Thrive Technologies, Inc, Atlanta, GA, has announced the release of Firstcast, a demand forecasting program. Firstcast is delivered as Software as a Service and can be incorporated into existing ERP systems such as SAP, JDA and Oracle.
A recent implementation for an automotive parts distributor allowed inventory buyers to use their existing replenishment system and receive new forecast numbers within thirty days. The new numbers cut forecast error in half and reduced overstock from 27 percent to 10 percent within three months.