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NETSUITE RELEASES DEMAND PLANNING

NetSuite has released NetSuite Demand Planning which it says enables companies to forecast peaks and troughs in demand. Businesses can use sales forecasts to build an inventory plan and augment a plan with special predictions, such as marketing input on new product launches. Projections can be automatically delivered to upstream providers. The systems is billed as providing the ability to automatically build inventory forecasts from real-time data and to automate inventory replenishment plan and creating the necessary purchase orders and work orders to meet anticipated demand.

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