Version 4.0 of solution incorporates methodology for combining, optimizing forecasts from different demand sources
Wilmington, DE — September 28, 2005 — Supply Chain Consultants (SCC) has released Version 4.0 of its Zemeter suite of supply chain management software products, adding features to provide greater ease of use and flexibility and capabilities for optimally combining forecasting data from multiple sources.
Building on research pioneered by Professor Robin Roundy at Cornell University, SCC said it has developed a method to optimize the process for combining different demand forecasts. These demand inputs include information statistically created by Zemeter, as well as information gathered on an exception basis through collaboration with users.
This analysis allows companies to consider the "economic significance" of including additional demand inputs from such sources as customers, sales representatives and marketing, SCC said.
"Companies cannot put in place a collaborative forecasting process without the ability to effectively and intelligently combine inputs that come from different sources," said Sujit Singh, vice president of supply chain solutions at SCC. "This has been one of the major barriers to accurate collaborative forecasting in the supply chain, and we believe Zemeter is the first commercial product that provides a viable solution to this challenge."
This latest version of Zemeter also features a new optimizer (COIN) as an option for the supply planner, as well as new methods to more effectively schedule operations. Zemeter 4.0 also provides users with an enhanced reporting and analysis capability, according to SCC.
The Zemeter suite includes Business Analyst, Collaborative Demand Planner, Supply Planner, Finite Scheduler and Order Promising (ATP/CTP). SCC said that manufacturing companies can use these Zemeter software tools to capture data that will improve supply chain performance and help make more educated business decisions.
Additional Articles of Interest
— Forecast accuracy is important, but enterprises must look beyond it to realize their demand and supply chain objectives. For more information, read the exclusive SDCExec.com article "The Accuracy Trap."
— Demand planners at glove manufacturer Wells Lamont have put their finger on a way to bring new value to the company by leveraging technology that allows them to plan by exception. Read their story in the article " Planning by Exception," in the December 2004/January 2005 issue of Supply & Demand Chain Executive.
— Rising supply costs have hit steel, paper, plastics and other markets, and many companies are facing the Hobson's choice of paying the higher prices or going without supply. For a look at how some companies are confronting this challenge, read the article "The Blowback of Reverse Auctions," the Final Thoughts column in the October/November 2004 issue of Supply & Demand Chain Executive.
Wilmington, DE — September 28, 2005 — Supply Chain Consultants (SCC) has released Version 4.0 of its Zemeter suite of supply chain management software products, adding features to provide greater ease of use and flexibility and capabilities for optimally combining forecasting data from multiple sources.
Building on research pioneered by Professor Robin Roundy at Cornell University, SCC said it has developed a method to optimize the process for combining different demand forecasts. These demand inputs include information statistically created by Zemeter, as well as information gathered on an exception basis through collaboration with users.
This analysis allows companies to consider the "economic significance" of including additional demand inputs from such sources as customers, sales representatives and marketing, SCC said.
"Companies cannot put in place a collaborative forecasting process without the ability to effectively and intelligently combine inputs that come from different sources," said Sujit Singh, vice president of supply chain solutions at SCC. "This has been one of the major barriers to accurate collaborative forecasting in the supply chain, and we believe Zemeter is the first commercial product that provides a viable solution to this challenge."
This latest version of Zemeter also features a new optimizer (COIN) as an option for the supply planner, as well as new methods to more effectively schedule operations. Zemeter 4.0 also provides users with an enhanced reporting and analysis capability, according to SCC.
The Zemeter suite includes Business Analyst, Collaborative Demand Planner, Supply Planner, Finite Scheduler and Order Promising (ATP/CTP). SCC said that manufacturing companies can use these Zemeter software tools to capture data that will improve supply chain performance and help make more educated business decisions.
Additional Articles of Interest
— Forecast accuracy is important, but enterprises must look beyond it to realize their demand and supply chain objectives. For more information, read the exclusive SDCExec.com article "The Accuracy Trap."
— Demand planners at glove manufacturer Wells Lamont have put their finger on a way to bring new value to the company by leveraging technology that allows them to plan by exception. Read their story in the article " Planning by Exception," in the December 2004/January 2005 issue of Supply & Demand Chain Executive.
— Rising supply costs have hit steel, paper, plastics and other markets, and many companies are facing the Hobson's choice of paying the higher prices or going without supply. For a look at how some companies are confronting this challenge, read the article "The Blowback of Reverse Auctions," the Final Thoughts column in the October/November 2004 issue of Supply & Demand Chain Executive.
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