There are two major challenges that companies face today in forecasting, says Bob Leonard, vice president of sales with Forecast Pro. One is the push to drive down to more detail, including smaller time buckets. The other is the need to treat forecasting as an analytical task, instead of just clerical work.

Valogix LLC, a vendor of inventory planning and optimization software for small and mid-sized businesses, has created the Valogix Inventory Planning SuiteApp, built on the NetSuite Suite Cloud Computing Platform.

SAP America, the U.S.-based subsidiary of Germany's SAP AG, has agreed to acquire Ariba, the software vendor specializing in procurement and business-to-business commerce.

Software AG has introduced iKnow, a visibility product for managing the order-to-cash process. According to the vendor, the new tool provides users with the knowledge and context needed to detect and diagnose supply-chain anomalies in real time.

The demand for vendor-managed inventory programs in warehouses behaves "as a pendulum swinging back and forth between supplier and retailer," says John Mayer, vice president of sales with Park City Group. Over the last six to 12 months, he says, it has swung back in the direction of favoring VMI. Mayer has seen particular interest in the technique in the grocery industry.

Downstream demand signals have been available in the retail world for some time now, but it has taken a while for suppliers to take full advantage of them. Mark Kremblewski, global business expert in demand planning with Procter & Gamble, likens the situation to the mining industry, which trades in deposits of both high- and low-grade ore. The latter type is more plentiful, but it's the first that offers the biggest payback from a better use of demand data in unpredictable situations.

Agentrics NeoGrid, a vendor of products for supply-chain synchronization, has created the NeoGrid Portal. The new collaboration tool integrates existing systems within a company, creating a single point of access for managing the entire network of a client's supply chain.

CombineNet Inc., a provider of strategic-sourcing systems for global supply chains, has developed new capabilities which allow procurement and sourcing managers to manage electronic sourcing events in a single platform.

As the former CFO of such companies as Sprint, Eastman Kodak Co. and Unisys Corp., as well as vice president of finance of General Electric Co.'s plastics division, Robert Brust's management philosophy was to bring procurement into the finance department, at times meeting daily with the purchasing team to go over expenditures line by line.

LeanLogistics, a provider of transportation-management system (TMS) software, has adapted its On-Demand TMS SuiteApp for the NetSuite SuiteCloud computing platform.