Mannington Mills Selects Demand Foresight Software To Improve Forecasting Accuracy

GOLDEN, CO, December 12, 2010 (Press-News.org) Mannington Mills, an American manufacturing pioneer with a nearly hundred-year history producing commercial and residential flooring, has chosen Demand Foresight software to optimize its supply chain management and forecasting capabilities to better compete within the rising global marketplace for manufactured commodities.
"With the implementation of Demand Foresight software, I fully expect to improve our forecasting accuracy by 25% or more, and meet or exceed current customer expectations while reducing inventory levels," said Curtis Martin, VP of Supply Chain Operations at Mannington Mills.
For Mannington Mills, it was essential Demand Foresight integrate easily into its existing SAP-based ERP software infrastructure, with as little administrative disruption as possible, and be easily maintained and accessed within a diverse user base.
"With users ranging from our own ERP team, to sales and marketing, to administrative staff - and with our mix of sourced and manufactured product - we need every financial planning advantage we can to optimize lead times and inventories," said Martin. "Unlike traditional forecasting tools that use backward-looking statistical models to analyze historical data, Demand Foresight correlates leading indicators with past activity, dramatically enhancing our ability to purchase or supply according to forecasts."

About Demand Foresight
Based on the premise that reducing forecasting error is the single most important investment to improve supply chain performance, Demand Foresight's demand planning and forecasting software sets new standards in reducing errors and increasing profitability for manufacturers and distributors. Demand Foresight's advanced, next-generation forecasting engine works within existing IT environments, and has saved clients billions of dollars through improved and measurable business decision-making. Product performance is backed by the strongest guarantee in the software industry: clients will achieve at least 25% reduction in forecasting error and be completely satisfied or get their money back. For more information, please visit http://www.demandforesight.com