Precise demand plans aligned with the entire company.
Least uncertainty possible
Some level of uncertainty is unavoidable, but many businesses end up paying for avoidable uncertainties. In this sense, Demand Planning ensures that the company operates with the least amount of uncertainty possible.
A well-aligned plan
When plans are not well aligned, each area develops its own plan and defines its actions in accordance with it. As a result, divergent information emerges, leading to more errors and a higher cost of missing or excess information. For this reason, Demand Planning requires a consensus meeting to ensure that all areas adhere to the same plan.
Science and intuition
There is no magic bullet. To tackle uncertainty, we must employ all our available weapons. Thus, a balance between mathematical models, tacit sales and marketing knowledge is ideal.