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Business Benefits
Anticipating the customer demand is critical for your business. Good market forecasts means
higher service levels and
less working capital.
Wait a minute. We have that situation but we don't do any forecasting. Our response: oh yes you do. Someone, somewhere within your company is forecasting (and we will bet that the word "forecasting" is not in their job description).
Sales Forecasting: A New Approach, By Thomas F. Wallace, Robert A. Stahl, 2002
Yet, manual forecasting, beside being very time-consuming has many drawbacks
- experienced "specialists" needed.
- forecasts cannot be reproduced.
- not formal evaluation of accuracy.
In the other hand, through its technology, Lokad delivers
- automated 1-click forecasts.
- increased forecast accuracy.
- secure, scalable and reliable systems.
I am often asked to explain the benefits of Office 2.0 over traditional approaches. (...) Mobility across computers. (...) No need to backup your data yourself. (...) No painful software upgrade. Ismael Ghalimi, ITRedux.com, 2006
Lokad through its
on-demand pricing and its hosted design aims to be order of magnitude cheaper (considering the TCO) than traditional data mining tools. Total Cost of Ownership (TCO) includes the direct and indirect costs common costs associated to a software.
Per industry
Improper business planning leads to massive cost overheads
Overview
What people say
In the past we had to take the time to calculate by hand or using excel, which is very inaccurate. We now can do it very quickly with Lokad. Patrick Lamastus, owner of Geisha Coffee Roaster
Lokad can help us by seeing our seasonal changes and helping to predict required stock levels. We have run dry of certain products at a crucial time and then found our suppliers have done the same - we lost sales. Chris Cooper, Director of Busy Outdoors Ltd
More success stories.