Features

Sales Forecasting
By analyzing the past we can predict the future. We take a look at your sales two years back and calculate how your business works.

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Replenishment
When the system creates an accurate forecast, we can optimize your orders. So you will know how much to order and when to order to meet demand, and not order too much.

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Reduce inventory
Inventory space is expensive. By following our recommendations you will reduce your inventory size significantly, while still keeping your inventory items available to customers when they need it.

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Product Segmentation
Understand what items in your inventory make the most profit and which ones are just standing in the way of your success.

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Customer Satisfaction
We make sure you avoid stockouts. We keep your inventory available for sale and demand.

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Forecast Automations
The best forecasting processes are designed to meet current business requirements, while remaining flexible for the future. Using our automation makes this possible and reduces the effort involved.

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Logistics Dictionary > Dictionary X

Sales forecasting
and inventory optimization

Become a retail mastermind you always wanted to be.

1 minutes read

Dictionary X

Term	Explanation

X.400	A CCITT recommendation designed to facilitate international message and information exchange between subscribers of computer based store-and-forward services and office information systems in association with public and private data networks. Relevant to study of EDI.
X.25	International standard of the CCITT for packet switching. Relevant to study of EDI.
X.500	The CCITT now ITU recommendations (ISO9594) for the structure of directories for the maintenance of addresses used in electronic mail.
XML (Extensible Markup Language)	(Extensible Markup Language) is a flexible way to create common information formats and share both the format and the data on the world wide web, intranets, and elsewhere.
X12	The ANSI standard for inter-industry electronic interchange of business transactions.
X-docking	Another term for cross docking which is the practice of expediting the flow of product in a DC from receiving to shipping with a minimum of handling in between.

logistics, dictionary

Sales forecasting
and inventory optimization

Become a retail mastermind you always wanted to be.