A world-renowned beverage company was looking for a way to improve its forecasting and demand planning capabilities. Aware of Accenture’s expertise in analytics-driven solutions, the global beverage company turned to Accenture Analytics. In the forecasting pilot Accenture Analytics put together, they demonstrated greater accuracy than the beverage company’s existing solution. This is expected to lead to improved fill rates and more cost-efficient management of the supply chain. Future benefits to the beverage company are estimated at $3.9 million annually.
The client sought greater understanding of causal factors affecting demand. Sales forecasting is essential for efficient resource planning, for cost control and for higher levels of customer satisfaction.
For companies in the consumer products industry, SAS software is considered a best-of-breed solution for statistical forecasting and advanced analytics. Making a substantial investment in SAS software, the client sought Accenture’s help in implementing a demand planning solution that would integrate SAS with the company’s data sources and enterprise resource planning (ERP) system.