Demand Planning
SOLUTIONS DESIGNED TO SYSTEMATICALLY ESTIMATE MARKET DEMAND
Be it New Product Development, Planning, or Promotions, implementing collaborative Demand Forecasting provides you with statistical / ML / AI data to support the course of action in the medium term.
Description
Demand Planning comprises key step of arriving at a baseline number. This is done by using Statistical and ML/AI methods. The Module applies various methods of forecasting on the historical Sales data to arrive at the forecast in the coming months. The forecasting can be done at various levels such as SKU-Depot / Brand-Region / SKU Region
Benefits
Features
Multiple Heirarchy
Forecasting at multiple Hierarchies e.g. SKU-Location, SKU-Sales Office, Brand-Channel etc.
Supersession
Supersession that allows linking of old to new items to provide meaningful continuity in history for effective forecasting new product
Statistical Methods
Variety of Forecasting Techniques using efficient Python to take care of different distributions such as seasonality, promotions etc. Also allows for Outlier Detection
Classification of Products
Dynamic Classification of Products across Runner / Repeater / Stranger using different parameters of frequency, variability etc.
ML / AI Methods
Selection of different AI / ML Methods for cases where ML can be implemented
Choice of Error Methods
Selection of Techniques based on different Error Measures with ability to add custom Statistical Techniques
Some Customer Cases
On the quantitative side, we have integrated the powerful Statistical and Graphical Modelling libraries of Python. We have also connected to ML / AI libraries of WML / Google / AWS to enables the application of a variety of statistical and ML/AI techniques for different situations
Consumer Electrical Company
Enhanced visibility and transparency via S&OP suite for a consumer electrical manufacturer
Speciality Tyre Company
Implemented Demand Forecasting and Demand Aggregation for the smooth function for the manufacturing unit
Other solutions that might interest you.
Sense - S Suite
Field force managment
Acquire - A Suite
Demand Aggregation Portal
Visualise - V Suite
BI, Dashboards and Analytics
