Stock Forecasting Software

Stock Forecasting – Distribution Requirements Planning (DRP)

These modules will help you effectively manage the flow of goods to satisfy customer demands at multiple operating locations. This suite lets you take control of your business – and profit from all your hard work.

The Online Advantage Stock Forecasting module is a Distribution Requirements Planning (DRP) system that allows you to optimally balance your inventory, giving you a competitive advantage through cost savings and improved customer service.

Using our Forecasting and DRP system complements the Inventory and Purchasing modules to assist your replenishment activities so that you can more accurately predict stock levels, even those affected by economical/demand fluctuations and seasonal variances. Our DRP module is one of the key elements of the Supply Chain Management tools included in Online Advantage.

Key Stock Forecasting features include:

  • Forecasting – a comprehensive Demand Forecasting system (see DRP Schematic) with the following features:
    • Forecast Plans
    • Variable Planning period
    • Stock Netting across nominated warehouses
    • Demand Aggregation
    • New Formulae
    • Demand Origin
    • Forecast Adjustment
    • Plan Comparison Tool
    • Forecast Review Flag
    • Obsolete Stock Flagging
    • 16 standard Forecast Formulae
    • 3 User defined Weighted Average Forecast Formulae
  • Planning – Distribution Requirements Planning facilities including:
    • Forward purchase schedule with Planned Orders
    • Order Adjustment and Firm Order creation
    • Purchase Order creation/release
    • Transfer Order creation/release
    • Inventory Requirements Display
    • Alternate Time “buckets”
  • Materials Planning – covering both Purchasing and Transfer requirements so that your branch offices are included in the planning process
  • Time Phased Planning – and replenishment with automatic planned order generation into flexible time “buckets” of days, weeks and months
  • Demand – order what you really need from your suppliers based on current and historical usage
  • Automatic Order Release – of planned purchase orders and transfer orders to firm orders
  • Unlimited Levels – of exploding linked requirements across warehouses, branches, stock locations, suppliers, raw materials, sub-assemblies, kits, finished products and stocked products


  • Planning calendar setup
  • ABC stock category analysis settings and reporting
  • Stock Line Demand allocation to assist with warehouse picking layout
  • Automatic Forecast Generation
  • Forecast Demand Adjustment and “fixing”
  • Inventory Requirements Display functions
  • ABC Analysis reporting
  • Line Demand reporting
  • Safety and Lead Time allocation
  • Replenishment methods including:
    • Manual or Planned Purchase Orders
    • Manual, Planned or Automatic Transfer Orders
    • Manual, Planned or Automatic Work Orders
    • Kit Assembly
    • No Replenishment
    • Plus Stocking Methods of Stocked, Non-Stock and Indent


  • Supplier Planning – order what you really need from your suppliers based on current and historical usage
  • Stock Planning – ensures appropriate quantities of raw material items are at each factory location for use in the manufacturing process. You can’t make the products you sell without the right materials
  • Time Saving Replenishment – save your Purchasing users days each month by using our paperless Order Creation and Release routines that base their decisions on real-time values (from Inventory) for Stock Holding, Minimum Stock, Maximum Stock and Re-order Quantities, Customer Order requirements and Lead Times so that purchase orders and stock transfers order an be created and sent in a timely fashion
  • Stock Control – controlling your stock levels is what DRP is all about. Enjoy lower stock holdings, reduce your investment in inventory and help your cash flow position. The end result is more timely replenishment – you can’t sell what you don’t have…..or what you can’t get quickly
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