PeopleSoft Announces Supply Chain Planning 8.8
PeopleSoft Announces Supply Chain Planning 8.8
New Planning Architecture Drives
Plan Accuracy, Feasibility and Confidence
PeopleSoft, Inc. (Nasdaq: PSFT) today announced the general availability of PeopleSoft Supply Chain Planning 8.8, a key component of its Performance-Driven Manufacturing suite. Supply Chain Planning 8.8 utilises a centralized data warehouse that combines planning, performance management and operational systems. As a result, real-time collaboration and analysis enable companies to improve forecast accuracy, quickly adjust plans to reflect changes in the market, and ensure that business analysis and financial reports are based on the most up-to-date information.
Quick Facts
PeopleSoft Supply Chain Planning 8.8 shares a common analytical platform with transaction systems, so managers are alerted quickly when orders deviate from the forecast
Pure Internet Architecture and browser-based access makes enterprise-wide collaboration more efficient as remote offices, manufacturing partners, customers, and strategic suppliers contribute to and execute on a shared plan.
Plan accuracy and confidence is increased, planning cycles are streamlined, and operations more accurately reflect actual demand and supply.
Supply Chain Planning 8.8 comprises three new applications:
Demand Planning: Companies can create demand forecasts based on statistical analysis of demand history, causal factors such as events and promotions, and input from both employees and trading partners. Demand Planning 8.8 features 14 new advanced forecasting algorithms, enabling easy comparison of forecasts to actual sales results to continually improve plan accuracy.
Inventory Policy Planning: Organisations can strategically manage inventory to reduce carrying costs, labour costs and inventory write-offs. New analytics enable planners to create “what-if” scenarios to compare current inventory policies with alternative policies, project the cost of different inventory strategies and measure impact across the supply chain.
Supply Planning: This advanced planning and scheduling application ensures that purchases and production capacity are aligned to produce the products in highest demand. Tight integration with PeopleSoft’s Demand Planning enables planners to create smart schedules that are tied to forecasted events. New Pure Internet Architecture enables real-time interaction between a company and its suppliers. As a result, suppliers can update product availability, enabling manufacturers to determine quickly if they can deliver newly requested materials.
“The reality is that manufacturing operations are complex, and without thoroughly integrated planning solutions, organisations will continue to experience poor plan-to-actuals results,” said Ray Kloss, Director Product and Industry Marketing Japan and Asia Pacific, PeopleSoft. “In this new release PeopleSoft continues to drive organisational confidence and accuracy in the planning process.”
About PeopleSoft
PeopleSoft
(Nasdaq: PSFT) is the world’s leading provider of
application software for the real-time enterprise.
PeopleSoft pure internet software enables organizations to
reduce costs and increase productivity by directly
connecting customers, suppliers, partners and employees to
business processes on-line, in real time. PeopleSoft’s
integrated, best-in-class applications include Customer
Relationship Management, Supply Chain Management, Human
Capital Management, Financial Management and Application
Integration. Today more than 5,100 organisations in 140
countries run on PeopleSoft software. For more information,
visit us at
www.peoplesoft.com.