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Demand Planning

The Point of View of Quintiq

The business world is more volatile than ever and staying ahead of the competition is becoming more and more difficult. How can your company survive and thrive in this difficult and dynamic marketplace?

The key to staying ahead in the game is to start taking demand planning seriously.

Forecasting should be a daily process of gathering information from different sources, based upon multiple hierarchical dimensions, aggregating to higher levels, dis-aggregating to lower levels, and incorporating rules that make the forecasting process manageable. Finally, you must corroborate your forecast with actual orders by using KPIs.

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		Methodical Forecasting - Consistent demand capacity management at Daimler AG
		Established globalization with central planning is the way the Daimler AG in Stuttgart is pursuing under its global growth strategy 2020. For that flexibility in...

		Enterprise Impact of SyncManufacturing Software
		When demand signals are received by a manufacturer, the manufacturer needs systemic synchronization of all key resources to ensure a company-wide focus on achieving the highest level of customer...

		The Bayesian Approach to Forecasting
		The Bayesian approach uses a combination of a priori and post priori knowledge to model time series data. That is, we know if we toss a coin we expect a probability of 0.5 for heads...

		Optimizing Pricing in a Volatile Economy
		To achieve maximum value in today’s volatile and competitive environment, retailers must tailor assortments specifically to consumer demand, as well as price...

		Demand Planning Segmentation - Aberdeen
		While some industries are less likely to use demand segmentation than others, this Aberdeen research report (based on a survey of 142 supply chain professionals across various...

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Last update 10 May 2022

April PMI rises to seven-month high amid stronger demand, despite sharper price increases
Source: S&P Global US Manufacturing PMI ™ - IHS Markit
United States

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