Industry: Food Services
Technology Platforms: Microsoft Excel, SQL Server
Kemps Improves Forecast Accuracy to More Than 90%
The Project:¬† Order/Demand Management/Forecasting: Kemps recognized that their existing demand management methods were inadequate to deal with their highly promotional business. They sought a system that would be able to give greater visibility into the impact of promotions on demand without requiring a great deal of manual maintenance.
Solutions/Services: John Galt Solutions - Atlas Planning Suite
Business Impact: In the last six months, Kemps has improved their forecast accuracy from the 60 to 70 percent range to more than 90 percent. This accuracy improvement drove a tremendous increase in customer service level, reducing stock-outs and enabling a 2012 project to reduce inventory costs. Stock-outs have been tremendously reduced as well, recapturing lost sales.
* Orginally printed in Supply & Demand Chain Executive Magazine June 2012