OCZ Storage Solutions – A Toshiba Company Goes Live With Steelwedge to Improve Forecast Accuracy

PLEASANTON, Calif., June 09, 2015 (GLOBE NEWSWIRE) -- Steelwedge, the leader in cloud collaborative planning solutions, today announced that OCZ Storage Solutions – a Toshiba Company has gone live with its solutions to integrate sales forecasting, demand planning and supply planning into a global S&OP process. A leading provider of high-performance consumer and enterprise solid-state storage products, OCZ implemented Steelwedge on time and on budget and went live in less than four months after selection.

All OCZ sales forecasts will be input into Steelwedge and will provide the source data to drive OCZ’s annual and mid-term operating plans including revenue/volume/mix translation and visualization. The supply planning process incorporates inventory projections and new product introduction (NPI) planning. On the demand planning side, Steelwedge powers the Sales forecasting process and drives to a consensus plan, a “single source of Truth.” Steelwedge also provides OCZ with process and performance-based metrics spanning multiple forecast cycles.

“Only four months after engaging Steelwedge, we now have an efficient S&OP solution that integrates our forecasting and demand planning processes,” said Cam Reid, Vice President of Supply Chain Management at OCZ. “The insightful analytics reporting on forecasting and planning process will enable us to be more agile and make smarter, more profitable business decisions. We are expecting our forecast cycle time to reduce 50% and we expect significant improvement in our forecast accuracy and inventory positions.”

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.

About Steelwedge:

The Steelwedge Collaborative Planning Cloud enables leading companies to profitably align demand, supply, strategy, operations and financial goals. Connecting people, processes and technology, Steelwedge helps leading brands such as HP, Lenovo, Jaguar Land Rover, Nissan and Monsanto to optimize planning to improve performance across every role to make outcomes more predictable, mitigate risk, and profitably navigate market changes. Steelwedge’s planning solutions provide real-time decision making tools through rich analytics and powerful “what-if” scenario modeling. Visit www.steelwedge.com.

Contact- Todd Craig POP Influencer Relations 678-778-4730

Source: Steelwedge