Brought to you by NewGen, a customer-centric ERP consulting group with over 25-years of experience
Home » Educational » What is Demand Planning?
Brought to you by NewGen, a customer-centric ERP consulting group with over 25-years of experience
Demand planning helps businesses predict and meet customer demand by analyzing current sales as well as consumer trends, historical sales, seasonality data and a product’s natural lifecycle. Effective demand planning delivers both profit and customer satisfaction by helping businesses create ideal inventory levels, shipping timelines and all the steps needed to meet demand.
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