Issue: Oct 2009


Steelwedge Release 5.1 for Sales and Operations Planning (S&OP)



by Michael Pavey

Steelwedge continues its rapid growth as five new customers select SPPM Release 5.1 -- the industry's leading cloud-based Sales and Operations Planning (S&OP) solution. Steelwedge Software, the leading innovator in Sales and Operations Planning (S&OP) solutions, today announced a new product release for its Cloud-based Sales Planning & Performance Management (SPPM) solution featuring configurable Executive Sales and Operations Planning (S&OP) Dashboards, enhanced best-practice based Executive S&OP workflow capabilities, and expanded scalability.

Steelwedge SPPM Release 5.1 represents a significant milestone in the product's maturity and development life cycle. The primary focus of Release 5.1 was to further enhance usability, scalability, elevate a business user orientation and extend the supportability of the platform. In particular, enhancements and new capabilities have been developed for Release 5.1 in the following areas: User Interface, Dashboards, Workflow Scheduling, Configuration and Platform.

One of the most visible changes in SPPM Release 5.1 is the new Web-based Executive Sales and Operations Planning (S&OP) homepage, which has evolved into a more powerful business user work center designed to help a user plan, monitor performance and manage by exception. The new homepage includes an intuitive tabbed structure.

Release 5.1 also incorporates a new, best-in-class statistical forecasting engine -- the Steelwedge Optimized Forecasting Engine (SOFE), enhanced Excel-based Sales and Operations Planning Templates and powerful customer-level S&OP Master Data management capabilities.

"Steelwedge Release 5.1 enables Steelwedge to further strengthen our leadership position in the S&OP marketplace," said Steelwedge CEO Glen Margolis. "Existing Steelwedge customers and prospects are extremely excited about the new release because it will have a significant impact on their financial and operational performance."

"With Release 5.1, Steelwedge has continued to assert its leadership position as the best-in-class S&OP solution -- Steelwedge has enabled us to reduce our inventory by over 18%. We are confident that the new release will enable us to even further improve our business operations," said the COO of a leading high technology manufacturer and Steelwedge customer.

As a Certified SAP Partner, the Steelwedge S&OP solution release 5.1 seamlessly integrates into SAP ERP and APO to drive Executive Sales and Operations Planning processes. Recent Steelwedge customers adopting Release 5.1 include General Electric, Intuit, Contech and Hospira.

Steelwedge Software Inc. links Sales & Operations Planning (S&OP) processes to existing systems using familiar desktop applications including email and Excel. Steelwedge helps companies improve the effectiveness of their S&OP, Collaborative Planning, Forecasting, and Performance Management activities. Steelwedge customers include General Electric, Intuit, Hewlett-Packard, Honeywell, Emerson Electric, Juniper Networks, and Nvidia.

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