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Blue Ridge Planning for NetSuite

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Blue Ridge Planning for NetSuite is the most accurate way for retailers and distributors to predict how much you are going to sell and how much inventory you need on hand to accommodate changing consumer demand patterns. Traditional forecasting, replenishment and planning solutions weren’t designed to keep up with today’s increasingly unpredictable consumer behavior. In a world where the only constant is change, Blue Ridge clients get more certainty, more speed, and more assurance. This helps you understand the why behind the buy and respond faster to the unexpected.

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Description

Blue Ridge Planning for NetSuite

Blue Ridge Planning for NetSuite provides a comprehensive forecasting and inventory optimization NetSuite offering. A better inventory investment at the lowest possible cost, starts with a better forecast of demand in the long and short term. Blue Ridge demand planning predicts precise customer requirements across every channel and location, enabling you to not only get ahead of demand, but to align inventory in the most profitable way possible.

Key Benefits

To minimize risk and execute corporate strategy, a unified demand and supply plan is essential. Blue Ridge Planning for NetSuite delivers precise and responsive daily inventory planning that increases efficiency and provides visibility for better decision making. We translate your demand forecast into a precise, daily inventory plan, with the ability to see sales, orders, receipts and more – on the specific day they will occur. This enables you respond to new events in the supply chain as they occur.

Customer Quote

We had been looking for help with our supply chain planning for 6 months before we came across Blue Ridge. The solution, the sales team, and company are all top notch. We will use Blue Ridge to replace our Forecasting & Replenishment process in our distribution & manufacturing business. The analytics provided are above and beyond anything we have seen in a NetSuite partner and look forward to seeing how Blue Ridge can elevate our service levels, reduce our overstocks, and optimize our acquisition and carrying cost. Blue Ridge has an impressive outlook on the future and roadmap for future development. They seem to offer the most robust solution to controlling inventory that we have seen.

– Mike Neely, Director, Abernathy Company

Benefits for Your Entire Organization

• Finance can understand future sales as well as cash commitments, and provide input to adjust the plan

• Merchandising has visibility to future sales and can plan additional promotions if needed

• Distribution Centers can determine daily labor plans, because they know precisely how many and what size orders will be arriving

FEATURES

Multiple Forecasting Models

 

·        The Blue Ridge Planning for NetSuite solution has multiple forecasting models that are automatically selected by practical machine learning that is embedded within the solution to give retail and wholesale distributors the best forecast accuracy for each SKU.

 

Replenishment Optimization

 

Blue Ridge Planning for NetSuite has sophisticated replenishment optimization that does the heavy lifting for replenishment order building - including building to multiple constraints, ensuring service levels are achieved and presents actionable recommendations through an easy to follow, best practice workflow.

 

Event/Promotion Management

 

·        An important component of the demand and inventory optimization plan is managing the uplift and ensuring the timely purchase of goods to support promotions. Blue Ridge Planning for NetSuite provides a comprehensive event planning solution that can be as automated as needed.

 

Multi Echelon Inventory Optimization

·        MEIO is a must for enterprises that have distribution centers or upper echelons that supply customer facing channels including stores or branches. MEIO properly handles the dependent demand forecasting and inventory optimization for downstream locations, as well as, independent demand at the upper echelons to reduce variability and ensure inventory investments are profitable and efficient.

Open to Buy & Assortment Analysis

Open to Buy Analysis enables users to quickly see how changes to the forecast affect the open to buy budget. You can simulate changes at any available level of the product (SKU) / location / channel hierarchy and see immediately see the effect on open to buy.

·        Assortment Analysis empowers NetSuite customers to validate which products and suppliers contribute the most to sales and profitability. Configurable dashboards give users a constantly updated view of the most important measurements to identify categories where products and/or suppliers need to be replaced.

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