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Prevail 6.0 is a demand planning tool designed and supported
by Areté, Inc. to better predict product sales across
numerous locations. Areté designed Prevail to combine
two separate and equally important approaches to create a
good demand plan:
- Analysis of historical sales and statistical prediction
of future behavior
- Direct input and analysis of demand by planners
More Accurate Demand Planning
Prevail 6.0 is based on Café™ (Configurable
Auto-Weighting Forecasting Engine). Café is Areté's
proprietary technology to generate extremely accurate forecasts.
Café methodically looks for subtle relationships between
different types of market information (pricing, promotions,
exceptions, trends, seasonality) and constructs multi-leveled
models based on those that consistently predict sales historically.
More Productive Demand Planners
In Prevail 6.0, the planner can decide whether a particular
demand combination should be forecasted in Market Groups (i.e.
further broken down into Key Accounts or Channels) or whether
it is sufficiently stable to be forecasted at the Operational
Level.
With Prevail 6.0, the planner can focus their attention on
those combos that drive sales variability. The planner does
not need to enter or manage market information for op-only
combos.
Prevail 6.0 Vistas™ allow the planner to manipulate
large collections of data with a single entry. The planner
can increase or decrease the forecast of any number of combos
by defining a Vista Set. These definitions can then be stored
for later use if desired. Vistas can also be used to effortlessly
enter market information such as pricing or exceptions across
a set of combos.
Planners can Focus on Forecasting,
not Data
Prevail 6.0 comes with a rich and robust set of data interfaces.
This allows Prevail to be entirely in synch with Enterprise
Master Data. Locations, products, sales histories, etc. are
all accessed seamlessly through the interfaces, which means
there is no need to manage two sets of master data. Users
can spend much less time sorting through and managing data,
allowing them to concentrate on improving forecasts.
Planners and Managers can Easily
Analyze Results
Prevail 6.0 offers scores of metrics for the demand planning
process. Reports can be instantly defined using the new multi-dimensional
Meta-Query Engine. The user selects how they want to view
the data based on the location, product, market, or time hierarchies.
For instance, a product may belong to a brand-flavor, which
in turn belongs to a category. A user could choose to print
sales, forecasting accuracy, and mean error grouped by category,
location, and period.
Prevail implementation is a five-stage process. Each stage
of the implementation process is described in the Standard
Implementation Plan. Click
here to view a pdf version of the Standard Prevail Implementation
Plan.
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