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John Galt Solutions Introduces Consumer Centric Planning for Retail-Level Demand Sensing
Tuesday, October 07, 2008
Solution Provides Improved Forecast Accuracy; Reduces Out-of-Stocks and Strengthens Retailer Relationships
CHICAGO, Oct. 7 /PRNewswire/ -- Consumer goods manufacturers and retail
suppliers can now produce more accurate inventory replenishment plans from
Point-of-Sale data with today's introduction of the Consumer Centric Planning
demand sensing application from the supply chain leaders at John Galt
Solutions (http://www.johngalt.com).
Consumer Centric Planning combines retail-level metrics with daily
Point-of-Sale (POS) data to produce the most accurate forecast possible. With
the ability to quickly respond to shelf-level issues, suppliers and retailers
can streamline inventory management, avoid stock-outs, and boost sales.
"Imagine the ability to see promotional demand as it evolves, or catch
changes in retail inventory policy as they occur," says Kai Trepte, VP of
Sales & Services at John Galt Solutions. "With a real time view of each
retailer's strategy, suppliers are armed to overcome the challenges of data
latency, especially in a world of constantly changing product mix, shorter
product life-cycles and ever-present promotions."
Consumer Centric Planning allows suppliers to understand even their
largest big box customers and partner with them as never before. Mr. Trepte
points to a mid-market hardware manufacturer with an international customer
base that has used Consumer Centric Planning to increase its forecast accuracy
to more than 90 percent and enjoyed substantial improvement on vendor
scorecards from major retailers.
Consumer Centric Planning enables enterprises of all sizes to quickly and
easily realize significant improvements in forecast accuracy and process
efficiency. Consumer Centric Planning can be used by itself or in combination
with John Galt's Atlas Planning Suite. When used in combination with Atlas,
Consumer Centric Planning serves as the core of a full supply chain planning
process that provides deep inventory management, production scheduling.
For more information on Consumer Centric Planning visit
http://www.johngalt.com or call (312) 701-9026.
ABOUT JOHN GALT SOLUTIONS
John Galt Solutions helps manufacturers increase forecast accuracy and
optimizes inventory levels in consumer-driven supply chains. With the
ForecastX Wizard, the Atlas Planning and Consumer Centric Planning suites, we
provide a wide variety of affordable, easy to implement, supply chain planning
solutions designed for growing mid-market companies. Our customers typically
experience a 10 to 50 percent improvement in forecast accuracy, and 5 to 40
percent reduction in excess inventory. Join the more than 5,000 customers who
have benefited from our deep industry expertise and innovative technologies.
To learn more please visit http://www.johngalt.com.
SOURCE John Galt Solutions
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