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“I was in awe when senior-level management asked us to bring our inventory levels down by 25 percent, and we were actually able to do so without affecting our customer service levels because of Demand Solutions.”
“We haven’t reduced stock, but we have improved our stock turns by reallocating the stock. We’re now holding stock in the right area. We’ve reduced our fast-moving lines significantly and identified those items that are ‘beyond forecasting.’ Forecasting isn’t about getting it right all the time: it’s about minimizing the times you get it wrong. We saw an increase in availability of three percentage points in 2005, and we’re already ahead of that in 2006. That’s what DS has helped us achieve.”
Demand Works provides demand and supply planning solutions that deliver large-scale improvements in forecast accuracy, coordination and asset deployment. Demand Works is exclusively focused on the areas of forecasting, demand management, inventory planning and optimization, capacity planning, and S&OP. Demand Works supports hundreds of companies throughout the United States, Latin America, Europe and other parts of the world. Customers include manufacturers and distributors of many household brands as well as countless industrial and other manufactured goods.
GMDH is a global innovative provider of supply chain planning and predictive analytics solutions. GMDH solutions are built on a 100% proprietary technology and handle every part of the demand and inventory planning process, providing complete transparency across the entire supply chain. They create advanced software solutions which bring the power of the GMDH modeling and forecasting algorithms to non-mathematicians, providing accurate, flexible forecasting for business.
Smart Software has been a leading provider of demand planning, forecasting, and inventory optimization solutions. They help their customers utilize their corporate data including sales history, demand signals, supplier transactions, and more to better forecast demand, optimize inventory stocking requirements, and identify opportunities to improve operational efficiency. Today hundreds of leading organizations around the globe including FedEx, The Home Depot, Hitachi, Otis Elevator, Metro-North Railroad, Disneyland Resorts, and MARS, as well as many mid- and small market enterprises use their solutions to improve forecast accuracy and optimize inventory levels.
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