Demand Management Inc., the global resource for supply chain management solutions, has announced its new Sales & Operations Planning (S&OP) module for its DSX supply chain software that fully integrates sales and operations planning with demand forecasting and requirements planning.
Demand Forecasting, S&OP, CPFR (page 1)
Demand Forecasting is a process of estimating the service or product quantity required by end customers. Demand forecasting techniques include the use of current or historical sales data to anticipate future demand. Other factors taken into consideration in make the final forecast are seasonal trends or 'events' trends. Data from finance, sales & marketing and production are all usually considered. The demand forecast that is arrived at is based on this combined information once fully assessed. Other software functionality elements include Sales & Operations Planning (S&OP). This is a business management process that takes into consideration data from both the business/finance and operational aspects of a company to reach determine a forecast or plan that best serves the whole organisation, rather than a segment of it.
Sep 13, 2012 Comments (0)
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For manufacturers launching new products, the ability to more accurately answer "What will happen if ...?" is a significant competitive advantage. SAS, the leader in business analytics, delivers that advantage with enhanced SAS Demand-Driven Forecasting software that helps manufacturers create more accurate sales and operations plans bolstered by efficient distribution networks.
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