It is the start point for many key decisions including Product Pricing, Product Promotions, Production Planning, New Product Development etc. Collaborative Demand Forecasting increases the visibility and acceptability on the direction and course of action in the medium term.
powerful R Statistical and Graphical Modelling tool that enables the application of a variety of statistical techniques in different situations
Provision to normalise demand from statistical forecast and bottom up forecast to be in line with the top down forecast
Collecting sales plans across regions and hierarchies for various SKUs
there is a product region combination in which demand planning is done. Forecasting module implemented has inculcated all SKU location combinations separately for both OE and AM markets.
Based on the Finalized Rolling Sales Plan for three months, inventory and WIP, demand planning for production is made available for three months.
The module generates the statistical forecast basis the normalized sales history and is configured to follow a top down approach.