Demand Planning
It is becoming increasingly difficult to manually manage market demand due to the growing number of requirements on the sales planning process. Planning information is often piled into countless Excel files that are independently edited by each planning department. Creating a cohesive and transparent demand plan while considering market development is growing in importance.
Overview
Efficient demand planning is crucial for strategic company placement within the market. As a fundamental part of the supply chain, demand planning must be integrated in all business processes and has to create an efficient information flow between the management board and company divisions.
Volatile global markets, which feature increasingly high product variety and steadily decreasing product life-cycles, add to the complexity of the demand planning process. As a result, companies need a comprehensive planning tool which can be used by managers to make the right strategic decisions based on well-established forecasts and relevant planning figures.
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Solution add*ONE Features
add*ONE Demand Planner provides powerful functionalities to support managers and all planning departments with better, low-risk demand planning decisions. Top features include:
- Multidimensional planning
add*ONE Demand Planner supports your company's planning process in several dimensions at various levels, such as product groups, regions and individual customers. add*ONE users can plan and analyze their figures at the levels which are most important to their planning routine.
- Alert functions
Easy-to-configure alerts indicate inconsistencies and deviations from the demand plan, which need revising. Hence, plans become more efficient and precise.
- Graphical representation and planning
add*ONE Demand Planner works using many visual elements: clearly structured charts and diagrams enable a quick and easy analysis of the plan and help users make effective decisions in a timely manner.
- Simulation options
Powerful simulation procedures of "if-then" scenarios are a standard feature of the system. Use them to test the plan's stability or learn about effects of alternative strategic scenarios.
- Plan anytime anywhere
The system is constructed in such a way that you can enter values into it wherever you are, using an internet connection. You can always view the sales plan and alter it at any time.
- Analyze sales promotions
Sales promotions can have a major impact on demand. add*ONE Demand Planner provides comprehensive features to plan sales promotions. You can maintain various promotions and analyze their impact on the product demand.
Benefits
add*ONE Demand Planner is scalable and modular, and supports planning decisions both in medium-sized companies and large enterprises. Top benefits associated with implementing the system include:
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Optimized planning quality
Planning quality is improved by creating cross-company planning transparency and pooling knowledge
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Reduced planning effort
Planning effort reduced by up to 90%, due to the self-adapting forecasting function
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Improved service level
Higher product availability, optimized inventory levels and low capital tie-up
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High transparency
A single sales plan for the entire company
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Lower inventory levels
Well-founded demand planning results in higher planning security within inventory management and thus lowers inventory levels.
References
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