PSI Planner software system from Logistics Planning Associates, LLC offers a complete Forecasting module which is fully integrated with its Distribution/Materials Requirements Planning and Master Production Scheduling modules.

The system generates a statistical forecast for each item-location combination that has been set up by the user (PSI Planner uses regression analysis with a seasonality factor as well as other optional methods to generate this forecast).

The user can then make adjustments to the system generated item-location (i.e. SKU) forecasts and aggregate them nationally, regionally or by other criteria such as product, class or market zone. At this point, further adjustments can be made to the aggregates and be prorated back down to the item-location level to drive production and deployment decisions.

A Forecast Variance Reporting System then automates the sometimes tedious but critical activity of measuring planned versus actual forecasts which can be used to improve future forecast accuracy.