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Steelwedge Software Absolutely, Positively Improves FedEx Freight Sales Planning, Bottom Line
Market Wire, July, 2005
Tags: Federal Express
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Steelwedge Software, the leader in Enterprise Planning and Performance Management (EPPM) solutions, today announced that FedEx Freight (NYSE: FDX), the leading U.S. provider of next-day and second-day less-than-truckload (LTL) freight services, is successfully using its EPPM solution for enterprise sales forecasting. The solution is currently deployed in an on-demand model.
With more than 350,000 active accounts and 4.5 million freight bills annually, FedEx Freight needed a robust yet flexible consensus-based sales forecasting engine to power enterprise demand planning. Their in-house forecasting tool provided a means for district managers and sales leadership to review historical revenue, number of shipments, and tonnage at the customer center, territory and national levels and use that information to manually create sales forecasts.
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