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Home>Demand Management, Inc. Announces Siemens Healthineers Wins Ventana Leadership Award in Service and Supply Chain Excellence

Demand Management, Inc. Announces Siemens Healthineers Wins Ventana Leadership Award in Service and Supply Chain Excellence

Demand Management, Inc. Announces Siemens Healthineers Wins Ventana Leadership Award in Service and Supply Chain Excellence

10/06/2017

Demand Management, Inc. Announces Siemens Healthineers Wins Ventana Leadership Award in Service and Supply Chain Excellence

Demand Management, Inc. is pleased to announce that Joanna George, senior manager of global demand planning and processes at Siemens Healthineers, has been honored with the 2016 Ventana Research Business Technology Leadership Award in Service and Supply Chain Excellence. The award was given to her and the company for their implementation of Demand Management’s Demand Solutions supply chain planning solution to improve forecast accuracy, lower inventory, and improve cash flow.

The award in Service and Supply Chain Excellence recognizes the organization that has best contributed to, or led efforts to, optimize supply chain performance through applications and analytics. Ms. George received the honor in the category of Operational Leadership. The awards are intended to bring forward leaders and pioneers who have contributed to their organizations’ successes.

“Demand Management is delighted to congratulate Joanna George and Siemens Healthineers on this prestigious award,” said Bill Harrison, President, Demand Management. “We are deeply honored that our supply chain planning software played a transformative role in improving forecast accuracy for our distinguished customer.”

Siemens Healthineers needed to quickly migrate away from an acquisition’s spreadsheet-based planning to the Demand Solutions software to leverage its more robust forecasting. The company wanted to achieve or exceed 85% forecast accuracy for its reagent and consumables product planning, to better anticipate demand, and meet customer delivery expectations. This would also “right-size” inventory levels at distribution centers in the European Union and the United States, minimizing overstock and obsolescence.

“Demand Management is only successful when our customers are successful,” Harrison said. “Forecast accuracy is crucial in today’s business world, where demand comes from multiple channels, supply crosses complex, multitier networks, and customers expect rapid fulfillment of their orders. Joanna George and Siemens Healthineers have shown that an advanced supply chain planning solution can reduce demand uncertainty. This helps ensure that product is produced and inventory staged at the right place and time. Through this award-winning solution implementation, their demand planning organization has measurably impacted business success.”

About Ventana Research

Ventana Research is a business technology research and advisory services firm. The company provides insight and expert guidance on technology through research-based offerings that include benchmark research and technology evaluation assessments, education workshops, and its research and advisory services, Ventana On-Demand.

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