Replenishment Demand Forecaster™ (RDF)
Accurate Demand Forecasting is the cornerstone of successful retail planning. Our Demand Intelligence Solutions empower retailers globally to tackle challenges in merchandise, pricing, promotions, and inventory management.
Optimize Your Basics
Precise Forecasting for Core Products
All retailers have merchandise that’s ‘always in stock,’ often referred to as ‘Basics’ or ‘Continuity’ items. These include products that:
- Have been sold long enough to establish specific history and seasonal profiles,
- Have stable life spans, like essential food or clothing items, and
- Can be shipped to stores without restrictions on order size.
Churchill’s Replenishment Demand Forecaster™(RDF) is a powerful software that enables retailers to accurately forecast demand on these basic items. RDF offers Flexible Forecasting Intervals based on operational needs and inventory cycles – forecasts can be daily, weekly, monthly or periodic, at the distribution center or store levels. Whether forecasting products that sell less than one unit per week or processing millions of forecasts per hour, Churchill’s RDF software delivers the functionality, scalability, and power to handle it all.
High Volume & Fractional Velocity Forecasting
RDF handles both high-volume and fractional velocity forecasts, making it adaptable for products that vary widely in demand levels.
Benefit: Ideal for retailers with a mix of high-turnover items and low-velocity basics.
Event-Shifting Algorithms
Includes “day of the week” and “week of the month” algorithms to manage event-based shifts in demand.
Benefit: Ensures forecasts remain accurate around specific weekly or monthly trends, adapting to recurring events.
Attribute-based Seasonal Profiling
RDF’s Attribute-based Seasonal Profiling functionality simplifies seasonal profiling for "always in stock" items.
Benefit: Streamlines demand adjustments for seasonal fluctuations, saving time and increasing accuracy.
Dynamic Model Stock Algorithms
Dynamic model stock algorithms optimize in-stock levels to meet fluctuating demand without overstocking.
Benefit: Helps retailers maintain optimal inventory, reducing stockouts and excess inventory.
Your Solution for Accurate, Scalable Demand Forecasting
With advanced algorithms specifically designed for essential, always-in-stock items, Replenishment Demand Forecaster™ (RDF) enables precise forecasting that dynamically adapts to seasonal trends and market fluctuations. Whether you’re managing stock across multiple locations or responding to shifts in demand, RDF integrates effortlessly with existing systems, helping you streamline operations, optimize core inventory, and make data-driven decisions with confidence.