Predict Future Demand of New Products
Continually introducing new items to market helps you keep up your competitive advantage. JustEnough makes it easy to accurately predict the future demand of new products by using demand profiles. With JustEnough you can create, manage and evaluate demand profiles for historical products and then apply the profiles to new products to get an accurate picture of future demand.
Creating Profiles & Curves
Creating profile demand curves for items based on comparable products or product categories is a powerful way to set the level of expected future sales and minimize the risk involved in launching a new product. JustEnough allows you to create profiles either manually or automatically, at an item or class/collection level. You can then apply them to any set of items for a known magnitude over a flexible time horizon.
Profile Management & Review
Consumer behavior constantly evolves as you introduce new product to market. JustEnough provides you with a simple tool to review and refine product demand curves that will improve your profile-driven forecasting. Using either a grid data view or a dynamic, graphical representation, you can manage relative magnitudes and time horizons, such as end-of-season management.
Profile Performance
When statistical modeling isn’t sufficient, demand profiling is a very powerful way to improve your forecast accuracy. By measuring and tracking the curve performance, JustEnough automatically refines the curve to further enhance its profiling ability based on pre-set accuracy thresholds.