Cupertino, CA -- (SBWIRE) -- 12/18/2014 -- The Forecast Errors newsletter reported that demand volatility, unreliable suppliers and forecast based planning systems is a core challenge for manufacturers. Few technology solutions have deployed solutions in hundreds of plants, in a few dozen countries and interface with ten thousand suppliers. More importantly few can specifically demonstrate the hundreds of millions in savings by eliminating forecast errors.
To read the newsletter, go to: http://info.ultriva.com/newsletter/volume-i-issue-5-december-15-2014
Forecast Errors, a weekly e-newsletter, shares methods, modes, and tools used in a variety of supply chain industries. The newsletter explores forecast errors as the difference between the actual and predicted value. In the current issue, Forecast Errors argued that what separates best-in-class companies from those that struggle with accuracy is how they root out (and learn from) forecasting errors.
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Ultriva's (http://www.ultriva.com) cloud-based platform leverages seamlessly integrates with leading ERP and MRP systems, to deliver an end to end pull based replenishment solution. Ultriva, based in Cupertino, CA, implements a global demand driven manufacturing model by providing full visibility, scheduling, and sequencing of production of customer orders. Ultriva was named one of the Great Supply Chain Projects of 2014 by Supply & Demand Chain Executive magazine and recently named one of 50 Best Supply Chain Blogs of 2014 by SupplyChainOpz. The company's global footprint is increasing rapidly with implementations in wide variety of industry sectors and enterprises such as Magellan Aerospace, CareFusion, Emerson, Ingersoll Rand, McKesson, Triumph Group, Regal Beloit, Thermo Fisher, and more.
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