Ultriva by Upland

Ultriva Profiles How Governments Eliminate Forecast Errors as Example for Best Practices


Cupertino, CA -- (SBWIRE) -- 06/04/2015 -- The Government of Sierra Leone is establishing the National Pharmaceutical Procurement Unit (NPPU). This project shall be co-financed by the Government of Sierra Leone and various donor agencies. The purpose of NPPU is to act as an autonomous body responsible for the management of various pharmaceuticals for and on behalf of all public health facilities throughout Sierra Leone. NPPU is establishing a demand driven supply chain to distribute a wide range of medicines to governmental hospitals and Peripheral Health Units (PHUs). Improved supply chain performance is seen as a key enabler for creating a sustainable operating model. The new supply chain solution will support the logistics operation. The solution will enable replenishment to the dispensing point as well as support the supplier tendering and procurement process. This is one of many features appearing in Forecast Errors Newsletter.

Forecast Errors, a weekly e-newsletter, sponsored by Ultriva, Inc. shares methods, modes, and tools used to inform Manufacturers' of forecast errors that they face on the manufacturing floor, and with 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.

A forecast error is the difference between the actual and predicted value. The consequences are expensive inefficiencies that can be resolved with lean manufacturing technology.

To subscribe to Forecast Errors, go to: http://info.ultriva.com/newsletter

About Ultriva
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. Follow Ultriva on Twitter at @Ultriva.

Ultriva, Inc.
Cindy McGowan
Marketing Executive