AspenTech: Optimizing Process Manufacturing

Manage extreme day-of-week demand differences. A weekly forecast is nearly useless in handling lumpy retail and aviation demand. Aspen Collaborative Demand Manager forecasts with daily granularity and manages the differences in demand between different days of the week and holidays.		Reduce product downgrading. Superior data conditioning capabilities in Aspen Collaborative Demand Manager provide a mechanism for re-aligning terminal liftings history to current commodity and customer names to account for formulation changes and seasonal specifications.

Know what is forcastable - and what is not. Does your retail business have steady, ratable demand, but aviation nominations are difficult to predict? Use the power of Coefficient of Variance (COV) analysis to pinpoint weakness in your forecast and focus your demand planning efforts.		Improve forecast accuracy. Augment your statistical forecast with real-time collaborative data using Aspen Collaborative Demand Manager. Improvements in forecast accuracy lead to fewer distress sales due to over-forecasting, less emergency transport requirements, and better input to crude acquisition decisions.

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