flexis releases cloud-based S&OP 4.0 with AI-based forecasting
Stuttgart, November 25. Germany-based flexis AG successfully launched the newest version of its cloud-based Sales & Operations Planning solution (S&OP) which integrates the new AI based forecasting tool SmartProc AI and offers a seamless integration into existing processes. The flexis S&OP solution allows international manufacturing companies to make their processes more flexible, resilient and efficient and reduce sales costs up to 20 percent and increase profitability sustainably.
Manufacturing companies are constantly facing enormous challenges in their business operations which makes sound sales and production planning even more important.
Sales & Operations Planning (S&OP) plays a vital role in all manufacturing industries with high volumes like the automotive and consumer goods industries. As a fully cloud-based software the newly released flexis S&OP 4.0 is particularly suitable for companies with complex product structures and international production networks because it can be used to plan at product and/or network level. This is achieved by creating the initial data model automatically eliminating its time-consuming programming work.
The highlights of the flexis Sales and Operations Planning 4.0 solution are:
Fully cloud-based and can be hosted on leading cloud environments such as Azure, AWS and Google or in customer-specific internal clouds.
The SmartProc AI tool uses machine learning and artificial intelligence to detect patterns in sales and order figures; it was developed as part of the EU research project AI4EU and provides automated forecasts far into the future.
The combination of SmartProc AI with a second AI process for intelligent parts ordering enables a long-term sales and production plan.
The linking of S&OP with tracking systems results in a continuous exchange between sales and production planning and the executing areas; this increases stability and productivity and planning is based on the most current numbers.
On request, an order generator creates an order pool that is fully synchronized with S&OP planning; these planned orders can be used as a central planning object to synchronize the supply network using the bill of materials.
A sell-down logic ensures that all finished goods are sold by the end of their life cycle.
Placeholder management enables the planning of products that do not yet exist (development phase).
The integration of S&OP 4.0 with flexis production planning solutions aligns the order processes optimally with current sales and production planning.
The newest cloud-based flexis S&OP solution has been successfully introduced in the automotive industry. Its design allows partners, customers or even end users to conduct the configurate themselves by using a configuration wizard. This includes the specification of the time horizon or time granularity for the optimization process. User surveys attested the software a very high level of user-friendliness. Standardized APIs facilitate integration with other flexis modules such as Order Slotting or Demand Capacity Management.
"With the new version we continued our investment in cloud technology, increased user comfort and added further AI components. In this way, we support our customers in making their sales and production planning as accurate as possible and adaptable in the event of market changes," notes Robin Hornung, Managing Director of flexis Consult GmbH and Division Manager S&OP.
flexis AG specializes in flexible information systems for supply chain management. With more than 20 years of experience in providing standardized software modules, the company offers customized solutions based on secure and proven modules. With seven locations worldwide, flexis AG is globally networked and acts as a close partner and support service provider for over 1,000 satisfied users, even after successful implementation. Our focus is always on the customer's continuous improvement process.
flexis’ Supply Chain Solutions are based on the flexis HYBRID Architecture. Our modular, customizable solution modules, unique software technology, and numerous other services power intelligent ways to optimize your processes - for a wide range of industries with national or international networks. Our primary goal is to create real added value together with our customers. flexis maintains long-term and trusting business relationships with customers and partners and contributes to their success with a deep understanding for the process world across multiple industries.
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