Demand Planning

Precise Forecasts, Profound Impact

Unlock the power of AI-driven forecasting with ICRON Demand Planning — your strategic edge in today’s fast-moving markets. By sensing demand with precision and anticipating customer needs, your business can make smarter decisions, respond swiftly to market fluctuations, and stay ahead of the competition.

ICRON helps you better utilize stocks and resources, freeing up valuable working capital while boosting operational effectiveness. By aligning teams around a consensus-driven plan, you can ensure higher service levels, increase demand satisfaction, and make confident moves across customer and market segments.

Manage your products with clarity and confidence — without the hassle of complex historical data or real-time noise. With ICRON Demand Planning, you're ready to meet demand, drive profitability, and grow with agility.

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Measurable Benefits

Increase in forecast accuracy

Decrease in stock holding cost

Reduction in out-of-stock

Closer to Optimal Stock Levels

Benefits

Let’s explore how ICRON Demand Planning empowers your organization with greater demand accuracy, faster decision-making, and the agility to succeed in dynamic market fluctuations.

Forecast Accurately

Overcome uncertainty with AI/ML-powered demand forecasting and forecast consolidation. Utilize historical data, market behavior, and sales targets to predict customer demand. Achieve accuracy tailored to your unique business logic and product range.

Make Optimized Plans

Generate and sustain forecasts based on business critical parameters. Utilize these precise forecasts as a strong basis for optimizing decisions in all decision-making processes.

Maximize Profits

Align production and inventory levels with correct customer demand. Make it easier to reduce inventory costs as gaps between budget and plan are analyzed and addressed. Maximize revenue potential through accurate demand forecasting.

Streamline Product Life-cycle Management

Enrich the demand decision process by incorporating demand profiles from existing products into new product launches and allocate resources more effectively to high-growth potential products.

Improve Collaboration

Involve sales teams and other departments in demand decision process to foster cross-functional collaboration and enhance the accuracy of forecasts.

Achieve Agility

Analyzing different demand scenarios in the near future will enable rapid adaptation to shifting market dynamics.

Gain the Edge with Demand Sensing

Harness real-time demand sensing powered by AI and machine learning to stay ahead of shifting market conditions. Make proactive, data-driven decisions with confidence and precision.

Boost Supply Chain Resilience

Achieve supply chain resilience by employing anticipatory measures and proactive responses driven by accurate forecasting.

Leverage End-to-end Visibility

Utilize end-to-end process coverage and visibility in your supply chain to make feasible and optimal demand decisions. Get a detailed financial impact analysis of your demand decisions.

Targeted Forecasting Segmentation

The ability to segment customer and product combinations to target the best forecasting approach. This targeted segmentation leads to more accurate demand predictions, aligning resources with market needs for enhanced business outcomes.

A Unique Perspective on
Demand Decisions
with ICRON's Differentiators

Customer Centricity

Tailoring your demand decision process means you can put the spotlight on the unique needs, behaviors, and preferences of different customer segments. It's all about making sure your customers feel heard and understood.
Exploring the various levels of demand decision-making, whether through provided or customized hierarchies, allows you to easily group or break down decisions as needed.

Dynamic Global Pegging

Unlock deeper visibility into the impact of your past and upcoming promotions, new product introductions, and special events. By dynamically linking forecast components, you can clearly identify what’s working — and what’s not — in your demand strategies.
Gain actionable insights that enhance demand accuracy and help you fine-tune future plans with confidence.

Embedded Analytics

Advanced data processing techniques facilitate the analysis of pertinent data, facilitating to implement necessary adjustments before forecasting, thereby enhancing accuracy.
Customized advanced forecasting methods are applied to align with your specific business context.
Benefit from a wide range of analytics capabilities to understand demand patterns, identify opportunities and risks, and make data-driven decisions.
Thoroughly evaluate the accuracy and bias performance of each forecast level and utilize root cause analysis to take the appropriate actions.

Risk Management

Gain valuable insights from leading indicators and early alerts regarding potential risks and opportunities. This enables you to bolster your proactive approach with an advanced proposal mechanism, ensuring you stay one step ahead.

Sustainability

Elevate your sustainability efforts with accurate demand forecasting that drives smarter resource usage, minimizes waste, and enhances efficiency across your supply chain.
With AI-supported forecasting, your organization can not only reduce its environmental footprint but also strengthen sustainability reporting by making data-backed decisions visible and actionable.

Adaptive Scenario Planning

Benefit from out-of-the-box business intelligence, analytics, and reporting capabilities that present all key performance indicators, allowing your organization to compare and evaluate multiple scenarios and make the best decisions that meet business objectives.
What-if scenario analysis offers you the capability to explore potential risks and opportunities. Through simulations and scenario planning, you can effectively harness the agility of your supply chain.

Features That Set You Apart for Success!

ICRON Demand is equipped with cutting-edge technological features that empower your organization to optimize demand planning practices at all strategic, tactical and operational levels, facilitating efficient and informed decision-making in your supply chain.

Advance Demand Management

Advance demand integration and approval process
Enrichment of baseline forecast via collaboration of sales teams and demand planners
Consolidation of machine learning and real-life inputs coming from different sources
Analysis of the inputs coming from various teams and sources
Ability to consolidate different sales opportunities from sales team and customers

Outlier Detection

Clear visibility into outlier analysis
Detailed analysis of past sales including their reasoning
Ability to review and apply suggestions to clean outliers

Product Life-cycle Management

Phase-in/phase-out, NPI, and EOL management
Ability to define relationships between new, old and existing products for forecasting of newly introduced items

Baseline Forecast Management

Automatic baseline forecast generation using state-of-the-art forecasting methods including AI/ML based algorithms.
Ability to dynamically generate forecasts at different levels of grouping / hierarchy and automatically aggregate / disaggregate forecasts by maintaining consistency at all levels.
Detailed analysis of historical data to support informed decision making and reasoning for generating future forecasts.

Event Management

Observing the effect of past campaigns and special days on sales
Incorporating the potential impact of future campaigns and special events on sales into forecasts
Campaign and promotions management

Elevate Your Demand Management

By harnessing advanced demand planning tools and precise forecasting powered by ICRON Demand, you can proactively meet customer needs, enhance profitability, and streamline your supply chain operations.

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