Increase Profits with Smarter Inventory Control
Unlike traditional ordering methods, predictive ordering combines recent sales trend data as well as a comparison of forecast vs. demand from previous days to determine the most accurate sales forecast. Days with bad data, such as out of stock or huge sales, are leveled out to get the most precise figures.
Out-of-Stock (OOS) Adjustments
OOS days are adjusted to reflect what would have sold if stock were available, helping to avoid future stock shortages.
Anomaly Detection
Our system filters out unusual sales spikes or drops due to events like weather disruptions or one-off large purchases, ensuring they don't skew your data.
Forecast vs. Demand
Recent sales data is given more weight by comparing forecast vs. demand as a self-adjusting mechanism to prevent over- or under-ordering. This allows the system to adapt to trends and make more accurate predictions. If recent sales outpace forecasts, we increase your order quantity accordingly. Inversely, if sales fall shorter than predictions, we reduce the order quantity.
FasTrax Facts Videos That Break Down FTx BI Analytics
Check out our videos to get a clearer picture of how FTx BI Analytics helps you track performance and anticipate demand.
Revolutionize Ordering with Sales Forecasting
Point-of-Sale Forecasting: How to Predict Sales with BI
Too Much or Too Little? Understanding Your System’s Orders
Stop Guessing What to Order.
Start Predicting What Will Sell.
FTx BI Analytics brings your sales, inventory, and operational data together into clear, easy-to-use dashboards—helping you understand performance, spot trends, and make more informed purchasing and merchandising decisions with confidence.
Steps:
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Centralize Your Business Data
FTx BI Analytics consolidates data from your POS and inventory systems into one unified view so you can access key information without switching between platforms or spreadsheets.
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Visualize Sales and Inventory Performance
Interactive dashboards and reports make it easy to see what’s selling, what’s not, and how different products, categories, and locations are performing over time.
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Identify Trends and Patterns
Use historical sales data and reporting tools to recognize patterns such as seasonality, peak periods, and product performance shifts across timeframes.
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Support Smarter Ordering Decisions
Leverage insights into turnover rates, top-performing items, and slow movers to guide purchasing decisions and better align inventory levels with actual demand.
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Monitor KPIs and Adjust in Real-Time
Continuously track performance metrics through BI dashboards so you can respond quickly to changes in demand, optimize inventory flow, and improve overall efficiency.
Trusted by Businesses That Run on Data, Not Guesswork
Before FTx Forecasting
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Guessing order quantities
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Overstock / stockouts (LOST SALES)
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Time wasted on reports
After FTx Forecasting
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Automated reorder suggestions
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Accurate demand planning
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More sales, less waste
Accurate Sales Predictions
With Our Forecasting Tool
Save 15+ hours a week on inventory management with our add-on tool. Level up your inventory game faster than ever. With our BI inventory sales forecasting tool, you can:
- Sharpen your business acumen with insights from past sales.
- Stay ahead of the curve with real-time monitoring of inventory levels and sales trends.
- Automatically detect seasonal patterns and long-term trends to optimize stock levels.
- Reduce stockouts and overstock, ensuring optimal inventory level at all times.
How Business Intelligence
Transforms Inventory Tracking
Use the latest BI tools to keep an eye on your inventory, simplify operations, and get real-time insights to make smarter decisions.
Improved Decision-Making
Our forecasting tool provides the information you need to optimize inventory levels, reduce costs, and increase sales.
Enhanced Customer Satisfaction
Keep your customers happy by ensuring that you always have the right products in stock. Our forecasting tool helps you anticipate demand and avoid stock outs.
Cost Efficiency
Reduce operational costs by minimizing waste and inefficiencies. Optimize your inventory levels, reducing the cost of holding excess stock.
Revenue Growth
Maximize your revenue by increasing sales and reducing lost opportunities. Identify trends, optimize pricing, and make better decisions to drive growth.
Save Time With Daily Operations
Automate routine tasks and free up your time to focus on more strategic initiatives. Simplify inventory management and reduce manual effort.
Strategic Planning
Develop effective long-term strategies by understanding future trends and customer demand. Plan for seasonal fluctuations and adjust your business strategy accordingly.
Who Benefits from Smart
Inventory Solutions?
From retail stores to online shops, discover how smart inventory strategies help optimize operations, reduce waste, and improve customer satisfaction across industries. Explore real-world use cases that show how better data leads to better decisions—day in and day out.
- Order exactly what you need before a holiday rush
- Identify slow-moving products before they become costly
- Keep best-sellers in stock by restocking at the right time
- Adjust purchasing based on trends, seasonality, and demand patterns
- Reduce overstocking while avoiding stockouts
POS Systems for Sales Forecasting
Optimize your stock levels today! Switch to FTx POS for advanced inventory management right in your POS. FTx includes every tool you need for growth.
FAQs
FTx BI Analytics uses a mix of historical sales data, recent performance, and product trends from your POS system to generate demand forecasts.
It looks at how products are selling over time, identifies patterns in demand, and adjusts for factors like stockouts or unusual spikes and dips. As new data comes in, forecasts are continuously updated to reflect what’s happening in your business right now.
The result is a clearer, more up-to-date view of future demand—so decisions aren’t based on guesswork.
FTx BI Analytics pulls from your POS data, including sales transactions, product performance, and purchasing trends over time.
It also considers recent activity and changes in performance, incorporating factors like sales velocity, stockouts, and irregular spikes or dips. This helps create a more complete and realistic picture of demand.
With that level of insight, inventory decisions can be based on actual performance rather than assumptions.
FTx BI Analytics pulls from your POS data, including sales transactions, product performance, and purchasing trends over time.
It also considers recent activity and changes in performance, incorporating factors like sales velocity, stockouts, and irregular spikes or dips. This helps create a more complete and realistic picture of demand.
With that level of insight, inventory decisions can be based on actual performance rather than assumptions.
Yes, it does.
FTx BI Analytics looks at both historical and recent sales data to surface patterns in customer behavior, including seasonal trends and recurring demand shifts. Whether it’s time-of-year changes, weekly patterns, or evolving product trends, those insights are built into the forecasting process.
This makes it easier to plan ahead and stay aligned with how demand naturally fluctuates.
Yes—especially for businesses managing multiple locations.
FTx BI Analytics provides a centralized view across all stores, making it easier to track performance, compare trends, and make consistent decisions. At the same time, it still accounts for location-specific differences, so each store’s unique demand patterns are reflected.
This balance helps operators stay aligned at a high level while still managing each store effectively.
FTx BI Analytics uses historical data, recent performance, and trend analysis to generate forecasts that support more informed decision-making.
As new data comes in, forecasts are refined—adjusting for anomalies, stockouts, and shifts in demand. While no forecasting tool can predict the future with complete certainty, having continuously updated, data-driven insights provides a much stronger foundation for planning.
It ultimately helps businesses move from reactive decisions to more proactive, confident ones.