Demand Planning and Forecasting

Supply chain planning starts with an accurate picture of customer demand. This is what drives production, dictates inventory levels and determines distribution needs.  Add in the challenges of seasonality, trend lines, promotions and competition – and you can see why demand planning and forecasting is a critical part of your business.

 

 


Recent studies have shown that more than 85% of all companies that implement a formal demand management program generate significant performance improvements.

Average gains include:

  • 13% improvements in overall forecast accuracy
  • 24% gain in inventory turns
  • 5% gain in gross margin

So how we can help improve your demand planning and forecasting?

Our experts will combine information from your customers, distributors and sales force, with historical forecasts and scheduled marketing events and project highly accurate estimates for future customer demand.

By using proper demand planning and forecasting, you will be able to predict and even shape customer demand more efficiently.

This will provide you with:

  • Improved forecast accuracy and increased gross margins
  • Increased on-time delivery performance
  • Reduced inventory costs
  • Elimination of redundant and obsolete inventory across the supply chain
  • Proactive identification of risks and opportunities
  • Improved planning and preparation of new product introductions and special sales
 
 
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