IT Brief Australia - Technology news for CIOs & IT decision-makers
Story image

SAS offers Nestlé analytics solutions to improve the demand planning process

Thu, 2nd May 2019
FYI, this story is more than a year old

Nestlé has embedded SAS Analytics into key business processes that will help it sense demand for its consumer goods more accurately and reliably on a global basis.

Improved demand accuracy is an important factor for producing the right products in the right quantities at the right time to avoid excessive stock holding.

Nestlé SVP of corporate supply chain Vineet Khanna says, "SAS is the engine for demand planning at Nestlé.

"SAS is widely used for predictive analytics at Nestlé. We have trained 450 users at Nestlé worldwide to help make better demand-planning decisions.

"Our ability to implement SAS in various complex environments led us to expand our use of SAS beyond demand planning and supply chain and embrace the latest SAS technologies.

Annette Green, SAS Vice President of the DACH Region and Nestlé Executive Sponsor, said Nestlé is a legend in the world of the consumer-packaged good for understanding local demand for each of its products.

"It's inspiring to implement SAS successfully at the scale Nestlé requires," she said. "This is the foundation for Nestlé's next step with artificial intelligence (AI), machine learning and other advanced analytics.

Nestlé receives 2019 User Feedback Award

Davis Wu, PhD, Global Lead for Demand Planning and Analytics at Nestlé, received the 2019 User Feedback Award on Monday, April 29, at SAS Global Forum.

Wu was cited as a visionary who examines the ways AI and machine learning can be used for demand forecasting and planning.

His influence helped SAS create Assisted Demand Planning, a new capability inside SAS Forecast Server that uses machine learning techniques to improve forecasting.

He also helped guide the SAS product management team to enhance SAS Visual Demand Planning on SAS Viya.

Follow us on:
Follow us on LinkedIn Follow us on X
Share on:
Share on LinkedIn Share on X