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Order Forecast Collaboration: Benefits for the Entire Demand Chain

Source: RPE
When raw materials providers, manufacturers, and retailers work together to calculate future order needs, they can all act on the best information available. Successful order forecast collaboration requires all members to share risks if forecasts vary, and to discuss issues as they arise. Accurate order forecasts drive sales increases, inventory decreases, and better decisions. With so many benefits across the entire demand chain, shouldn’t you look into order forecast collaboration with your partners?


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Demand Management Inc.
Founded in 1985, Demand Solutions provides supply and demand planning software to small and midsized enterprises. More than 2,000 customers in over 70 countries use Demand Solutions for demand planning and forecasting, inventory planning and replenishment, collaboration, sales and operations planning (S&OP), advanced planning and scheduling (APS), and point-of-sale (POS) management. The company is committed to helping customers solve problems such as excess inventory, low customer service levels, product seasonality, long lead times, and low inventory turns. Demand Solutions has offices in over 20 countries, and has seven major support centers worldwide. Read More...
Demand Management
Source: Technology Evaluation Centers Read More...
Supply Chain Management (SCM)
Source: Technology Evaluation Centers Supply chain management (SCM) solutions include applications for managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management, warehouse management, international trade logistics, transportation execution, and many other issues for a complete solution, this knowledge base will support your evaluation of an SCM suite. Read More...


You may also be interested in these related documents:

Rethinking the Supply Chain: Meeting the Complexity Challenge
Source: Demand Management Inc. The requirements of operating in a global, just-in-time (JIT) market have made supply chains much more complex than they were 10 years ago. Much of the software meant to assist in managing this complexity has itself become too complex to use—and too expensive to cost-justify. Discover the benefits of using a less complex supply chain solution that better supports a collaborative effort along your supply chain. Read More...
Case Study: Peerless Pump
Source: Demand Management Inc. Peerless Pump has been designing, engineering, and manufacturing pumps for more than 80 years. The company was basing component stock levels on historical data, as it did not have the ability to accurately forecast customer demand. But with forecasting and demand planning software that increased forecast accuracy, the company has nearly doubled its sales over the past four years, while keeping inventory levels constant. Read More...
Demand Planning: Optimizing Operations across the Supply Chain
Source: Microsoft Demand planning applications can help manufacturers establish baseline sales forecasts and perform analysis to improve resource usage. They can also help manufacturers optimize pricing capabilities and better understand their markets. Yet to get the most out of these tools, manufacturers must be willing to reorganize their planning processes—and to share the resulting insights with supply chain partners and customers. Read More...

 
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