Home / Knowledge / News / Information Technology / Ventana validates technology as critical for sales forecasting
Ventana validates technology as critical for sales forecasting
20
Sep '08
Ventana Research has validated the critical necessity of Sales Forecasting for organizations who want to optimize operational performance. Ventana Research has recently published the results of a benchmark that identifies the best practice and requirement for investment into technology for optimizing the processes.

The research highlights best in class or innovative organizations with sales forecasting best practices including: (1) the need for a dedicated and collaborative software solution, (2) the importance of financial incentives in driving improvements in forecast accuracy, and, (3) the need for adopting a single platform that supports both collaborative sales forecasting and sales and operations planning (S&OP).

“Our benchmark research determined that driving a collaborative sales forecasting process is a top priority among best-in-class corporations. In addition, Sales and Operations Planning (S&OP) solutions were also identified as key to delivering bottom-line value,” said Mark Smith, CEO & EVP of Research, Ventana Research, “Steelwedge Software is the leading provider of Sales Forecasting and S&OP solutions specifically designed to address the needs of sales and operations teams that seek to develop and convert collaborative sales forecasts into an operational planning process that can be managed and improved.”

“Coming on the heels of top ratings by Gartner and AMR for its best-in-class S&OP solution, Steelwedge is delighted by the results of the benchmark study which reinforces the strong market demand for our Collaborative Sales Forecasting and S&OP solution” said Chris Givens, VP, Marketing at Steelwedge.

“The Ventana Research benchmark validates the rapidly growing demand for next-generation solutions that can deliver the key capabilities for enabling Collaborative Sales Forecasting and S&OP”, said Glen Margolis, CEO of Steelwedge Software, “Steelwedge will continue to work with our Fortune 500 customers to further strengthen our position as the leading S&OP solution in the market.”

Steelwedge Software Inc


Must ReadView All

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search