Purchase Order module & Profitability forecasting

March 8, 2023

Mar 8, 2023

Product Update

We are happy to announce our brand new Purchase Order management module is live in Madden Analytics. We have also updated with new functionality for budget alignment and profitability forecasting, making easier than ever to plan to meet your sales goals using Madden!

Purchase Order management module

We have a brand new management tool for your POs. Use it to keep track of what's on draft, what is ordered, and how much has been delivered.

  • For the users without ERP integration, you can keep track of statuses and deliveries directly in Madden, which will be reflected in the Planning functionalities.

  • For users with ERP integrations, draft purchase orders can be pushed and created in your ERP without manual exports and imports - saving a lot of time and avoiding the risk of manual errors.

Budget alignment feature

A common challenge for our users is calibrating the bottom-up sales planning per article with the top-down sales budget. We have created a simple way of scaling sales plans to match to budget - with just a few clicks. If you are a Madden user you’ll find this in the top bar in the Planning module.

New forecasting models

We have built out our library with even more forecasting methods. New machine learning and neural networks methods makes your recommendations even more accurate. From now on, each statistical model is tested on each article, and the model showing the best results is picked as the Madden forecast.

Profitability forecasting

Based on historical patterns such as end of season sales and continuous campaigns, the Planning module now forecasts discounts to give a full view of forward-looking profitability. The result is visibility of what your sales and buying plans translate into, with regards to gross margin, gross profit and COGS over time. A neat tool to ensure you are aligned with the margin requirements of the company.

Want to learn more about how Madden can support you with sales forecasting and inventory planning? Leave us your details and we'll get in touch!


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