Demand Planning
Demand Planning Features Include:
- Item & Group Forecasting
- Self Selection Forecast Models
- Personalized Data Views
- Kit and Promotional Pack Support
- ABC Analysis
- Product Life Cycle Management with Simulation
Unique to Demand Planning is its automatic self-correcting, self-selecting modeling process that uses proven variables within embedded algorithms. Six state-of-the-art forecasting models are used to automatically generate sales, marketing, logistics, and/or other forecasts. For all businesses, from the most dynamic to the most complex, Demand Planning monitors every product and automatically selects the most appropriate business model. When circumstances change, Demand Planning will automatically select the best model for the new situation. At the same time, users can override quantities or percentages at any level of the business to accommodate promotions, supply constraints of other "what-if" possibilities, with all changes instantly reflected in the data. As a result, managers can manage by exception, proactively combining their insights with the most accurate information possible about current and future demand.
This automatic modeling contributes to a high degree of accuracy. In one benchmark study, Logility's Demand Planning proved to be 80% more accurate than other planning solutions. The results: lower inventories, improved customer service, more accurate labor scheduling, increased fleet and other efficiencies, less obsolescence and fewer customer stock-outs.
Demand Planning minimizes user input while maximizing effective management and control. The entire planning process is automated, from the loading of periodic demand data to the production of multiple forecasts. Report cards can be generated to provide feedback for managers and increase the accuracy of future forecasts.
Logility, 470 East Paces Ferry Road, Atlanta, GA 30305. Tel: 800-762-5207; Fax: 404-264-5206.