Blue Ridge Named to “Supply & Demand Chain Executive 100” for Cloud Demand Forecasting, Inventory Replenishment Project
July 11, 2013
Grazed from PRWeb. Author: PR Announcement.
Blue Ridge announced today that it has been selected by Supply & Demand Chain, Executive magazine as a 2013 “Supply & Demand Chain Executive 100” award winner. In the 11th annual listing, Supply & Demand Chain Executive recognized Blue Ridge for driving significant bottom-line results by implementing the company’s SaaS demand forecasting, replenishment and analytics solutions at Swedish retailer Procurator.
Procurator, omni-channel retailer of industrial safety supplies, sought a more precise solution to predict the influence of their demand-shaping activities and to ensure inventory was positioned where the company drove demand. Less than a year after implementing the Blue Ridge demand forecasting, replenishment and analytics solutions, Procurator increased in-stock performance from 89 percent to 97 percent, cut inventory by a total of 25 percent, and more than doubled inventory to 6.5…
Each summer, Supply & Demand Chain Executive awards 100 businesses that exhibit success in driving efficiency improvements and bottom-line value across their customer’s supply chains. Selected from a multitude of applicants, judges gathered information on supply chain projects through an online submission process. “Our goal with this year’s ‘100’ is to put the spotlight on successful and innovative transformation projects that deliver bottom-line value to small, medium and large enterprises across the different functions that comprise the supply chain,” stated Barry Hochfelder, Editor at Supply and Demand Chain Executive Magazine. “The projects featured in the ‘100’ article can serve as a roadmap for supply chain executives looking for new opportunities to drive improvement in their own operations.”
Blue Ridge was privileged to win the award for rapidly addressing the needs of Procurator’s omni-channel, retail supply chain. “This year’s competition reflects the need for solutions that can tackle growing complexity in today’s supply chains,” stated Greg White, CEO of Blue Ridge. “We are thrilled at the success Procurator has achieved, and this award represents an honor for both the team at Procurator as well as our own.”