Saturday, March 31, 2007 8:28 AM
by
Casekraker
Lokad Offers Sales Forecasting Integration with ECF
Lokad has announced the availability of Sales Forecasting Software that integrates with the Mediachase eCommerce Shopping Cart and Commerce Solution.
Below is a snapshot overview of the Lokad Solution and you can find more information at the following links.
Lokad Home: http://www.lokad.com/Default.aspx
Lokad Community: http://www.lokad.com/docs/Community.aspx
Lokad Tour: http://www.lokad.com/docs/Tour.aspx
Technology: http://www.lokad.com/docs/Technology.aspx
Sales: sales@lokad.com
Support: support@lokad.com
Quick Overview of the Lokad Solution
Adjusting your capacity and your resources to meet the customer demand is critical to ensure a high profitability: too much capacity and your money is wasted in personnel, unused inventory; too few capacity and business opportunities are lost. Yet, the demand is continuously changing in rather complicated ways.
Lokad provides quantitative forecasts. With those forecasts, you can allocate the right amount of capacity, resources and personnel to adjust your business to the demand. Moreover, Lokad provides the tools that let you integrate those forecasts within your company processes in a highly operational manner.
Time-series models and forecasts
There are many ways to express a forecasting problem. Lokad specializes in time-series forecasting. Intuitively a time-series is a list of time-value pairs. For example
- daily sales for a given product in a retail store.
- weekly production orders for a manufacturing company.
- hourly volume of phone calls to a call center.
- average monthly capacity usage of a warehouse.
Lokad extends those curves into the future and provides forecasted time-series.
How Lokad works?
Lokad is a hosted solution. Customers send historical data to Lokad, and Lokad returns the forecasts.
Lokad can be integrated into your company processes. Lokad features multi-user accounts, MS Excel forecast reports and Web Services for ERP integration.
Get started in a matter of minutes; our basic subscription plan is free.