The concept is basic, even if the science isn’t. Your essential ingredient to business success is aligning your supply chain with customer demand as precisely as possible. The better you do this, the more sales you’ll capture while eliminating excess inventory — keeping customers happy while improving your bottom line.
Our mission is to make your supply chain as profitable as possible, while ensuring product availability. We do this by providing uniquely precise forecasting and planning technology, unrivaled monitoring and guidance, and rapid results with remarkably low risk.
Why it Matters?
Forecast the customer with transaction level data.
Blue Ridge delivers the purest demand, including demand drivers, allowing the best translation into
segmented demand forecasts in order to predict demand more effectively and drive cost-effective
supply chain action.
Precision Planning - Timephased joined order forecast
Practical (not theoretical), complete demand and supply plan optimized for economics, yet built
to consider your unique supply chain rules and constraints. Blue Ridge delivers unheard of accuracy
for ordering and positioning inventory, as well as pre-emptively planning sales, operations, logistics, finances, and more.
Rapid and Sustainable Results.
Time to (live) production in as little as 90 days.
rather than customized. ROI results in weeks or months, not years from deployment.
Why It Matters?
Although some legacy supply chain solutions are migrating to the “Cloud”, most of these systems are not architected from the cloud up to take full advantage of the capabilities of a multi-server, cloud-native architecture. Some are simply older, on-premise solutions – only now hosted in the software provider’s data center.
Achieve measurable results in weeks or months with Cloud-Native delivery platform.
With Cloud-Native, companies are able to work with extremely large sets of data and perform complex operations across that data without massive investments in hardware that spends nearly all of its time underutilized.
Pay-as-you-go Operating Expenses
With Blue Ridge’s Cloud-Native technology, you do not have to purchase hardware and provision internal resources to host or implement the application.
Global Access for Employees - Lower Total Cost of Ownership
Since the software is hosted in the cloud and accessible over the internet, users can easily and securely access the application anytime, anywhere.
Why it Matters?
Blue Ridge includes our unique LifeLine service team as part of every customer engagement.
Proactive, Domain Expertise
LifeLine service supply chain experts monitor all activities, proactively alerting you to issues, and guiding your team to new opportunities.
support. This enables the facilitation of quarterly updates to provide the following: key performance indicator (KPI) assessment, seasonal forecast guidance, period-ending fine tuning, and category management analysis. This level of analytics and support empowers you to continuously evaluate and improve your business.
On-Shore team of supply chain professionals not only provide guidance when you pick up the phone and ask for help, but they also proactively monitor and advise on your supply chain conditions to ensure you capitalize on every opportunity and avoid disruptions.
Why It Matters?
Integrated Time-Phased Planning
In order for an enterprise to assess current and future conditions, time-phased planning is essential. Blue Ridge provides unique precision and granularity in the time-phased plan.
- Distribution centers can determine how much labor to plan for a specific day in the future, because they know precisely how many and what size orders will be arriving
- Transportation can plan routing and equipment requirements with the same visibility to when orders will be ready for pick up from suppliers
Second, the precision of the time-phased plan is assured by the daily level demand forecast and the daily detail of the replenishment plan. This daily granularity provides the ability to create fully configured orders for up to 24 months into the future. These precise order projections use the same logic to produce current orders and adhere to the following:
- Order schedules or projected needs for replenishment to assure service level goals are met
- Case pack, pallet or other SKU level rounding requirements
- Order level constraints, such as truckload weight or cube that require further quantity rounding
This level of detail allows for very precise projection of future sales demand, future inventory value, future space needs, and many other projections that help all departments in the enterprise to plan, project and react appropriately to the impact of supply chain conditions. For instance:
- Finance can determine end-of-month cash commitments for inventory
- Category Management/Merchandising can identify seasonal or market trends for categories, items, regions or stores
There are more options and the information can be aggregated and disaggregated in any way since it is built from consumer demand. Integration of this “single version of truth” is essential to planning and executing effectively in today’s complex and fast-moving marketplace.
Multi-Echelon (True Stochastic / Deterministic)
For clients who need to manage inventory, planning and replenishment across vast distribution networks, Blue Ridge’s multi-echelon functionality is critical for successful inventory alignment.
the most accurate representation of future demand for the DC is what will be ordered in the future by the stores. What the stores will sell is only an input to the overall process. Blue Ridge has an understandable and simulate-able method for predicting future store order requirements. This helps ensure a more precise demand signal from the lower tiers to the higher tiers. However, most industry competitors still use the sales or shipments from the past to create a demand forecast for the DC. While a traditional stochastic ‘demand forecast’ works for stores, there are some inherent flaws with this technique for DC’s or suppliers. Over/under simulations of the aggregated store stock status do not provide an adequate understanding of what will drive order quantities from the stores. They do not consider individual store stock conditions and order schedules, and are therefore inaccurate.
