Teradata and Steelwedge
Steelwedge announced today that it has entered into an agreement with Teradata Corporation (NYSE: TDC), the global leader in enterprise data warehousing, to incorporate its Sales and Operation Planning solution (S&OP) capabilities to the Teradata Warehouse™ solutions portfolio.
This addition will enable large enterprises, many for the first time, to realize the significant business benefits of Demand-Driven Supply Networks (DDSN).
“Our collaboration with Teradata is a great opportunity to help the large corporate enterprise improve Sales & Operations Planning and corporate performance,” said Steelwedge CEO Glen Margolis. “Teradata is the gold standard in data warehousing and now with Steelwedge S&OP, these large companies will become more agile, productive and profitable.”S&OP continues to be viewed by manufacturing enterprises as a key source of competitive advantage. In a recent survey of 210 companies about supply chain technology strategies conducted by the Aberdeen Group, Sales and Operations Planning ranked among the top three application focus areas for four major industry segments: High-Tech, Discrete, Consumer and Process industries. Steelwedge S&OP is a total solution that supports secure, version-controlled, multiple views of forecasts and plans in a single environment to facilitate collaboration, eliminating uncontrolled spreadsheets and limited point applications from ERP, CRM, APS and BI.
“Even though S&OP excellence is primarily driven by process excellence, having a technology backbone that supports the management of data from multiple sources as well as the ability to leverage the data to manage forecasts across sales, marketing and supply chain is critical. In addition, the solution should support the ability to balance supply and demand based on profitability,” said Nari Viswanathan, Research Director, Supply Chain and Logistics, Aberdeen Group. “Steelwedge and Teradata bring together a practical approach to solving this critical problem.” “As more companies are pursuing demand-driven supply networks to improve performance, there’s a significant need for technology to support the people and process changes that are required for more robust sales and operations planning,” said Michael DeBrosse, Teradata Vice President of Demand and Supply Chain Solutions Marketing. “Steelwedge S&OP is an excellent fit for our portfolio, and a critical component for leading edge supply chain management.”The S&OP software is available immediately for use with the Teradata Warehouse.
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