Using Demand Planning to Meet Production Requirements
Eliminating Barriers to Successful Demand Planning
Barriers to successful demand planning take various forms. Insufficient or inconsistent historical data impedes the generation of statistical forecasts. These problems can include data that is missing for a particular time period, data that is in an inappropriate structure, and even inadequate technical and software equipment for secure data transfer.
In addition to data barriers, inadequate analytics tools or a lack of expertise in using available analytics tools can hinder successful demand planning.
Even when the requisite data and analytics capabilities are in place, demand planning can flounder if communication between the supply side and the demand side is unclear and reactionary.
QueBIT provides the tools, services, and expertise that enable businesses to overcome these barriers so that the two sides of the process combine to yield optimal results.
Leveraging Analytics Technology
Demand planning is a dynamic process. QueBIT’s approach to demand planning combines aspects of:
- Demand forecasting
- Inventory management
- Production planning and scheduling
- Materials requirements planning
- Capacity planning
QueBIT brings the various aspects of demand planning together by leveraging the power of modern analytics technology, including:
- Robust data storage
- Business Intelligence tools
- Business Analytics tools