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The Best Sales Forecasting Solution in 2021

Manufacturers, distributors, and retailers worldwide rely on Streamline to manage over $5 billion in inventory.

  • Forecast, plan, and place orders twice as fast.
  • Reduce stock-outs by up to 98%.
  • Reduce excess inventory by 15-50%.
  • Increase inventory turnover by 35%.
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The free edition is free forever.

“If you are using Excel spreadsheets for Demand & Supply planning, move quickly to this software that will certainly make your planning much more efficient, capitalize benefits very fast, and make your life much easier.”

Sr. Consultant on Gartner Peer Insights

A Sales Forecast is a prediction of sales revenue based on the analysis of historical sales, market conditions, and salespersons’ estimates. Sales revenue affects all aspects of a business, thus making accurate sales forecasting integral to informed business decisions.

How to know you’ve found the perfect sales forecasting tool?

GMDH Sales Forecasting Software System and Tools

1. Fast and intuitive user interface

Inventory planning has to be accomplished efficiently and effectively. Therefore you can concentrate on long terms goals and business development.

2. Seamless integration of company data sources

Bidirectional connectivity allows to pull in data from your sales system into Streamline, as well as automatically export the forecasted order information back to your ERP system.

3. Smooth and fast implementation process

A successful implementation requires the coordination of many variable factors. We are well ware of the the gamut of sales and ERP systems available on the market nowadays. Thus, we will make sure you and your team are ready to go on promptly.

4. Ideal fit of the business process in your company

Your inventory planning solution needs to be aligned with your business goals and with all of the other processes in your company.

There are many factors to consider when choosing an inventory planning software system for your company. These might include the total cost of ownership of the chosen solution, reliability, high quality support, and finally, your ability to evaluate all features before making the decision.

Sales forecasting in GMDH Streamline

Let us take a closer look at Streamline features specific to sales forecasting:

Get a free version and evaluate GMDH Streamline or contact us to learn how to streamline the sales forecasting process in your company.

Too much manual work in Excel?

Streamline your planning today:

  • Forecast, plan, and place orders twice as fast.
  • 90-98% reduction in stock-outs.
  • 15-50% reduction in excess inventory.
  • 35% higher inventory turnover.
  • 10-40X ROI in the first year. 100% ROI in the first month.
  • GMDH Streamline already manages over $5 billion in inventory for retailers, wholesalers, distributors, manufacturers, and ecommerce worldwide.
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Watch the sales forecasting capabilities video

Learn and see in action the key features and benefits of GMDH Streamline software.

Demand forecasting capabilities of Streamline [voiced]

Highly rated by customers

  • Ease of Use 5/5
  • Customer Service 5/5
  • Features & Functionality 5/5
  • Value for Money 5/5

Our Customers

Our customers

Contact Info

info@gmdhsoftware.com
sales@gmdhsoftware.com
support@gmdhsoftware.com
+1 (888) 929-4843 (North America)
+1 (347) 470-4634 (International)
New York – Toronto – Kyiv
Corporate Headquarters:
55 Broadway, 28th Floor
New York, NY 10006
gmdh-office

GMDH Streamline easily integrates with your data source

The solution provides bi-directional integrations with Excel, QuickBooks, Microsoft Dynamics GP, Dynamics NAV, Spire, Unleashed, Cin7, Fishbowl, Micronet, Shopify, Spire, Stitch, Scubana and other systems.

Spreedsheet Spreedsheet
Dynamics GP GP Dynamics GP
QuickBooks QuickBooks
Unleashed Unleashed
Spire Spire
DEAR DEAR
Database Database

Accurate Statistical Forecast

Inaccurate Forecasts might be even more dangerous than absence of a forecasts at all.

Many forecasting products use “model fit” to determine which forecasting algorithm to use. The issue with this approach is that it promotes models that may look great on current data, instead of making accurate predictions on future data. This is called “overfitting”. That is why, GMDH Streamline uses special algorithms to create models that thoroughly analyse the data and generates the statistical models on the existing periods and provide more accurate forecasting predictions.

accurate-statistical-forecast

Forecast Approval System

Do you need to collaborate with your colleagues to develop your forecasts?

Our forecast approval system provides you an opportunity to manage your forecasts with others, allowing each SKU to have a status of Approved, Unapproved, or Needs Attention. Approved SKUs are locked from further changes.

forecast approval system

Revenue Planning

Do you need to know your sales forecast for your next period(s)?

