Demand Planning
Increase Forecast Accuracy
Forecast & Plan Demand with Increased Accuracy
In the dynamic world of supply chain management, accurate demand planning is crucial to meet customer expectations, minimize inventory costs, and drive operational efficiency. DELMIA Demand Planning analyzes historical demand and market intelligence to help accurately forecast and determine how to profit from it. Through improved statistical forecasting, users can collaborate more effectively with internal sales teams and external customers and explore demand scenarios to increase sales and organizational efficiency. In addition, demand-sensing provides the ability to revise forecasts immediately whenever market conditions change or new intelligence becomes available. DELMIA Demand Planning statistical forecasting automatically calculates the optimal forecast by analyzing events, trends, and seasonal changes. This process leads to improved collaboration by creating a demand forecast with input across the enterprise - sales, finance, marketing, and other key areas - for simultaneous access to the most up-to-date plan. Additionally, its real-time analytics and time disaggregation capabilities provide an understanding of the forecasting challenges and track how forecasts change over time, enabling forecast accuracy.
Anticipating demand shifts and understanding the impact of different scenarios is critical for effective planning. Our demand planning software enables demand sensing, allowing you to capture real-time market signals and customer sentiment. With scenario analysis capabilities, you can simulate various what-if scenarios, evaluate their potential impact, and make informed decisions to optimize inventory, production, and supply chain operations. With advanced analytics, machine learning algorithms, and intuitive user interfaces, DELMIA provides the tools you need to stay ahead in today's competitive landscape. With automated data integration and sophisticated algorithms, businesses can quickly generate accurate forecasts across multiple product lines, SKUs, or customer segments. Gain insights into demand variations, identify trends, and adjust your inventory levels and production plans accordingly.
Key Benefits:
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Increases planner efficiency: DELMIA demand planning enables businesses to align their supply chain activities with anticipated demand patterns.
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Reduces obsolete inventory: By accurately predicting demand, businesses can optimize inventory levels, reducing the risk of stockouts or excess inventory.
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Improves customer satisfaction and on-time order fulfillment: By accurately forecasting demand, businesses can ensure product availability, minimize stockouts, and improve order fulfillment rates.
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Lowers inventory costs: Improved inventory management leads to better working capital management, minimized holding costs, and improved customer satisfaction.
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Decreases expedited shipping costs: With accurate demand forecasts, businesses can optimize their production schedules, minimize underutilization or overutilization of resources, and avoid rush orders or expedited shipments
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Increases revenue and profit margins: All the abovementioned benefits collectively contribute to increased business revenue by driving sales, reducing costs, and maximizing operational efficiency.
Our demand managers tell me how happy they are with the flexible navigation provided by the DELMIA Quintiq solution. It allows them to analyze the forecast signal on any level they like. With DELMIA Quintiq, we can now rely on a single source of truth
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FAQ about Demand Planning
Demand planning and Sales and Operations Planning (S&OP) are both critical processes in supply chain management, but they serve different purposes and have distinct focuses. Demand planning is primarily concerned with forecasting and predicting customer demand for products or services. Sales and Operations Planning, on the other hand, is a cross-functional process that aims to align sales, operations, finance, and other key departments within an organization.
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