CHICAGO, Nov. 20, 2014 /PRNewswire/ -- Causometrix releases its Cloud Based Demand Planning and Forecasting software, helping distributors and manufacturers accurately predict demand for their products. Reducing overall inventory costs and increasing profitability.
Mathematical and statistical modeling has always been a very effective way to forecast demand but most of the software applications on the market today are overly complicated, overpriced and fail to produce the marketed savings. Having spent several years implementing supply chain solutions, Jamsheed Iqbal, the President of Causometrix, realized that there were glaring gaps between what customers needed and what was being offered. According to Jamsheed, "Our competitors offer tons of parameters and statistical models that make them difficult to understand, learn and use. Their products are often purchased then shelved without ever being implemented."
Causometrix believes that predictive analytics can be fun, exciting and profitable when utilizing their demand planning and inventory optimization software. The overall objective was to create an exceptional end user experience while delivering the most accurate possible forecasts. Simplicity became an integral part of the Causometrix' strategy when developing the user experience envisioned, that is why every process and feature in the product and service embodies the predominant principle of simplicity. The slick user interface solves multiple challenges in the planning process in the most intuitive ways, while the demand forecasting engine crunches through thousands of SKU's in minutes to generate the most accurate forecasts using advanced statistical techniques. Causometrix also provides make and buy signals at the right times to take action and replenish stock. Best of all, the product is offered as a complete cloud based SaaS solution. Which means, no software licensing costs, no investment in hardware, no IT maintenance costs, no annual software support fees, and no software and hardware upgrade costs. Ultimately it means more to the bottom line.
The Causometrix mission is to, "Make it possible for our customers to focus on what they do best – which is, run their business," according to Jamsheed Iqbal, the president and Chief Visionary Officer for Causometrix. He went on to say, "Causometrix will take on the responsibility of making sure our customers stop losing money due to inventory inaccuracies. To achieve this we will continually monitor and optimize our customers' forecasting accuracy as part of our commitment and promise."
Please feel free to contact Jamsheed Iqbal at 1.888.516.1536 to schedule a free demo.
You can visit www.Causometrix.com for more information.