Inventory Income Statement
As an example of what LifeLine Support Service can provide to your company, we created an Inventory Income Statement that is available to all current Blue Ridge clients.
Standard Deviation vs. MADP
Standard Deviation is a statistical measure that calculates the historical fluctuations in demand when using a statistical forecast.
Due to this precision, Blue Ridge safety stock levels have performed at a 20% to 25% greater accuracy,
resulting in reduced inventory levels while sustaining increases in fill-rates and in-stocks. For calculation
of demand variability, many industry competitors still utilize the traditional Mean Deviation calculations
(MAPE or MADP). Because of the processing power required to take into account the square root function required in Standard Deviation and the fact that early systems (platforms) could not process the information in a timely manner, an alternative was sought after. Mean Deviations are simply a way of estimating Standard Deviation without calculating a square root. In addition to the averages calculated by these methods, arbitrary multipliers are applied to attempt to approximate the precision of Standard Deviation. The degradation of accuracy impacts the factors the system uses to compute safety stock and results in unnecessary inventory due to these estimates.
Unit / $ Due Order Logic
Many replenishment solutions don’t even offer the ability to prompt an order to be approved by trying
to avoid out-of-stocks and lost sales, and the few that do, prompt orders to be “Due” based on avoiding
lost sales in dollars.
Events / Planned Promotions
In the Event functionality, Blue Ridge offers the ability to determine the amounts of inventory needed (and
when) for an upcoming promotional event.
Safety Stock Rounding
Blue Ridge uses actual calculated safety stock to ensure the most efficient and optimal levels of inventory
Planning is such an integral and critical activity for most clients, in any given industry.
Supply Chain Analytics, an integrated tool in Blue Ridge, is perhaps the most wide ranging offering
and benchmarking, etc.
Ridge, if the user needs to combine data or information from multiple sources. This is the best proactive
‘pre/post-exception’ tool available for ensuring optimal service and inventory alignment. Reports can be created in Blue Ridge for analytic guidance as well as creating information to be shared in a collaborative environment. Users have leverage to be proactive, in sharing updated and timely information on a daily basis. The value of thorough in-depth analysis and a process that allows the user to affect change can’t be overlooked - service can be dramatically increased, dead inventory reduced, and profitability optimized. Very few of our competitors offer any type of reporting or analytic capabilities at all, or have a basic offering that does not have the strong structure and capabilities that Blue Ridge offers. The reporting and analytic functionalities offered by our competitors are considered additional modules to the base program, and will
incur additional costs to you.
Events / Planned Promotions
In the Event functionality, Blue Ridge offers the ability to determine the amounts of inventory needed (and when) for an upcoming promotional event.
Safety Stock Rounding
Blue Ridge uses actual calculated safety stocks to ensure the most efficient and optimal levels of inventory needed.
These days, partnering with your suppliers can help establish and maintain a positive and productive relationship that can help improve KPI’s for both of your companies.
Advanced Profiling Techniques
This gives you the ability to assign individual seasonal profiles to groups of items, by assigning a seasonal probability value to each individual item - this determines the degree of seasonal patterns recognized by the system. Correct profiling increases service during peak periods while reducing inventory during low periods.
Due Order by Units or Dollars
Other competitors’ Due Order Logic is by Dollars only, giving greater focus on big ticket items.
Lead Time with Zero On Hand
Lead time is valuable for replenishment purposes in order to account for inventory requirements between orders.
Auto Range Forecasting
Because current demand is so important for produce/perishable replenishment, the need to use current demand in forecasting is paramount.
Profiles - Group Profiles
This functionality gives the buyer the ability to group multiple items together for the purposes of creating group profiles.
Special Account Forecasting
With Blue Ridge, the buyer has the ability to forecast special account demand.
Blue Ridge has the ability to use fractional numbers, not just whole numbers, to facilitate demand forecasting. For example, if a retailer or distributor sells items by the case, Blue Ridge has the capability to use fractional numbers (e.g .5 = 1/2 case).
Profiles - Auto Daily Profiling
Daily profiles in Blue Ridge are built by the system for the buyer which removes manual and time consuming builds. Additionally, daily profiles may be built from a single item or across items (groups, categories, etc.).
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