MMSinfoTech - Solution
Collaborative Demand Planning
Collaborative Demand Planning is a combination of forecasting algorithms with predicting future demand. It also works to combine internal and external stakeholders within its plans. Without accurate forecasting, sales and inventory can be drastically impacted, Adexa’s goal is to provide accurate forecasting to avoid sales and inventory impact. Collaborative Demand Planning plays a big part in Adexa Predictive Analytics (APA), which includes inventory management strategies and thousands of measures to ensure the most accurate forecast for your future sales and inventory.
Benefits:
- Improve forecast reliability — even for new products
- Maintain the right inventory levels for demand peaks and valleys
- Accurately forecast revenue and corresponding resource requirements
- Simplify promotion planning and cost/benefit analysis
- Analyze profitability by channel, product, and geography
- Maximize spare parts usage and maintenance inventories