Infor10 Demand Planning to Help Improve Order Fill and Stock Availability
Infor, a leading provider of business application software serving more than 70,000 customers, today announced that office supplies distributor Spicers will deploy Infor10 Demand Planning to improve forecast accuracy, enhance the alignment of stock with demand and increase order fill rates, boosting customer service.
Spicers has over 16,000 stock keeping units (SKUs) and 15 people with supply chain planning roles across multiple distribution centres. Demand Planning will be used throughout this estate to cover demand forecasting and replenishment requirements.
Demand Planning will help manage changes in patterns such as increased customer demand as a result of promotional activities and improve the alignment of demand to the orders from Spicers to its supplier partners. This will in turn improve the service delivered to Spicers’ customers.
Demand Planning replaces a legacy system that had reached end of life and was chosen on the strength of its distribution centric functionality and Infor’s deep domain expertise in the market.
“Infor10 Demand Planning is excellent news for Spicers, our dealer partners and our supplier base. The new system will help enhance demand forecast accuracy and thereby boost service levels through improved availability and order fill rates,” said David Molyneux, director of inventory, Spicers.
“As part of our drive towards significant improvements in our demand planning processes, we have invested in a sophisticated system which has been designed with the intricacies of our business in mind.”
“We continue to secure new business in the distribution sector because applications like Demand Planning are specialized by industry,” explained Pieter Leijten, vice president, supply chain management EMEA, Infor.
“Predicting customer demand is one of the hottest areas of supply chain management. Solid ROI stems from lower costs from less inventory and reduced obsolete stock; improved profitability from more accurate alignment of stock with customer demand; and better customer service. In order to achieve all of this, the software must be incredibly well aligned to the industry and that is precisely what Infor10 Demand Planning delivers.”