How FD6 adds value for the whole company in general terms

Smarts
FD6 improves your company's ability to predict the future so that it can make smarter business decisions. In other words, FD6 improves your ability to anticipate and accurately forecast demand, which makes it possible for you to better position the right goods and services in right place at the right time. When you better position the right goods and services in the right place at the right time you generate:

• More Sales and Better Customer Service
• Less Cost
• Less Uncertainty and Risk

More Sales and Better Customer Service
When a company gets better at anticipating demand and being in the right place at the right time with the right goods and services, it can hardly fail to make more sales and provide better customer service.

Less Cost
Getting better at positioning the right goods and services in the right place at the right time conversely means not positioning the wrong goods and services in the wrong place at the wrong time. The result in cost savings, but not just in inventory or service capacity cost. Forecasting and planning drive budgeting, and control with respect to everything -- product development, marketing, selling, production levels, production resources, inventory, distribution, human resources, and financial planning -- improvements in accuracy mean cost savings in all these areas because every one of them can be better positioned and aligned.

Less Uncertainty and Risk
An intuitive way to understand the value of reduced uncertainty is to appeal to the saying, "A bird in hand is worth two in the bush." As a company improves its forecasting and planning accuracy its business prospects move toward the certainty of 'a bird in hand' and away from the uncertainty of 'two in the bush'.

The Inventory Example: the Right Inventory in the Right Place at the Right Time
Applying improved forecasting to setting inventory levels and inventory replenishment at stocking and distribution locations is a perfect example of how getting better at being in the right place at the right time with the right goods generates more sales, better customer service, and less cost.

McConnell Chase Software Works actually began as a supplier of sales forecasting and inventory management solutions to manufacturing companies. Today we offer a highly effective, very fast to learn, deploy and use, and industrial-strength solutions for --

• Service Parts Planning
• Finished Goods Planning
• Vendor Managed Inventory (VMI)
• Distribution Requirements Planning (DRP)
• Collaborative Planning Forecasting and Replenishment (CPFR)