your Best Year Yet!”

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29th January 2020

How To Plan Your Stock For Halloween – Don’t Give Your Customers A Fright!

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Halloween is becoming a bigger deal in the UK every year, so maybe you experienced a significant sales peak as the autumn nights drew in last year. Did you perform as well as you wanted to? If you don’t want your customers or your bank manager to be horrified at your performance, you’ll need to be prepared. How can you make sure that you’re ready for this Halloween in 2020? Continue reading “How To Plan Your Stock For Halloween – Don’t Give Your Customers A Fright!”

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05th January 2020

5 Ways Demand Forecasting Can Improve Profitability

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Demand forecasting can be summed up in a single word: knowledge. Knowledge of what has happened, what is happening, and what will be happening further down the road. This is achieved using advanced algorithms that analyse data flows in order to create a comprehensive picture of business performance. Here are five ways that demand forecasting can improve your profit in 2020. Continue reading “5 Ways Demand Forecasting Can Improve Profitability”

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28th December 2019

Forecasting Software: 5 Projections For 2020

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Forecasting software is undergoing a dynamic era of evolution. With 2019 seeing increasing numbers of businesses recognising the value of the cloud to store, analyse, and keep data secure, many are asking which developments are on the horizon. What does the future of forecasting software look like? Read on. Continue reading “Forecasting Software: 5 Projections For 2020”

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03rd December 2019

Cloud-Based Forecasting Software: The Future For All Organisations

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If you want to be ahead of the game when it comes to business planning, consider moving to the cloud. Conventional planning and production software packages are gradually being replaced by cloud-based solutions – and for good reason. Let’s take a look at the advantages this type of software offers. Continue reading “Cloud-Based Forecasting Software: The Future For All Organisations”

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14th November 2019

Reflex Planning: The Easiest Forecasting Solution Out There!

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Forecasting software can make a significant difference to organisational success. It increases efficiency, reduces waste, increases sales, and enhances the ability to make strong, informed strategic choices. However, this is only the case if the software is up to the task. Reflex software is powerful yet easy to use. Here’s how it works. Continue reading “Reflex Planning: The Easiest Forecasting Solution Out There!”

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20th October 2019

How To Forecast Demand For A New Product

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Releasing new products can be an unpredictable business. Creativity, innovation, and being able to move nimbly into a market gap are crucial elements of the successful organisation’s toolkit. However, when there is no previous data or experience, making forecasts can be challenging. Here’s how to forecast demand for a new product. Continue reading “How To Forecast Demand For A New Product”

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