FAG

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FAG 3 ManufacturingPresents
VS.
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Group Members
Wynand Stassen Goh Sing Kuan Rong
Lian Weirong Zhang
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Introduction to Foresight Technologies

• Foresight is designed to let you predict and
  understand your customers volatile demand
  patterns through advanced data analysis of
• your point-of-sale information (POS)
• inventory levels
• ERP data
• channel information
• information about your products
• sales histories
• promotions
• outside and forward-looking information like
  causal factors and econometric data

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PREDICT UNDERSTAND

• As it learns more over time, Interactive Neural
  Computing changes its models on its own as it
  sees
• shifting demand patterns
• trends
• causal factors
• introduction of competing items
• new competition
• product obsolescence.

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FUNDAMENTAL DIFFERENCE

• Other forecasting vendors use same combination of
  statistical modeling methods to forecast demand,
  such as multivariate regression, as opposed to
  non-linear Interactive Neural Computing
  forecasting models Foresight uses.
• Result Real time forecasting models as opposed
  to linear models with data limited by months or
  weeks

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Results

• achieve dramatic improvements in
• sales forecasting
• demand planning
• demand management
• customer relations

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Financial Impact

• In pursuit of increasing profitability by 3-8,
  the improved forecasts help you to
• Reduce COGS vs. revenue by 2-5
• Improve customer service by at least 10
• Increase revenue by 2
• Reduce forecast and demand planning error by
  25-50
• Improve pre-tax profitability by a minimum of 5
• Time to Value
• Foresights products go in quickly, in 8 weeks or
  less and show a rapid ROI in six months or less.

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Target Business size

• Product pricing
• 50,000 to 500,000
• Three categories
• Greater than 500 users 
• 100-500 users 
• Less than 100 users 

Notes Price range represents total cost of
ownership for one year the license fee,
training, implementation, consulting, and first
year maintenance as well as customization of the
product to your business environment and needs.
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Operating Environment
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General information

• Source code Closed
• Language availability English
• Mode of DeliveryPackaged Application

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Customer Industries

• Computers and TechnologyAutomotiveHealthcareAgr
  iculture and ForestryPharmaceuticalAerospace
  and DefenseRetail and WholesaleOther Industry
  Specific (not listed)Natural ResourcesGovernment
  and Public AdministrationFood and
  BeverageTextiles and ApparelManufacturing
  Industries

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Customer testimonies

• 21 million reduction in inventory

• 125,000 annual reduction in inventory and
  re-work
• Improved customer service
• Dramatically improved forecasting and planning
  accuracy

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• 25 percent reduction in inventory
• Improvement in customer service from 92 percent
  to 98 percent

• 30 percent reduction in inventory
• Improved customer service

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Thank you for your time!
Conclusion The manufacturing department
recommends that PetPro acquire the Foresight
Demand Forecasting technology. We not only
believe that it will keep PetPro on the edge of
new technology, but also result in significant
financial benefits, customer relation
improvements, and increased operational
efficiency.
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Note Scale does not represent actual numbers
rather it indicates a rating from 1 to 10 with 1
being bad and 10 being good