Software provides retail-centric planning.
Press Release Summary:
Prescient 6 enables consumer products manufacturers and distributors to maximize relationships with retailers and trading partners. Electronic templates correspond to trading partners' requirements for supply chain data exchange with suppliers. Internal interoperability ensures that supply chain information can be accessed by various systems that comprise IT landscape, as well as across organization's departments. Software includes Microsoft SQL Server database support.
Original Press Release:
Prescient Empowers Consumer Products Industry with Retailer-Centric Planning
Prescient 6 Release Boasts Enhanced Capabilities for Integration, Demand-Driven Management and Architecture Support for Increased Performance and Microsoft SQL Server
WEST CHESTER, Penn. - Feb. 3, 2003 - Prescient, a leading provider of supply chain planning solutions for consumer products suppliers, today announced the availability of Prescient 6, the latest version of its award-winning supply chain planning suite. Prescient 6 combines robust architectural enhancements with new demand-influencing functionality and integration capabilities to support retail-centric collaboration between consumer products manufacturers and distributors and their major customers: retailers.
The suite is tailored to meet the integration imperative that suppliers are faced with, increase technology performance with an open architecture and maximize trading partner relationships through demand-driven management.
"Supply chain collaboration programs have become increasingly complex in the wake of new compliance initiatives and other retailer-driven requirements," said Prescient President and CEO Jane Hoffer. "Manufacturers and distributors are faced with the task of reconciling the needs of their trading partners without compromising their own business objectives or incurring additional costs. Prescient 6 gives consumer products suppliers the tools they need to take control of their relationships with retailers, tailoring collaboration processes and programs while improving their own decision-making across the supply chain."
Integration Enhancements
Prescient enhances integration and interoperability functionality with Connections, Prescient's platform for data synchronization and integration.
- Optimized Customer-Specific Communication - An expanded library of Retailer Roadmaps, electronic templates that correspond to individual trading partners' varying requirements for supply chain data exchange with suppliers.
- Increased Support for Data-Sharing Standards - Connections facilitates interoperability with the following data synchronization requirements and standards: AS2, EDI, XML and new in Prescient 6, UCCnet.
- Enhanced Internal Interoperability - Ensures that supply chain information can be accessed by the various systems that comprise today's IT landscape, (ERP, SCM and CRM systems), as well as across an organization's various departments.
Other Prescient 6 Features
- XML-based data transformation functionality, which enables users to define rules for transforming data from a variety of formats into one that is easily readable by Prescient's software.
- Microsoft SQL Server database support. Prescient will continue to support Oracle's database management software.
- Inventory Optimization, which enables companies to set an inventory investment level or service-level goal for a group of products, rather than for individual product lines. Organizations can manage demand more dynamically by anticipating how major supply chain events will affect safety stock investments or customer service and model what-if scenarios to meet desired goals.
"We upgraded to Prescient 6 with the ultimate goal of improving customer service and enhancing communications with our key trading partners," said Dean Weishaupt, Director, Demand Flow, Doane Pet Care and beta user of Prescient 6. "The interoperability and integration capabilities available in this new release will improve collaboration without committing additional IT resources or sacrificing service levels to even our smallest trading partners. Prescient 6 provides us with exceptional visibility into demand, allowing us to make better informed business decisions."
Prescient 6 is generally available now. For more information on pricing for new customers and configurations visit Prescient at www.prescientsystems.com.
About Prescient
Prescient empowers consumer products manufacturers and distributors, enabling them to maximize their relationships with retailers and trading partners. Prescient gives suppliers the ability to adapt to each of their customers' changing business and compliance needs while improving their own decision-making across the entire supply chain. The company's supply chain software and services incorporate greater visibility into real-time demand and point-of-sale information, delivering more accurate demand, replenishment and production plans to ensure higher service levels without the financial burden of excess inventory. Household brand names like The Dial Corporation, Domino's Pizza, Binney & Smith (Crayola Brand), AAi.FosterGrant and Wyeth Consumer Healthcare rely on Prescient. For more information, go to www.prescientsystems.com.
