Demand Planning Software
Supply chain teams rely on Demand Planning software to set performance benchmarks, allocate resources, and optimize targets for revenue, profit, territory, pipeline opportunity, and myriad other criteria. Enterprises rely on accurate demand forecasting (daily, weekly, monthly, etc.) to improve production scheduling, inventory management, logistics, and financial planning.
Exceptional demand forecasting underpins success enterprise-wide, from inventory to production to financial management. The results of success are improved service levels, reputation, customer loyalty, and your top and bottom lines. ROI is our endgame:
- Create and manage sales forecasts with an intuitive, workflow-engineered web interface.
- Leverage best-possible statistical methods to set baseline forecasts.
- Layer baseline forecasts with knowledge and insights not in the historical data.
Demand Sensing for Demand Forecasting
Vanguard’s next generation Demand Planning has advanced support for Demand Sensing. Demand Sensing requires software that can ingest and analyze a large volume of data: many times from multiple sources. Vanguard delivers. With Vanguard’s proprietary data store, large volumes of data from multiple sources can be ingested and analyzed in seconds. Such sources may include:
- POS data
- Ship-to/warehouse Data
- Social data
The goal of leveraging Demand Sensing is to gain early insight into potential new patterns that are developing; possibly closing any gap between your plan and reality in your supply chain. Vanguard’s vast libraries of mathematical models have been designed and tuned for Demand Sensing. Vanguard Predictive Planning can ingest data at a higher frequency, in some instances, up to hourly refreshes, enabling adjustments and new insights into your short-term forecasts.
Workflow for Demand Forecasting
Demand Planning features a highly intuitive user interface with robust workflow automation, visualization, and reporting to help knowledge workers of all stripes tap into the power of the module’s underlying statistical forecast engine. User-oriented features include automated ABC classification (to group items by any possible stratification rule), and various workflow and documentation tools that stamp all forecast preparation and management activities by time, user, and reasoning.
Reporting for Demand Forecasting
Best-in-class reporting features begin with the Vanguard Software Pivot Table. This dynamic tool gives you drag-and-drop control of report views based on any hierarchical sequence available in your data, such as region, product line, customer, etc. From there, apply filters to constrain reports to any combination of tagged attributes in your data. Manage time horizons (history and forecast), as well as time periods (days, weeks, months [calendar or 4-4-5], quarters, and years). Hover over individual cells to visualize pie charts, time-based charts, bar graphs, and more. Easily export data to Excel for additional manipulation.
Other reporting features include:
- Forecast vs. actual
- Continuity report
- Gap analysis and gap detail
- Exceptions report
- Forecast at any time period, including 4-4-5
- Flexible product hierarchies with unlimited levels
- Bill of Materials expansion (BOM)
- Time-based BOMs that can change over time
- BOM elements with their own lead times
- Multiple units of measure (MOU)
- Conversion to financials (COGS, revenues, profit, etc.)