Improved Forecasting Helps Microsemi Slash Millions in Inventory Costs
When Microsemi consolidated its communication and government business units into one, each had a different way of forecasting demand. One used a custom forecasting tool that users found ineffective, and the other employed manual methods such as spreadsheets. Neither method incorporated opportunity data from the sales team, so it had to be integrated in an ad-hoc manner. Because the forecasting process was inadequate, the operations team was driving almost double what it needed into production. Inventory skyrocketed—yet Microsemi still didn’t hit its revenue target.
As a result, Microsemi embarked on a search for a Sales and Operations Planning (S&OP) solution to facilitate better collaboration and forecasting, and to reduce inventory. In this case study, learn why the company chose E2open’s Sales & Operations Planning solution to achieve its goals.
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