Transformation To Digital Demand Management
Effective demand management is critical to the financial performance and health of an organisation.
As the digital revolution in the consumer environment continues, a linear approach to supply chain planning is gradually giving way to ecosystem thinking. Consumers buy in an entirely new way. Goodbye catalogues, hello one-click checkout. To keep up, organisations need the ability manage increasing digital complexities to plan accurately in real-time.
Digital Demand Management: The New Normal
Digitising your organisation will give you the data you need to sense, shape, and respond to demand changes in real time. This will also allow you to apply statistical algorithms to derive more accurate demand forecasts.
To improve accuracy, organisations need to analyse causal factors from increasingly complex digital data sources that influence demand, across the organisation, to determine and manage variability from baseline demand.
Digitisation also facilitates connected collaboration and helps apply process control techniques to manage and improve demand forecasts.
Why is this a Competitive Imperative?
The connected age calls for a new digital demand management system.
One that can effectively;
Digital demand management by ANAPLAN
Introducing digital demand management with the Anaplan platform: a collaborative approach that can keep up with omnichannel demand.
Demand Management by Anaplan provides data-driven demand forecasting functionality and helps enhance cross-functional human insights to achieve a consensus demand plan.
Empower demand planners to sense market changes, forecast confidently, and shape the demand plan to changing market conditions by leveraging flexible models and calculations.
There’s a Better Way to Plan
Increase Forecast Accuracy and Reduce Bias
Optimise New Product and Promotion Plans
Achieve Consensus and Align to Financial Goals
Key Benefits
Executives everywhere are thinking through the contours of the next normal. In this fast-moving economy, businesses that can develop supply chains capable of adaptation, pivot and change will see less competition and huge opportunities on other side of this pandemic crisis.
Brent Gorham is Anaplan Practice Lead at Cornerstone Group, and is a Supply Chain professional with over 20 years of experience within the supply chain sector for Australian and Global market leading companies. Brent is recognised for consistent success in developing systems, processes and people in order to streamline operations.
Brent Gorham is Supply Chain Practice Lead at Cornerstone , and is a Supply Chain professional with over 20 years of experience within the supply chain sector for Australian and Global market leading companies. Brent is recognised for consistent success in developing systems, processes and people in order to streamline operations.
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