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Case Study Description
Peerless Pump has been designing, engineering, and manufacturing pumps for more than 80 years. The company was basing component stock levels on historical data, as it did not have the ability to accurately forecast customer demand. But with forecasting and demand planning software that increased forecast accuracy, the company has nearly doubled its sales over the past four years, while keeping inventory levels constant.
Related Topics: Forecasting, Manufacturing Management, Product Data Management, Production Planning, Material Requirements Planning (MRP)
Related Keywords: Demand Solutions, supply chain solutions, supply chain solution, inventory planning, forecasting and planning, forecast accuracy, sales and operations planning, inventory planning and, supply chain management solution, forecasting tools, demand planning software, forecasting tool, forecast tool, forecasting accuracy, forecast tools
Source: Demand Solutions
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