New Horizon Forecasting Platform
March 31, 2024
New Horizon Forecasting Platform
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with New Horizon Supply Chain Planning Suite
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.
- 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.
Do you think New Horizon Supply Chain Planning Suite delivers good value for the price?
Yes
Are you happy with New Horizon Supply Chain Planning Suite's feature set?
Yes
Did New Horizon Supply Chain Planning Suite live up to sales and marketing promises?
Yes
Did implementation of New Horizon Supply Chain Planning Suite go as expected?
Yes
Would you buy New Horizon Supply Chain Planning Suite again?
Yes