Deacom, Inc., a developer of a comprehensive Enterprise Resource Planning (ERP) solution, has released new forecasting methods to help manufacturers make stronger business predictions within a single ERP system. Deacom’s new forecasting methods take into account market volatility and allow users to predict future trends more accurately by strategically weighting specific variables, measuring short-term demands or applying multiple variables to a forecast.
Recommended AI News: Syniti launches Data Jumpstart to Drive Business value from Data
“In a world where the supply chain is so volatile and black swan events become more common, this level of convenience and insight is critical for businesses to stay competitive,” said Scott Deakins, COO of Deacom. “Recognizing the lasting effects of COVID-19 have driven supply chain managers to make decisions on projected demands rather than solely historical data, Deacom’s new forecasting tools address these challenges by taking into consideration market volatility and provide companies with the ability to more accurately predict future trends and make stronger business predictions.”
Recommended AI News: Intelligent Document Processing (IDP) Adoption Swells as Enterprises Seek to Lower Costs Through Automation; IDP Market to Grow 55-65% in Next Year—Everest Group
Comments are closed.