We already have an ERP. Why would we need this?
An ERP records what happened: what you sold and what is in stock. VidiStock forecasts what will happen and tells you what to do about it. It works next to your ERP, not instead of it.
We already do this in Excel.
You can, but updating hundreds of products every week, accounting for seasonality and repeating it for every branch is a full-time and error-prone job. VidiStock does it automatically.
How accurate are the forecasts?
No forecast is exact, and VidiStock does not pretend otherwise. It measures forecast error on past data for every product and shows it; safety stock is calculated from that error. Products with high error are flagged.
How much history do we need?
Two or more years of sales history is ideal for capturing seasonality. It also works with less; simpler methods are used in that case.
Does it send orders to suppliers?
No. It produces a list of order suggestions that you export to Excel and send through your existing ordering process.
Is our data safe?
In the cloud, each company's data is kept in a separate database. If you do not want your data to leave your network, the application can be installed on your own server.
What does it cost?
We prepare a quote based on your number of products and warehouses and on how it is deployed. Fill in the demo request form and we will get in touch.