New Horizon Supply Chain Planning Suite

Score9.1 out of 10

1 Reviews and Ratings

What is New Horizon Supply Chain Planning Suite?

New Horizon Supply Chain Planning Software Suite

Supply Chain Planning Software for Manufacturers, Wholesalers, and Retailers

The New Horizon Planning Suite offers an end-to-end planning solution featuring AI and out-of-the-box industry templates targeted at the consumer products, wholesale distribution, foodservice, and retail industries, making it possible to implement the solution in as little as one month.

An End-to-end Supply Chain Planning Software Suite
The New Horizon Suite provides a planning solution consisting of eight applications built on a common platform:

Demand Planning: Leverages Facebook Prophet technology and machine learning to produce accurate forecasts.
Multi-Echelon Inventory Optimization: Uses machine learning to produce more realistic safety stock plans at all tiers of the supply chain and reduce inventory while meeting target service levels.
Supply Planning: Plan capacity, procurement, distribution, truck loading, and allocation to increase the agility and responsiveness of the supply chain.
Buyers Workbench: Plan procurement, forward buying, and freight to reduce costs and gain competitive advantage.
Replenishment Planning: Retail operations can be planned down to the store level to maximize on-shelf availability while minimizing inventory.
Production Planning: Automatically generates constraint-based plans for work orders and materials purchases, and can be updated as conditions change.
Sales and Operations Planning: Aligns sales, marketing, supply chain, and finance teams to arrive at a consensus plan to achieve operational and financial goals.
Strategic Planning: Capabilities for long-term planning, like rough-cut capacity planning, scenario analysis, and capex planning.

A Modern Cloud-based Enterprise Platform

The New Horizon Suite planning solution is built on New Horizon’s modern cloud-based platform, with features such as:

Unified data repository: Speeds up planning and avoids data latency and integration headaches that plague suites cobbled together from disparate acquisitions.
Enterprise-grade security services: New Horizon is certified “Grade A” by Qualys SSL Labs.
Configurable workflow engine: Automate processes to maximize planner productivity.
Integration services: Integrates with Microsoft Dynamics 365, SAP, Oracle E-Business Suite, Oracle ERP Cloud, and NetSuite.
AI and machine learning: Generates forecasts and optimized safety stock levels using the latest AI and machine learning technology.
Administration services: Reduces the level of IT support needed through New Horizon’s self-service administration front end.

Categories & Use Cases

Media

Screenshot of New Horizon Buyers Workbench application

Demand forecasting
Similar to demand sensing, but draws on more historical data to create a forecast of future demand.
Category average: 7.9
Resource optimization
Ability to allocate resources/materials across the supply chain in the most efficient way.
Category average: 7.8
Capacity estimation
Ability to determine how much production capacity is needed to produce a specific product at scale to meet demand needs.
Category average: 7.7

Customer analytics
Ability to analyze customer data and produce reports.
Category average: 7.6
Inventory stock optimization
Using price and inventory forecasting to optimize inventory stock levels.
Category average: 7.9
Sales and operations planning
Ability to plan future sales and operations based off of current and historical data.
Category average: 7.9

Bill Kaley View profile

Director of Demand Planning in Corporate at Faribault Foods (201-500 employees employees)

Use Cases and Deployment Scope

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.

Pros

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

Cons

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.

Return on Investment

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.

Alternatives Considered

Oracle JD Edwards EnterpriseOne and SAP HANA Cloud

Other Software Used

SAP HANA Cloud

Logility

Atlas Planning Suite

Blue Ridge Global

New Horizon Supply Chain Planning Suite