CIOTechOutlook >> Magazine >> December - 2015 issue

Steelwedge: Accomplishing integrated business planning with cloud Supply Chain Planning Platform, ‘PlanStreaming’

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Uncertainty and poor information reduce effectiveness of decision-making, increase costs, and lower customer service. Yet, much of the information one needs to make decisions is known by someone else in their firm or supply chain. As it is a truism among supply chain people that planning is a “journey”; so for those peddling solutions, this catchphrase is a get-out-of-jail-free card that buys a bit of time and forgiveness in conversations with practitioners looking for an edge. Implicit in the notion of S&OP-as-journey is the promise of a reward after one reaches to the end.

Thus integrating Collaborative Planning, Forecasting and Replenishment across product, sales, demand, supply, strategy, operations and financial roles, helps anticipate the market environment and help organizations plan accordingly. Steelwedge, headquartered in Pleasanton, California believes in connecting people, process and technology to power a single view of a company's business.

Established in 2000, Steelwedge is the leading provider of Integrated Business Planning solutions that create cutting-edge cloud-based platforms to enable large companies to coordinate their product, sales, supply, revenue and product planning in real-time, bringing the best of IBP and S&OP solutions up to date for today’s globalized marketplace.

The expert cloud planning platform ‘PlanStreaming’
Steelwedge’s PlanStreaming platform leverages the Silicon Valley innovation much like Google, Facebook, LinkedIn, Box and other modern cloud-first solutions . “The distributed processing and database technology with partitioning enables PlanStreaming to absorb and prioritize mass amounts of data from multiple sources, and apply prescriptive, predictive and responsive analytics to reveal the best decisions for planners, operators and executives to make.” affirms Pervinder Johar, CEO at Steelwedge Software, Inc.

Adding to the list of offerings; PlanStreaming cloud accomplishes fully informed decisions in organizations, through collaboration across functions, channels, customers, partners, distributors and suppliers to synchronize demand, supply, strategy, operations and financial decisions. Architected to support and unify planning across the enterprise, including a company’s extended ecosystem of partners, customers, suppliers and distribution points; PlanStreaming cloud is leveraged to render informed decisions of Supply Chain Visibility, PlanStreaming Analytics, and InsightStream demand sensing and intelligence.

Through its Practitioner Services offerings, Steelwedge delivers the advice and supporting services to its clients, ensuring that they receive technology, process and domain knowledge as they design and deploy PlanStreaming to meet their business objectives. With its Practitioner Services that deliver three sectors of value; namely Strategic Consulting, Delivery Services and Technical Services; the company not only caters the most state-of-the-art planning platform available, but also seasoned planning. “This equips Steelwedge to aid customers continue to evolve their businesses as their markets and objectives evolve.” says Pervinder.

Based on its vision, on the concept of continuous assessment and planning, Steelwedge delivers not just cycle-based planning but also supports companies in their desire to stay in front of the market. Continuous planning to get the ‘always wrong’ forecast closer to right; Technology to anticipate the unpredictable; Planning with dynamic granularity by time horizon and Automated sensing, shaping and responding to market signals are the basics Steelwedge follows to accomplish its goals.

Success Story
Currently serving 45 customers that represent some of the best-known brands in the world; Steelwedge has several market leaders such as HP, Lenovo, Monsanto, Jaguar Land Rover, Nissan and Pfizer counting on its planning innovations to help them mitigate risk and rapidly adapt to global economic, political and environmental change through best-in-class supply chain planning; and keeps them on top of market dynamics in order to make the best decisions.

Steelwedge has been recognized several times for its meritorious contributions in the industry; like being named as “Leader” in Gartner’s Sales and Operations Magic Quadrant in both 2014 and 2015, and as “Visionary” in Gartner’s Sales Planning System of Record Magic Quadrant in 2014 and 2015. In addition, the company’s growth also has been recognized in the Deloitte Fast 500 list.

The Road Ahead
Steelwedge believes that the larger impact of more effective, on target planning that enables swift and efficient action is the reduced waste of money, natural & manufactured resources and time; that liberates time, capital and resources for companies to use in next-generation advancements to improve the world.

Moreover, the mission of company is to equip companies globally with the ability to predict, shape and respond to market opportunity, so that they are ready to act quickly and profitably to better serve customer, improve margins and optimize the performance.

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