As documented by Gartner Research, superior forecast performance
has a dramatic impact on supply chain excellence and profitability. In a recent study, companies that had higher levels of demand
visibility and forecast accuracy reduced supply chain costs and
increased perfect-order percentages. Best-in-Class companies with
superior demand-forecast accuracy also have 15 percent less
inventory, 17 percent better perfect-order ratings, and 35 percent
shorter cash-to-cash cycle times than their peers.
Pelyco’s Collaborative SmartSpreadSheet Forecast™ application helps
companies achieve superior forecast accuracy which will positively
impact the bottom line. The direct correlation between superior
perfect-order performance and key financial and market indicators
include:
- Earnings Per Share (EPS)
- Return on Assets (ROA)
- Profit Margin
Pelyco’s SmartSpreadSheet Forecast™ module enables individuals
anywhere in the global supply chain, to participate in a
collaborative forecasting process. Integrated communication
results in better planning that leads to more informed decisions
that
help achieve superior business performance. The collaborative capability
of SmartSpreadSheet Forecast™ makes it straightforward to align the interests
of sales, operations and finance departments.
SmartSpreadSheet Forecast™ is a powerful predictive forecasting
module that ties into the corporate S&OP process and provides improved
planning, visibility and control over a global supply chain. The
embedded statistical processing engine utilizes a broad range of
statistical algorithms freeing up the business users to add
collaborative market insight.
Four ways that SmartSpreadSheet Forecast will directly
increase your bottom line:
- Forecast and plan with assurance.
SmartSpreadSheet Forecast will provide accurate forecasts of
demand and inventory requirements instantly in the format you
choose for a variety of corporate planning processes. Problems are identified faster to help make better use of
company resources and to balance resources including inventories.
- Reduce costs. Balanced inventory not only
reduces carrying cost but also drives optimum stocking levels
across the supply chain reducing costs associated with
rescheduling shipments and production expediting.
- Increase sales and profits. By having the
required supply items in inventory, stock-outs and backorders
are reduced leading to fewer lost sales and increased market
share. Best-in-Class companies gain increased sales and
maintain
superior customer service with better forecasts.
- Leverage existing IT assets.
SmartSpreadSheet Forecast leverages your existing company
databases and systems and seamlessly integrates with your supply
chain and ERP systems. It connects directly to SQL Server, DB2,
Oracle and other host database systems.
What Makes SmartSpreadSheet Forecast™
Different?
Collaboration. No
amount of statistical analysis is going to set one particular
forecasting tool apart. No single forecast algorithm is
going to create a huge advantage for any organization.
What makes the difference for our customers is collaboration.
Best-in-Class companies do a better job of collaborating
internally and collaborating externally with suppliers and
customers. Collaboration sets our approach
apart.
Pelyco helps companies meet the challenge of forecasting by
creating a statistical baseline plan that aligns with operations and
financial targets. This baseline becomes the foundation for
collaboration using SmartSpreadSheet to intuitively gather “feet on
the street” market intelligence in real-time.
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