Complex product hierarchies, complex plant and regional structures, constant influx of input from your organization and trading partners . These are the some of the challenges in demand planning, the main driver of the different levels of supply chain planning activities including production, distribution and warehousing planning. To be competitive in supply chain planning, you need to be competitive and accurate in demand planning. And to be competitive and accurate in demand planning you need the right tool and processes which are able to cope with complexities of demand planning.
Whether they are done solely on spreadsheets or with the presence of an ERP system, traditional demand planning processes are highly manual. They cannot cope with the complex demand planning requirements of a contemporary supply chain and results in inflexible forecasts and poor business reporting. With 15+ years of experience in Supply Chain Optimization, ICRON Technologies provides ICRON Demand Planning (ICRON DP) solution to revolutionize your planning and forecasting activities by its mature, cutting-edge technology, and innovative modeling and implementation practices.
ICRON DP introduces demand optimization to your organization by applying mathematical optimization techniques to identify the best combination of price and promotion to achieve desired sales, gross margin, inventory or market share objectives. ICRON DP deploys mathematical algorithms and applies to large databases of sales data to help predict future outcomes.
Benefits and features of ICRON DP are:
- ICRON DP seamlessly integrates with your existing data sources including your existing ERP system, in house databases or spreadsheets.
- ICRON DP provides accuracy demand forecast and reduces the cost and risk of inaccurate demand forecast.
- ICRON DP implements advanced calculation and simulation logic to give you competitive advantage in demand planning. Tailored to your specific requirements, these algorithms greatly automate demand planning processes.
- ICRON DP significantly improves planning and execution productivity while decreasing planning time.
- ICRON DP decreases forecast cycle times.
- ICRON DP delivers accurate business reporting.
- ICRON DP provides extensive tools to conduct what-if analysis and scenario comparison.
- ICRON DP integrates and centralizes the planning along the entire supply chain network.