Product Quick Facts
About AspenTech aspenONE
AspenTech is a provider of software and services for the processes industry. It is headquartered in Burlington, Massachusetts. It was formed from a joint research project between the Department of Energy and Massachusetts Institute of Technology in 1981. In 1996, it was named one of the 200 Best Small Companies in the U.S. by Forbes.
With the aspenONE supply chain management (SCM) software suite from AspenTech, businesses can forecast market demand with historical and real-time data, letting them generate and manage accurate forecasts. The aspenOne software will also pinpoint weaknesses in their forecast with the software. Businesses can use aspenONE’s supply chain planner module to opitimize production in complex supply chains. The software allows businesses to identify urgent problems in the S&OP process. It will also let users build procurement, production, distribution and inventory plans that will optimize revenue. The Aspen Plant Scheduler is a customizable workspace that allows users to view its inventory and forecast historic demands.
aspenONE supply chain management software has been implemented by businesses like Lafarge, a French industrial company, allowing them to make quick decisions with fast access to information. Kamil Beffa of Lafarge said, “AspenTech has made powerful supply chain software easy to use with faster access to the information that allows us to make decisions. It is the right direction for the product and it will deliver real business benefits for us.”
(Last updated on 03/21/2016 by Cameron Council)