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SAS’
forecasting software, built on the SAS 9 Intelligence
Platform, allows Waitrose to forecast demand for products
based not only on the past history of each item, but
also based on any number of casual variables or holidays.
“SAS’ event forecasting enables us to
incorporate knowledge about our business into the
forecasting process and enables us to forecast the
demand for thousands of items quickly and accurately,”
says Rob Thompson, head of supply chain at Waitrose.
“We anticipate that the return on investment
we will achieve on reduced wastage and increased revenues
will be significant,” he adds.
Waitrose assessed six companies and chose SAS due
to the flexibility, speed and accuracy of its forecasting
software.
The system was trialed in three branches and received
positive feedback from the branch managers of those
stores.
It is currently being rolled out across more stores
so that it can be fully trialed over the Christmas
shopping period.
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