News

18th November 2020

sofco Demand Planning V11.1 is released
sofco Demand Planning V11.1

sofco, a leading provider of integrated and collaborative End-to-End Planning Solutions for the Consumer Goods and Manufacturing sectors, announces the release of sofco Demand Planning Version 11.1. sofco aim to deliver innovative enhancements that are designed to improve the demand planning experience for our customers.

What's new in this version?

Feature
Description
New Functionality
  • Insights – Machine Learning advises changes to Parameters, Rules and Algorithm Type in order to improve results
  • Algorithm Results Logic Explorer i.e. Why did it produce these results?
  • New improved Categorisation Algorithms
  • New Probabilistic Forecasting Algorithms
  • Demand Sensing using short term sales and external data e.g. EPOS
  • Improved Forecasting Algorithm Performance
  • Exceptions Diagnosis – direct navigation to Root Cause
  • Improved Product Life Cycle Management, particularly Phase In/Phase Out via Machine Learning
  • New Advanced Promotions Planning Module including; Event Management, Event Analysis, Uplift Algorithm, Approvals Process, In Flight and Post Event Analysis
  • Built in Collaboration for Internal Users e.g. Sales Teams by Browser or Apple/Android Tablet Device
  • Unified application & Database for all planning functions
  • Unified KPI’s, Exceptions & Dashboards across all modules in the suite
  • Unified Analysis & Reporting across all modules in the suite with integration into Power BI
  • New Data Navigator & Drill Down
  • New Collaborative Module allowing Offline Working and Approval Workflow Management
  • 3rd Party Portal allowing restricted access to external Users e.g. Customers or Suppliers
Technology
  • HTML 5 Technology
  • Microsoft SQL Server/Microsoft Azure SQL
  • On Premise, Hosted or Cloud Deployment
  • Active Directory Integration
  • Office 365 Integration
User Interface (Web & Device)
  • Supports all modern Browsers e.g. Edge, Chrome etc
  • Apple and Android Tablet Devices
Flexible Environment
  • Multi Users System
  • Multi Language - Application and Data localisation
  • Multi Currency
  • Multi Unit of Measure
  • Multiple Dimensions e.g. Product, Market, Business Unit, Warehouse, Plant, Vendor, Time
  • User definable Hierarchies in and across all dimensions
  • Single site or Multi-Sites/Region/Country/Continent/Global operation
Existing sofco Functionality
The system will contain the existing sofco Demand Planning functionality:
  • Statistical Forecasting
  • Profile based Forecasting and Reforecasting
  • Forecasting through the Product Life Cycle
  • Top Down & Bottom Up Planning
  • Event Planning
  • Volume and Financial Forecasting
  • Forecast Accuracy Measurement
  • KPI's and Exceptions
  • Scenario Planning

New Functionality
  • Insights – Machine Learning advises changes to Parameters, Rules and Algorithm Type in order to improve results
  • Algorithm Results Logic Explorer i.e. Why did it produce these results?
  • New improved Categorisation Algorithms
  • New Probabilistic Forecasting Algorithms
  • Demand Sensing using short term sales and external data e.g. EPOS
  • Improved Forecasting Algorithm Performance
  • Exceptions Diagnosis – direct navigation to Root Cause
  • Improved Product Life Cycle Management, particularly Phase In/Phase Out via Machine Learning
  • New Advanced Promotions Planning Module including; Event Management, Event Analysis, Uplift Algorithm, Approvals Process, In Flight and Post Event Analysis
  • Built in Collaboration for Internal Users e.g. Sales Teams by Browser or Apple/Android Tablet Device
  • Unified application & Database for all planning functions
  • Unified KPI’s, Exceptions & Dashboards across all modules in the suite
  • Unified Analysis & Reporting across all modules in the suite with integration into Power BI
  • New Data Navigator & Drill Down
  • New Collaborative Module allowing Offline Working and Approval Workflow Management
  • 3rd Party Portal allowing restricted access to external Users e.g. Customers or Suppliers

Technology
  • HTML 5 Technology
  • Microsoft SQL Server/Microsoft Azure SQL
  • On Premise, Hosted or Cloud Deployment
  • Active Directory Integration
  • Office 365 Integration

User Interface (Web & Device)
  • Supports all modern Browsers e.g. Edge, Chrome etc
  • Apple and Android Tablet Devices

Flexible Environment
  • Multi Users System
  • Multi Language - Application and Data localisation
  • Multi Currency
  • Multi Unit of Measure
  • Multiple Dimensions e.g. Product, Market, Business Unit, Warehouse, Plant, Vendor, Time
  • User definable Hierarchies in and across all dimensions
  • Single site or Multi-Sites/Region/Country/Continent/Global operation

Existing sofco Functionality
The system will contain the existing sofco Demand Planning functionality:
  • Statistical Forecasting
  • Profile based Forecasting and Reforecasting
  • Forecasting through the Product Life Cycle
  • Top Down & Bottom Up Planning
  • Event Planning
  • Volume and Financial Forecasting
  • Forecast Accuracy Measurement
  • KPI's and Exceptions
  • Scenario Planning


About sofco Limited

sofco is a leading provider of integrated and collaborative End-to-End Planning Software Solutions for the Consumer Goods and Manufacturing sectors. The sofco suite of application solutions cover the key operational processes of Demand Planning, Trade Promotions Planning, Supply Planning (Production, Procurement, Distribution & Inventory), Production Scheduling as well as the strategic processes of Sales & Operations Planning and Integrated Business Planning.

sofco serves leading global organisations including manufacturers and distributors of many household brands as well as industrial and other manufactured goods, providing an End-to-End Planning and Supply Chain Visibility solution which also fully supports 'Operational Analytics' including 'What If' scenario-based planning and supply chain financial view. Whether on site or in the cloud, our customers have seen significant benefits from reduction in inventory, reduction in stock-outs for fast-moving goods, increased product availability and a reduction in working capital, through our focus on eliminating unnecessary cost and complexity without sacrificing functionality or business results.





Sofco Limited
sofco is also an & Distribution partner
sofco Limited is a company registered in England and Wales
Company Number 11018126





Sofco Limited
sofco is also an & Distribution partner
sofco Limited is a company registered in England and Wales
Company Number 11018126