Centre of Excellence | Newsletter
SCion : Thought Leadership in Supply Chain Management
Current Issue »
-
Key Features and Actions for Creating Successful Demand Planning Systems
Organizations adopting an integrated demand planning and management approach need to be aware of certain key features of systems which enable them to do so. For instance, a Microsoft Excel spreadsheet could generate reports that might be of high value to a company at a critical time, while compared to a demand planning software. The bottom-line is to understand which systems/software delivers what and how these results/data/reports are useful in the context of each individual organization. Hence demand planners need to be conversant with the key features of the demand planning tool or solution that his/her company uses. However, years of experience and research have pointed out certain features as vital for successful and smooth functioning of a demand management team...
-
Effective Demand-Driven Forecasting and Planning: Competitive Differentiators
Organizations who have embraced effective demand driven forecasting and planning can attribute their success to certain key factors, around which the implementation of the entire process revolves. With these success elements, it becomes easier to distinctly identify certain characteristics of such best-in-class organizations against which the other companies can be benchmarked. Accuracy in forecasting methods, improved customer service levels and metrics, and increased satisfaction of the company with the process are three important characteristics of an organization which has been successful in designing efficient demand planning processes....
-
Demand Planners’ Skills: A boon in turbulent times
Demand planners in an organization need to be proficient in a wide array of tasks and also possess abilities to handle multiple tiers of people such as customers, sales, marketing, and supply chain teams. They also need to be highly vocal in order to negotiate agreements, procurement orders and convince the broad range of supply chain members of what is right for the organization. Owing to increasing globalization, demand planners also need to be aware of international events and happenings that could possibly affect the local demand in their company. In order to arrive at an accurate forecast, they also need to be abreast with changing economic landscape globally. A demand planner should clearly understand all the processes, functions and inter-linkages in his/her organization that falls under the gamut of demand management. Instead of working in an isolated environment, a demand planner needs to interact with all levels and departments in organization so as to factor in all data accurately while building a forecast...
-
Editorial Note
We are glad to connect with you through our Newsletters periodically. The next few newsletters will focus on Demand Forecast Workbench as we address this topic through various articles and keep you informed of Thought Leadership programs, Management Development programs and other events...
- News and Events
- Annual Global Conference 2010
- 4th Annual Leadership Summit on Health Care Supply Chain Management
Current Issue »
|
Subscribe Newsletter
To Subscribe, send an email to : coescm@takesolutions.com
News and Events
Newsletter Archive
Related Links
TAKE Solutions Ltd.
TAKE Solutions Ltd., corporate site..
LIBA
Loyola Institute of Business Administration ...
|
