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Home » Manhattan Devises Tool for Calculating Seasonal Demand

Manhattan Devises Tool for Calculating Seasonal Demand

January 20, 2010
Manhattan Associates, Inc.

Manhattan Associates Inc. has created a method for forecasting intermittent and seasonal demand of products. The company's Unified Forecasting Method is an algorithm within its Demand Forecasting application. The tool automatically senses shifts in market demand and allows users to reduce unneeded inventory. It was developed by blending four different forecasting methods. After analyzing the algorithm with a customer in the automotive parts industry, Manhattan founded the UFM could also be used to manage seasonal demand. It allows companies to maintain appropriate inventory levels of different products in different locations, saving shelf space for those that are in demand. A proof-of-concept exercise with one customer yielded projected inventory savings of nearly $150m, according to Eddie Capel, the vendor's executive vice president of global operations.

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    KEYWORDS EDI Communication (XML/EDI) Forecasting & Demand Planning Inventory Planning/ Optimization order fulfillment Product Lifecycle Management Sales & Operations Planning SC Finance & Revenue Management SC Planning & Optimization Supply Chain Visibility Technology
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