top of page

Demand Forecasting

DEMAND Seeing the Future Today
xS Planner from Novalab is an advanced demand forecasting tool that enables businesses to predict future demand and optimize their production processes accordingly.

For many industries increased competition necessitates that customers must be served better which implies that a lot of change requests must be accommodated under a very small margin of error which in turn makes whole supply chain processes open to disruption. To remain competitive, companies must be able to embrace and manage the disruptions in the best possible manner. Otherwise, the result is dissatisfied or even lost customers.


For many companies, it is not possible to foresee oncoming events and proact appropriately by utilizing only the capabilities of humans, hence the need for a computerized forecasting system is obvious. However, the capabilities of the chosen system play an important role to determine whether such an investment provides an improvement over the accuracy of experience based forecasts.


Forecasting module of the NovaLab’s planning software, xS Planner, is an operational level decision support system and provides one of the inputs for the master production scheduling process which not only takes forecasts into consideration; but also, current inventory levels, existing customer orders, capacity constraints and different possible objectives which may change with respect to the current business needs or even seasonality. Depending on the requirements, the forecasting module can be installed as an online system which will enable users to see, analyze and even provide and share their own forecasts based on their own judgement. The system provides the infrastructure for versioning forecasts for the same period and item. The underlying idea is to improve the quality of the forecasts by sharing information between different stakeholders. Automated forecasting functionality has the capability to model the effects of different factors including seasonality and locality.

Demand Forecasting

Reduce inventory costs by anticipating future demand today.

Capacity Planning

Prevent waste of resources by planning your production processes at the optimum level.

Knowledge Sharing

Integrate comments and predictions from users in various roles.


Gain flexibility by storing the history of forecast updates made.

Automatic Forecast Generation

Create the most accurate forecast, taking into account special factors such as seasonality, locality, etc.

How Novalab xS Planner Works?

xS Planner predicts your business demand with real-time data collection and analysis capabilities. While creating automatic demand forecasts with various algorithms and methods, it also integrates manual forecasts and comments from different departments and roles. Thus, it offers always up-to-date, dynamic and accurate demand forecasting.

Important Features

Automatic Update

The system automatically updates its forecasts based on constantly changing data.

User Friendly Interface

It has an easily customizable and intuitive user interface.

Integration Capabilities

Provides easy integration with systems such as ERP and CRM

Cloud Based

Access from anywhere with an internet connection.

Multiple Language Support

It adapts easily to global business processes by offering the opportunity to use in different languages.

Advanced Analysis Tools

It enables you to make more strategic decisions by analyzing in-depth data


If you fill out the contact form completely, we will be happy to contact you as soon as possible and answer your questions.

bottom of page