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Improve forecasts with demand planning software

Leverage demand sensing, statistical modeling and AI/machine learning and collaborative forecasting to generate highly accurate forecasts, enabling your business to anticipate market needs, optimize inventory and improve customer service levels.

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Explore how QAD DSCP leverages advanced technology to ensure better supply chain performance and resilience.

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Key Benefits of Demand Planning

Increase Revenue

Ensure having the right product at the right place at the right time to meet customer expectations.

Minimize Expediting Costs

Limit the surprise orders and the associated costs in expedited freight and additional handling.

Improve Customer Service

Reduce penalties by having the best possible picture of your customer’s future requirements.

Reduce Inventory Costs

Lower working capital and excess stock write offs by ensuring optimal product availability.

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Key Capabilities to Boost Forecast Accuracy

Demand sensing

Utilize real-time customer demand signals to drive a short horizon demand management approach.

Statistical forecasting

QAD’s solution addresses complex seasonality, external factors and trend analysis with artificial intelligence (AI) and a library of forecasting methods.

Dimension flexibility

Manage the forecast in days, weeks, or months; by SKU, category, brand, customer, warehouse, region; in units, pallets, kilograms or by other dimensions.

Management by exception

Your organization can manage extensive product portfolios more effectively and ensure your planners prioritize events that deliver the highest value.

Collaboration

Facilitates a consensus demand plan that combines the statistical forecasts with multiple perspectives and events from your sales, marketing and finance teams.

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Customer Success Stories

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ARMOR Achieves Better Visibility of Customer Demand

This printing technologies specialist achieved a 400% growth in product range without increasing headcount, thanks to Demand Planning.

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Frequently Asked Questions

Why is demand planning important?

At the heart of effective supply chain management, demand planning shapes a manufacturer's operational efficiency, customer satisfaction, and profitability. By accurately anticipating customer needs, organizations can align their resources perfectly.

What are some common challenges associated with demand planning?

Demand planning faces critical challenges that significantly impact profitability. A primary hurdle is insufficient forecast accuracy, largely due to erratic customer behavior and a lack of reliable internal and external demand data, making it difficult to predict future needs accurately. This is compounded by the need to effectively manage seasonality and demand spikes; failing to anticipate seasonal inventory requirements or new market trends can lead to detrimental stockouts and a decline in sales. Furthermore, increasing customer expectations add pressure, as consumers now demand constant stock availability and punctual deliveries, making accurate demand planning essential for a positive customer experience.

How does QAD support scenario planning and "what-if" analysis?

Scenario planning is a key element of QAD Demand Planning, giving you an effective way to perform "what-if" analyses and make informed decisions.