value-chain-planning-invent

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Value Chain Planning -Improved demand information to help the supply chain

A small effort on the demand side will result in tremendous benefits and improved demand information to help the supply chain. Even if the demand is highly uncertain, you can install a demand management process that will link itself to the retail or the final customer demand to help determine the order forecast for the lead time.

Yes, it is true you can achieve a 99% or more customer service level by keeping extremely high levels of inventory, especially if you are in the dark about your demand forecasts. Or, if the organization has no idea how customer demand is generated.

Valtitude formerly known as Demand Planning LLC provides specialized consulting for Demand Planning, S&OP, Sales Forecasting, and Supply Chain Optimization.

Our consulting expertise includes Operations Forecasting & Planning, Strategic Forecasting, Financial Planning & Budgeting, Inventory Optimization, Production Planning, and Detailed Scheduling.

To know More, Visit Us:

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Value Chain Planning -Demand forecast accuracy

Since this is a balancing act, demand forecast accuracy summarily determines both your inventory levels and service levels. You can make a trade-off between the two for a given demand forecast error.

Higher the required service levels, higher are the needed inventory.

Lower the forecast accuracy, higher the needed inventory to attain a specific service level.

Valtitude formerly known as Demand Planning LLC provides specialized consulting for Demand Planning, S&OP, Sales Forecasting, and Supply Chain Optimization.

Our consulting expertise includes Operations Forecasting & Planning, Strategic Forecasting, Financial Planning & Budgeting, Inventory Optimization, Production Planning, and Detailed Scheduling.

To know More, Visit Us:

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Value Chain Planning -Inventory Optimization Consulting

This helps planners with planning priorities and brining attention of other stakeholders into consensus process. For an advanced demand planning team, segmentation helps to define the statistical modeling strategy e.g. for high volume products we can go with a custom advanced stat model for low volume a simple exponential would be a good starting point.

Valtitude formerly known as Demand Planning LLC provides specialized consulting for Demand Planning, S&OP, Sales Forecasting, and Supply Chain Optimization.

Our consulting expertise includes Operations Forecasting & Planning, Strategic Forecasting, Financial Planning & Budgeting, Inventory Optimization, Production Planning, and Detailed Scheduling.

To know More, Visit Us: