How to Personalize Demand Planning Using Scenario Analysis
Demand planning is a complicated, collaborative process wherein the understanding of future customer demand helps in deciding inventory, production, revenue, and services across the organization. While accurate forecasting is an important step towards it, the end decisions are about deciding between various plausible tradeoffs. Typically, such tradeoffs are evaluated in an ad-hoc manner at the best, and there is no one-size-that-fits-all solution in terms of which tradeoff to choose to operationalize. In this webinar, we’ll be discussing recent technological advances that enable evaluation of feasible tradeoffs between multiple objectives using historical data with the help of scenario analysis so that teams working collaboratively can make such decisions that are right for them at that time. Join our group of presenters to learn about: - Scenario analysis and how it can help evaluate feasible tradeoffs - Role of forecast accuracy in demand planning through scenario analysis - End-to-end tools that incorporate data, enable accurate forecasts, perform scenario analysis and operationalize demand planning across the organization based on the chosen tradeoff