New Horizon Forecasting Platform
We use New Horizon Supply Chain Planning Suite for forecasting our monthly and annual volumes so we can plan for our manufacturing needs. …
Overview
What is New Horizon Supply Chain Planning Suite?
New Horizon Supply Chain Planning Software SuiteSupply Chain Planning Software for Manufacturers, Wholesalers, and RetailersThe New Horizon Planning Suite offers an end-to-end planning solution featuring AI and out-of-the-box industry templates targeted at the consumer products, wholesale distribution, foodservice, and retail…
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What is New Horizon Supply Chain Planning Suite?
New Horizon Supply Chain Planning Software Suite Supply Chain Planning Software for Manufacturers, Wholesalers, and Retailers The New Horizon Planning Suite offers an end-to-end planning solution featuring AI and out-of-the-box industry templates targeted at the consumer…
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What is New Horizon Supply Chain Planning Suite?
New Horizon Supply Chain Planning Software Suite
Supply Chain Planning Software for Manufacturers, Wholesalers, and Retailers
The New Horizon Planning Suite offers an end-to-end planning solution featuring AI and out-of-the-box industry templates targeted at the consumer products, wholesale distribution, foodservice, and retail industries, making it possible to implement the solution in as little as one month.
An End-to-end Supply Chain Planning Software Suite
The New Horizon Suite provides a planning solution consisting of eight applications built on a common platform:
Supply Chain Planning Software for Manufacturers, Wholesalers, and Retailers
The New Horizon Planning Suite offers an end-to-end planning solution featuring AI and out-of-the-box industry templates targeted at the consumer products, wholesale distribution, foodservice, and retail industries, making it possible to implement the solution in as little as one month.
An End-to-end Supply Chain Planning Software Suite
The New Horizon Suite provides a planning solution consisting of eight applications built on a common platform:
- Demand Planning: Leverages Facebook Prophet technology and machine learning to produce accurate forecasts.
- Multi-Echelon Inventory Optimization: Uses machine learning to produce more realistic safety stock plans at all tiers of the supply chain and reduce inventory while meeting target service levels.
- Supply Planning: Plan capacity, procurement, distribution, truck loading, and allocation to increase the agility and responsiveness of the supply chain.
- Buyers Workbench: Plan procurement, forward buying, and freight to reduce costs and gain competitive advantage.
- Replenishment Planning: Retail operations can be planned down to the store level to maximize on-shelf availability while minimizing inventory.
- Production Planning: Automatically generates constraint-based plans for work orders and materials purchases, and can be updated as conditions change.
- Sales and Operations Planning: Aligns sales, marketing, supply chain, and finance teams to arrive at a consensus plan to achieve operational and financial goals.
- Strategic Planning: Capabilities for long-term planning, like rough-cut capacity planning, scenario analysis, and capex planning.
A Modern Cloud-based Enterprise Platform
The New Horizon Suite planning solution is built on New Horizon’s modern cloud-based platform, with features such as:
- Unified data repository: Speeds up planning and avoids data latency and integration headaches that plague suites cobbled together from disparate acquisitions.
- Enterprise-grade security services: New Horizon is certified “Grade A” by Qualys SSL Labs.
- Configurable workflow engine: Automate processes to maximize planner productivity.
- Integration services: Integrates with Microsoft Dynamics 365, SAP, Oracle E-Business Suite, Oracle ERP Cloud, and NetSuite.
- AI and machine learning: Generates forecasts and optimized safety stock levels using the latest AI and machine learning technology.
- Administration services: Reduces the level of IT support needed through New Horizon’s self-service administration front end.
New Horizon Supply Chain Planning Suite Features
Supply Chain Planning Features
- Supported: Custom alerts
- Supported: Scenario-based planning
- Supported: Resource optimization
- Supported: Capacity estimation
- Supported: Supply network coordination
Order Fulfillment Management Features
- Supported: Order fulfillment optimization
- Supported: Supplier delivery scheduling
Warehouse & Inventory Management Features
- Supported: Inventory and price forecasting
Demand Management Features
- Supported: Demand signal sensing
- Supported: Demand forecasting
- Supported: Customer analytics
- Supported: Inventory stock optimization
- Supported: Sales and operations planning
- Supported: Pricing and promotion tracking
New Horizon Supply Chain Planning Suite Screenshots
New Horizon Supply Chain Planning Suite Integrations
New Horizon Supply Chain Planning Suite Competitors
New Horizon Supply Chain Planning Suite Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
| Supported Countries | Global |
| Supported Languages | English, Chinese |
New Horizon Supply Chain Planning Suite Downloadables
New Horizon Supply Chain Planning Suite Customer Size Distribution
| Consumers | 0% |
|---|---|
| Small Businesses (1-50 employees) | 0% |
| Mid-Size Companies (51-500 employees) | 50% |
| Enterprises (more than 500 employees) | 50% |
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Reviews and Ratings
(1)Reviews
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March 31, 2024
New Horizon Forecasting Platform
Score 10 out of 10
Vetted Review
Verified User
We use New Horizon Supply Chain Planning Suite for forecasting our monthly and annual volumes so we can plan for our manufacturing needs. Forecasting is done on a monthly basis which helps us to determine any sales trends that might affect our inventory levels. New Horizon Supply Chain Planning Suite helps the salespeople determine how they want to forecast and promote their products for future sales while collaborating with manufacturing to make sure we are all on the same page.
- Forecasting product sales
- Displays key data points such as historical sales and trends
- Allows control of forecasting models based on product and sales type
- Very user friendly and Excel compatible
- Interfaces with other systems well
- Would like to be able to form my own functions using information already in the system.
- When switching back and forth from worksheets and sub-worksheets you can lose your place because it does not always go back to the same place.
85%
8.5
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80%
8.0
84%
8.4
- Helps us maintain over an 80% forecast accuracy rating with our top 20 products.
- Gives us the information needed to plan our production schedules effectively.
- Helps us plan our inventory needs to hold the correct amount of inventory as the business requires.
We were using Demantra systems for our forecasting needs, but as new versions became available and old versions, which we had, were discontinued we found the need to either upgrade or look for a new system. The Demantra upgrade was very costly and New Horizon fit our needs while being on the cloud, so most all of the upgrades were done behind the scenes with no down time. The implementation was a breeze, and the customer service was always there when you needed it. Overall, it was a very good choice for us to make the change.