Digital system for supply chain optimization and integrated planning
Information Technologies in logistics
Logistics is impossible without application of information tools in business process management. Moreover, the improvement of logistics operations depends largely on IT. Technologies allow for the management of company resources: financial, human and non-human resources, intellectual assets and timing budgets. Time is the key to managing resources. It is the total float that determines the quality of logistics operations. Firstly, this is because there are customers in the market of logistics services who are sensitive to the order turnaround time. Secondly, it is explained by a significant reduction of the life cycle of goods and services.
Time is becoming one of the critical competitive factors dependent on information.
Novo Forecast Enterprise
A reliable, efficient and easy-to-use system that helps to enhance the quality of management decisions, avoid the surplus stock, significantly improve the level of customer service, as well as to solve the problem of negative float. The system assists companies in achieving maximum forecast accuracy and providing all departments with up-to-date coordinated plans on a daily basis.
NF Enterprise seamlessly integrates with all popular business automation systems(1C, SAP, Dynamix AX).
NF Enterprise is a flexible digital system, which is implemented in the existing IT architecture of a company with regard to the specifics of its business processes, financial means, growth prospects, and strategic plans.
The system provides interaction not only between different departments of a company, but also different participants of a supply chain in the market. Thus, you always have coordinated up-to-date plans.
The system allows to make the sales plan flexible and keep the amount of stock just enough for the delivery period (in addition to the agreed reserve stock). It also helps to avoid OOS (out of stock), minimize OS (overstock), and reduce surplus stock. It speeds up business processes through a better allocation of responsibilities for a certain part of work and decision-making among employees.
The system allows presenting roles and responsibilities of departments in an integrated logistics structure. Each user has their own role according to its functions in the planning and forecasting process, so an employee can see only the data they need for work. All work results of an employee, as well as all system events, are stored for analysis: forecast project results, user actions, comments, and factors.
The digital system increases the speed of processes and forecast accuracy based on the analysis of large amounts of information. It takes into consideration a lot of factors (promotional activity, new products, listings, tenders, one-time orders, blocking, price changes and others) and each time uses a new mathematical model, which is the most suitable at a given time.
Supply chain operations mean a huge number of documents. Sometimes it takes weeks to establish coordination within one company, not to mention between different companies. The system solves the issue of document reconciliation and associated costs. It guarantees the safety of your information, supply stability, and customer loyalty.
The system allows eliminate duplication of functions, improve communication and ensure the transparency of information, divide responsibilities and regulate the time of joining in the process among Sales, Supply Chain, Production Planning and other functions. It enables forecast exchange and facilitates coordination of the acceptable forecast for the parties concerned.
Integrating logistics into supply chains allows for more transparent information exchange and, as a result, neutralization of irrational resource expenditure, optimization of stock levels, elimination of bottlenecks, as well as a consistent focus on optimization of the cost/service balance in a supply chain.
The NF Enterprise implementation period is about 4 months.
However, the first forecasts will be available 30 days after the start of the project implementation and ready for immediate application.
The pricing is determined by the system configuration and functional set. Our prices are affordable compared to global vendors. Moreover, you can either buy a subscription for our product or purchase a lifetime license.
If you need to deploy a digital system in a cloud or local data store, NF Enterprise is the right solution.
One of the important criteria when choosing Informational Technologies is the speed of return on investment. Fast return on investment is achieved through accurate forecasting and supply chain flexibility.
Our technical support team is available 24/7 to assist our customers.
Novo BI features comparison
Use the table below to help determine which collaboration, publishing, and consumption option is best for your organization.
|Data processing for forecasting|
|Forecasting using factors|
|Business process automation|
|Forecast and sales plan coordination|
|Finished product delivery planning|
|Finished product manufacture planning|
|Raw material procurement planning|
|Advanced analytics across the supply chain|
The awareness of logistic company management ensures such a rate of response to consumer demand that is necessary for today's market, as well as accuracy and completeness of orders, minimization of overstock and high intensity of business operations.
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