Version 2.11 – Elevating purchase order forecasting

Britta Dünschede Junior Marketing Manager
Britta Dünschede
· 2 min read
Version 2.11 cover picture

The moment we've been eagerly anticipating is here! Chainbalance Smart Supply® is getting an exciting update with the release of Version 2.11. While our valued partners have had an early glimpse, it's time to unveil our most significant achievement of 2024 to everyone. It couldn't come at a better time — closing an incredible year and stepping into 2025 with momentum. Curious about what our latest additions to Smart Supply entail? Let's dive in!

Next-level forecasting: Smart PO Forecast for NOS products

The fashion industry is making significant strides toward sustainability — focusing on reducing material waste, conserving resources, and cutting CO2 emissions. Yet, overproduction remains a challenge.

We understand how complex purchase order forecasting can be, but our new feature, the 'Smart PO Forecast', is here to change the game. It doesn't just simplify your process — it brings precision to your production quantity forecasts like never before.

Smart Purchase Order Forecasting

Instead of limiting predictions to the option level, Smart PO Forecast delves into detailed size curves, providing the ideal quantities for each article, option, and size. With this level of detail, your next optimal order date is backed by data-driven accuracy, helping you avoid overproduction and overstock and reduce waste. 

Want to explore how Smart PO Forecast can transform your operations? Let's connect, and our team will walk you through the feature!

Replenishment enhancements

Managing the product lifecycle has never been smoother. With our latest update, if active, the' turnover rate threshold' functionality can be displayed in the replenishment list. Additionally, options that fall below their respective thresholds can be permanently suspended — giving you even greater control over your inventory.

In the spirit of "Data Is King"

Data has become a cornerstone of the fashion industry, driving decisions and shaping strategies. In Version 2.11, we've refreshed the Item History feature to provide even more insights:

  • A new 'ordered' column displays the number of pieces ordered on specific days, with enhanced graphical representations.
  • Historic user change information tracks updates such as replenishment start/stop dates, target adjustments, lifecycle changes, and push-to-target actions.
  • Algorithmic change logs reveal automatic updates, like target increases or decreases and item enablement/disablement for replenishment.

 This new information empowers you to make informed decisions with a full view of each item's journey

Item History

What else is new in Smart Supply?

We've introduced a host of additional improvements, including:

  • In-transit quantities for Smart Order Proposals.
  • A new  homepage configuration for better usability and personalization
  • Reference stores added to the Missing Best Sellers Recommendations feature.

Experience Smart Supply Version 2.11 today!

Curious to see these updates in action? Let's schedule a chat so we can give you a detailed walkthrough of everything Smart Supply Version 2.11 has to offer.