Printer Friendly
The Free Library
14,504,174 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Canadian Toy Manufacturer Selects Demand Solutions for Supply Chain Forecasting; Fast-growing Toy Company Cites Flexibility.


Business Editors/High-Tech Writers

ST. LOUIS--(BUSINESS WIRE)--Feb. 28, 2003

Toy manufacturers "live and die" by the production calendar and products that do not make it to retailers keyed to seasonal cycles never make it to the shelf. This is one of many reasons Spin Master Ltd. of Toronto, one of the fastest-growing toy companies in the world, selected Demand Solutions as its forecasting system.

Spin Master decided last year to change its order-number system, expanding it from a five-digit number to a ten-digit one.

"A lot of forecasting systems don't accommodate flexible ordering," said Mario Altimira, VP Planning. "Not only will Demand Solutions create as many accounts as you want, but you can aggregate and slice and dice Refers to rearranging data so that it can be viewed from different perspectives. The term is typically used with OLAP databases that present information to the user in the form of multidimensional cubes similar to a 3D spreadsheet. See OLAP.  the data in any way."

Spin Master's star has certainly been on the rise since its founding in 1994. Many of their toys have experienced a high demand, such as the Air Hogs Air Hogs is a well known line of toy grade airplanes, helicopters, and rockets manufactured by Spin Master of Toronto, Canada. Most are radio control and designed to be easily flown without any need for assembly.  Sky Shark, which found its way to the cover of Popular Science magazine. Several toys from Spin Master garnered attention at this month's American International Toy Fair The American International Toy Fair (the trademarked name uses all capitals for TOY FAIR) is one of a few major toy industry trade shows held around the world. It is held annually in late winter (mid February) in New York City's Toy District (Broadway and 5th Avenue in the mid  in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, including the McDonald's(R) McFlurry(TM) Maker, which lets kids make ice cream desserts.

Demand Solutions Feedback will begin collecting field data from Spin Master sales representatives the second quarter of the year, sending data directly into DS Forecast Management from anywhere.

"Material and demand planning is very important in the toy industry because everything is manufactured Just in Time," Altimira said. "With mass retailers going to near-JIT, it became necessary for us to have a very advanced system."

About Spin Master, Ltd.

Spin Master develops, manufactures, markets and distributes its own toy products around the world. Diligent product development and powerhouse A fourth-generation language from Cognos that was introduced in the late 1970s for midrange computers. It supports both character-oriented, terminal-based applications as well as Windows clients. Applications developed under PowerHouse can be imported into Cognos' Axiant client/server environment.  marketing strategies have created a worldwide reputation for great products. Highly recognized for its creative vision, Spin Master is one of the fastest growing toy companies in the world. The company has several well-known brands including, Air Hogs(TM), Metal Maxx(TM), Hershey's(TM) Chocolate Magic, ICEEMaker and SHRINKY DINKS DINKS Double Income No Kids , a registered trademark of K&B Innovations Inc.

About Demand Management, Inc.

More global supply chains depend on Demand Solutions software by Demand Management, Inc. than any other system. Since 1985 DS products have been the most reliable and cost-effective cost-effective,
n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate.
 solutions available for leveraging supply-chain technology to improve bottom-line results, from manufacturing to distribution and retail. Learn more about the industry's leading forecasting and demand planning system See spreadsheet and financial planning system.  at http://www.demandsolutions.com.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Feb 28, 2003
Words:407
Previous Article:Nevsun Resources Ltd.: $17 Million Private Placement Financing Completed.
Next Article:Madison Bancshares Intends to Deregister under the Securities Exchange Act, Delist Its Common Stock from Nasdaq and Commence Trading Through the...
Topics:



Related Articles
Supply chain CEOs: Execs who built reputations on smart sourcing face their biggest challenge yet. (Technology and the CEO).
MATTEL EMBRACES SOFTWARE; TOY MANUFACTURER TO BUY LEARNING CO.(BUSINESS)
HOLIDAY SEASON MAY FAVOR TOYS TRIED AND TRUE : BARBIES, MORE THAN EVER.(BUSINESS)
Networked value chain[SM]: Seizing the competitive edge in supply chain management. (Cap Gemini Ernst & Young).
Toy molders battle imports. (Your Business Outlook).(Brief Article)(Statistical Data Included)
JUST ADD WATER! THIS YEAR'S BEST SUMMER TOYS ARE ALL WET - FROM STAR WARS TO SPIDEY TO SQUAREPANTS.(U)(Review)
STRUGGLING FAO CUTS TOY ORDERS.(Business)
Don't worry ... A Brazilian pediatrician turns into a toy king--despite himself.(Retailing)(Rihappy)
Injection molded toys: a rough playing field.(Outlook)
Supply chain management in paints and coatings.(Market Update)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles