Business Modelling, Forecasting

FuturMaster provides two critical roles for an organisation. The first role is to provide a user-friendly and flexible interface for users to make informed decisions based on the data held within the enterprise system. Not only does FuturMaster shape and present data in the right format for each individual user, but since FuturMaster is interfaced with the ERP system, this information is available automatically without the users having to learn how to use a separate report writing package. FuturMaster is currently interfaced with the leading ERP systems on the market: SAP, BPCS, JDE, MOVEX, PEOPLESOFT, PRISM....

Using the order history captured and fed from the central system, FuturMaster calculates “automatically” the forecast of future sales by day, week and by month, using auto-adaptive calculations based on a number of different forecast algorithms.

  Double exponential smoothing
  Holt-Winters
  Moving average
  Filtered polynomial regression
  Correlation between series

FuturMaster dynamically analyses sales history and calculates the seasonality and trend to create a base forecast of underlying seasonalised sales. A critical part of the forecasting process is to identify and calculate promotional activity or non-standard events in the sales history. Accurate management of this activity is fundamental to the creation of an accurate final forecast.