Kimberly-Clark has selected Terra’s Multi-Enterprise Demand Sensing to enhance shipment forecast accuracy, improve service levels and reduce inventory costs.
The software analyses daily demand signals, applying mathematics to downstream data and decreasing shipment forecast error by up to 50 per cent. More accurate forecasts enable better planning, lower inventory and manufacturing costs, and improved service levels.
Gene Arnold, vice president sales & operations planning at Kimberly-Clark, said “MDS enables us to use customer data along with our own order and shipment history to optimize a short-term forecast. The shipment forecast accuracy benefit in this horizon is expected to enable a meaningful reduction in safety stock inventory.”