Improve your retail forecast by segmenting data accurately
Background When forecasting unconstrained consumer demand for products in retail, historical sales data analysis is an important part of generating a demand forecast. In order to predict future demand, past sales performance of products is considered as an indication of future performance. For seasonal items that sell mostly during specific months of the year, this…
Retail Financial Planning Pilot: Heavy Tools Case Study
Purpose In early 2020 Blue Sky Retail Solutions LLC and Heavy Tools, a Central European sporting goods fashion retailer, have entered into an agreement to pilot Blue Sky’s PlanR based merchandise financial planning cloud solution. The scope of the agreement was to convert Heavy Tools’ historical retail financial data, including multi-year historical transaction data, merchandise…
Exciting news about PlanR: Forecasting is the new challenge
PlanR forecasting is based on historical data using full range Auto Machine Learning methods. Forecast accuracy is automatically evaluated and optimized in iterative cycles.
Blue Sky is pleased to announce the launch of its Editor cloud solution. Now anyone with a minimal required training can edit configuration in BlueSky’s PlanR cloud solution.
Year 2020 has been one of the greatest challenges in history faced by retailers. Within a month starting from late February, the COVID-19 pandemic spread from Asia to all the continents and has sent billions of people under lock-down.
We are proud to announce that in addition to English, Hungarian and German languages have been added to PlanR. That means from now on all of our users can enjoy the full system functionality and built-in help in their preferred language. We would like to thank our customers for their feedback, we are planning on…
It is our pleasure to inform you that we have integrated tooltips in the PlanR solution UI in order to serve users with better user experience across the application screens. Tooltips help users understand various elements in the UI and the impact of their interactions with those elements. Users can easily turn tooltips on and…
BlueSky is proud to introduce PlanR – a modern financial planning solution in the cloud
We are proud to introduce our next generation financial planning tool: PlanR. PlanR is a cloud based solution that supports building and adjusting financial plans, analyzing customer behavior, applying flexible and easy-to-use financial planning solution templates for both pre-season and in-season scenarios. Financial planning in business is one of the most important and complex processes,…
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