July 25, 2006, 12:00 AM

New crop of vendors bringing innovation to demand forecasting, analyst says

Several new vendors are offering innovative, web-based means of forecasting retail demand and collaborating with suppliers, mixing both analytics and business process management in the same application, Gartner analyst Andrew White says.

Paul Demery

Managing Editor, B2B E-commerce

Several new vendors are offering innovative, web-based means of forecasting retail demand and collaborating with suppliers, mixing both analytics and business process management in the same application, Gartner analyst Andrew White says.

“There’s a lot of innovation going on in this area,” White tells Internet Retailer. While some of the more established vendors are focused mostly on either analytics or business process management, relatively new vendors like TrueDemand Software, Quantum Retail and Blue Agave Software are providing both analytics and business process management, he says.

By comparison, older vendors like Retalix, Business Objects and SAS are strong on analytics, while others including i2 Technologies are focused more on business process management. The analytics applications provide the data retailers need to produce forecasts of what will sell and what they should order from suppliers, but the business process management systems provide the platform to share information and collaborate with suppliers, White says.

Vendors like TrueDemand and Quantum Retail let retailers gather useful analytics data and collaborate with trading partners on a single platform, White says.

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...

FPO

Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...

Advertisement