Outgrowing Excel? Here’s How to Create a Centralized Demand Planning Process

Demand Planning directly affects the business financial plan, pricing, capex decisions, customer segmentation and resource allocation. Considering the criticality and implication of this process, Demand Planners and Managers need to continually evaluate their current Demand Planning process and ensure that the Demand Plan generated is holistic, relevant and timely.

By |2019-04-13T23:09:03-04:00August 14th, 2018|Demand Planning, Forecasting|0 Comments

How Does My Open Order History Impact My Sales Prediction?

An open order is defined as an order placed by the customer which is under process and is yet to be fulfilled by the supplier. For effective analysis, open order data needs to be recorded daily in an ERP system. A minimum of twelve to eighteen months of open order history is required for your sales forecasting analysis and fine-tuning process. A shorter period could render unreliable and skew the results of your data analysis.

By |2019-04-13T23:09:09-04:00March 2nd, 2018|Demand Planning, Forecasting|0 Comments

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