OCZ Storage Solutions - a Toshiba Group Company, Selects Steelwedge to Drive Demand Planning Success
Steelwedge to Provide Solid-State Storage Product Manufacturer With Cloud S&OP Technology to Support Demand Planning and Inventory Management
Pleasanton, CA – October 23, 2014 - Steelwedge, the leader in cloud sales and operations planning (S&OP) and demand planning solutions, today announced that it has been selected by OCZ – a Toshiba Group Company, for demand planning and inventory management. A leading provider of high-performance consumer and enterprise solid-state storage products, OCZ chose Steelwedge to drive its demand planning process and streamline its S&OP processes.
The company will leverage Steelwedge to reduce forecast cycle time, improve forecast accuracy and effectively manage inventory. Other expected benefits include a reduction in the time and complexity for its sales force to provide consensus forecasts, and shrinking the company’s forecasting cycle. The new Steelwedge-powered process will provide OCZ Storage Solutions with the agility and flexibility to deal with changing market conditions and reduce excess and obsolete inventory. This will replace processes that left OCZ Storage Solutions with limited flexibility to make changes after forecasts are submitted.
“We operate in a very dynamic market that continually faces a big impact from technology changes, and we need to forecast correctly at every stage of a product’s life cycle, which is made even more complex as we serve two distinct markets – client and enterprise,” said Jason Ruppert, Senior Vice President of Operations at OCZ Storage Solutions. “We chose Steelwedge to help us manage this complexity due to its breadth of capability as it is truly an S&OP solution, not just a forecasting tool, and is supported by a team with significant experience and an impressive customer base that thinks highly of the product.”
Steelwedge creates an integrated business process that drives collaboration, focus and alignment across multiple divisions and departments in a company. Steelwedge helps its customer to integrate demand plans, financial goals, supply plans, inventory quantities, and new product plans to inform better decision-making.
“OCZ shares at least two things in common with all of our customers—it is a leading manufacturer in its industry, and the company’s executives recognize the critical role of S&OP in the success of their business,” said Glen Margolis, Steelwedge CEO. “With the level of complexity inherent in its market, OCZ needs S&OP technology that can help it harness its demand and conduct supply and inventory planning accordingly. Steelwedge is proud to provide OCZ with that technology, and we look forward to a partnership that continually helps the company achieve bottom-line benefits from S&OP.”
Steelwedge Software is the leading Integrated Business Planning solution provider. Steelwedge’s cloud-based Sales & Operations Planning (S&OP) software solutions connect people, process and technology to power a single view of a company’s business. In a volatile global business environment, that single line of sight powers reliable “what-if” scenario modeling and mobile analytics to pinpoint the financial impact of supply-demand trade-offs. Some of the world’s largest manufacturing companies including HP, Jaguar Land Rover, Lenovo, and Monsanto, trust Steelwedge to help them mitigate risk and rapidly adapt to global economic, political and environmental change through best-in-class S&OP. Visit www.steelwedge.com.
About OCZ Storage Solutions
OCZ Storage Solutions – a Toshiba Group Company is a leading provider of high performance client and enterprise solid-state storage products and is a wholly-owned subsidiary of Toshiba Corporation. Offering a complete spectrum of solid-state drives (SSDs), OCZ Storage Solutions leverages proprietary technology to provide SSDs in a variety of form factors and interfaces to address a wide range of applications. Having internally developed firmware and controllers, virtualization, cache and acceleration software, and endurance extending and data reliability technologies, the company delivers vertically integrated solutions enabling transformational approaches to how digital data is captured, stored, accessed, analyzed and leveraged by customers. More information is available at www.ocz.com.