![text card frame 1](/images/text-card-images/white-theme/frame-1.png)
Achieve Transparency
Consolidate all the data within a single platform to plan and control material resources efficiently and transparently.
![text card frame 2](/images/text-card-images/white-theme/frame-2.png)
Optimize Costs
Reduce budget overruns due to market price fluctuations thanks to automated price updates and accurate forecasting.
![text card frame 3](/images/text-card-images/white-theme/frame-3.png)
Facilitate Budget Planning
Maximize the efficiency of budget planning relying on long-term historical data, real-time updates, and cutting-edge algorithms.
Data-Driven Solution for Efficient Purchase Planning
Our Inventory Price Forecasting solution allows businesses to approach budget planning armed with data-driven insights. It accurately forecasts the purchasing price of goods and materials inventory by integrating data from any ERP for the entire period of the existing purchases history.
Features:
- A cloud-based solution powered by a carefully designed algorithm with business analytics and data management capabilities.
- Extensive capabilities to search for goods and materials across the entire period of the existing purchases history as well as numerous integrated data sources.
- Boosting the algorithm with two main data sets: historical data as a feed for a new algorithm and control data with the actual purchase and write-off prices.
- High accuracy of price updates to allow for the significant improvement of budgeting processes.
- Sophisticated architecture of the solution in the Azure cloud with improved processing time.
- Seamless integration of multiple ERP sources with Azure Data Factory to collect analytical data.
![solution image](/uploads/media/61f2b5a978ea9_features.webp)
![solution image](/uploads/media/61f2b5b185945_use-cases.webp)
Use Cases:
- Offload heavy computations from your ERP system
- Extend the planning horizon to include archive data and achieve better precision
- Consolidate data from numerous business units and data sources to enable complete visibility
- Acquire an advanced solution for data management automation and business analytics
- Refine your price updates procedure by incorporating more accurate data into projections.
Benefits:
- Accelerated data processing: minutes instead of hours
- Improved algorithm with higher accuracy to ensure more relevant price updates
- Unified enterprise data warehousing and big data analytics via integration with Azure Synapse Analytics to enable data ingestion, preparation, management, and serving
- The centralized cloud data storage saves data processing time with better transparency and insights
- Better control over budget overruns – up to 25%, which allows avoiding uncontrolled consumption of goods
- End-to-end visibility of goods and inventory listings: stored, purchased, and demanded
![solution image](/uploads/media/61f2b5b701dde_benefits.webp)
Cases
Insights
We have a solution to your needs. Just send us a message, and our experts will follow up with you asap.
Thank you!
We have received your request and will contact you back soon.