Streamline is able to import sales prices as well as sales history, allowing revenue forecasts align with demand forecasts.

revenue planning

Flexible Manual Adjustments

How do you make your forecast responsive to additional factors?

For many businesses, the final forecast is a consensus between statistical forecasts and management/planner assumptions.

GMDH Streamline provides an environment where forecasts can be managed, reevaluated, and modified based on additional information available internally by your management team, or provided by your vendors and suppliers.

flexible manual adjustment

New Products Forecasting

Do you have new units that replace discontinued products or any very new commodity with limited market history?

Not a big deal ! GMDH Streamline can link such profiles to the sales history of similar, existing products (substitutions) or set seasonal coefficients. This allows you to get a reliable forecast for those fresh items as well.

new product forecasting

Demand Forecasting

Demand and Revenue Planning

Inventory Planning and Optimization

Material Requirements Planning

What is demand forecasting?

Demand forecasting is a process of understanding and predicting customer demand for a particular product or category. This process is based on the analysis of historical data of sales and market trends, with the following forecast based on the statistical forecast models such as seasonal, linear, or constant trend. The Supply chain management process depends on the future customer’s demand and the accuracy of trends prediction. That’s why demand planners take into account forecast accuracy and forecast error levels when doing demand forecasting. This is easy to get the most efficient levels using Streamline for demand forecasting. Streamline provides accurate demand forecast by using a build-in expert system that automatically analyzes each item for levels, seasonality, trends, and intermittency.

What is demand planning?

Demand planning is a business process of outlining and management of customer demand for products and services. Planning of a customer demand consists of a statistical forecast using the most appropriate model. As a result of demand planning process, a company gets a sales plan which is initiating a service-planning process, production, inventory planning, and revenue planning.

What is revenue planning?

Revenue planning is about the management of the resources in the company. In order to accomplish the expected revenue, the following things should be taken into account: analysis of existing resources, planning expected expenses and/or investments in your business. Streamline warns you about excess or lack of inventory by highlighting these items in the inventory report. It also calculates the turnover of each item and gives the trend in the future based on the forecast.

What is inventory planning & optimization?

Inventory planning means the process of managing on-hand items as well as making timely orders to determine the optimal quantity and to prevent overstocks and stock-outs. The process of inventory optimization aims to balance between stock-keeping units (SKUs) and working capital to get the maximal income. Streamline has powerful capabilities for optimizing inventory levels, calculating safety stocks, and generating optimal purchasing plans. It also allows filtering items by supplier and road the order of different products to fit a container capacity the best.

What is material requirements planning?

Material requirements planning (MRP) is a process that includes a production planning, scheduling, and inventory control system used to manage manufacturing processes. In order to calculate what material is required and when an order can go into production, an MRP process takes into account information on the Bill of Materials (BOM), production plan, and material plan. Streamline allows you to generate a plan of material requirements based on the demand forecasts of finished products and a bill of materials (BoM).

What our customers say about us

Eric Tewey

Streamline has made a major difference in our forecasting and manufacturing planning. The ease of use, flexibility, and accuracy has far exceeded our expectations. Streamline has helped take our forecasting accuracy from average to world-class; which has a very positive bottom line impact. In addition, to Streamline being a great tool for us, the customer service we receive is second to none: it’s impressive. The time invested in learning our business, our model, and our people has been greatly appreciated and shows in the results.

Eric Tewey
Vice President of IT at Swisher International
Jacob Shallman

GMDH Streamline is the small business demand forecasting dream come true. If you are too small for a huge ERP and big enough to need to track and forecast demand and reorders this is really the perfect tool. It integrates so nicely into QuickBooks and in one click runs your regular reports. It takes out all the hours and hours of manual updating. I love this tool.

Jacob Shallman
CEO at Respiratory Therapeutics Group

Get started with GMDH Streamline for free

Immediate access. No credit card required. All features included.

Download Free »

Highly rated by customers

  • Ease of Use 5/5
  • Customer Service 5/5
  • Features & Functionality 5/5
  • Value for Money 5/5

Contact Info

info@gmdhsoftware.com
sales@gmdhsoftware.com
support@gmdhsoftware.com
+1 (888) 929-4843 (North America)
+1 (347) 470-4634 (International)
New York – Toronto – Kyiv
Corporate Headquarters:
55 Broadway, 28th Floor
New York, NY 10006
gmdh-office

Further Reading: