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| Terra Technology Releases Real-Time Forecasting v3.5 Terra Technology has announced the immediate availability of Real-Time Forecasting Version 3.5. This latest release improves forecast accuracy for large consumer products companies with complex global supply chains by delivering improved scalability, increased accuracy and enhanced ease-of-use. Key Enhancements of RTF Version 3.5 - Flexible modeling to accurately forecast for holidays in the United States and abroad, e.g., forecasting the impact of a Thursday holiday such as Corpus Cristi Day in Germany. - The capability to analyze history for patterns that reflect promotions and derive promotional volume when no actual promotional data is available. - Allocation of a forecast for a generic item when more than one SKU is selling for that item at that time. - Easy integration with SAP, enabling implementation in 90 days for SAP users. Real-Time Forecasting improves traditional demand planning systems by combining real-time data and advanced mathematics to cut forecast error. Forecast error is the single most expensive problem for consumer products companies and the largest obstacle to becoming demand-driven. When forecast error is high manufacturers produce and ship the wrong products to retailers; increasing inventory, transportation costs, manufacturing changeovers and stock-outs. When consumer products companies combine RTF with their existing demand planning systems, customer service improves; planners are more productive and sales revenue and profitability increase. write your comments about the article :: © 2006 Computing News :: home page |