We have strong experience in improving demand and inventory planning activities, particularly in settings where uncertainty plays an important role. We understand these processes as very critical to balance ever increasing service requirements and rising competitive pressure.
We take a four-step approach to reshape demand and inventory planning in a sustainable manner:
• Define strategic service requirements and categorize products according to their business roles
• Design state-of-the-art forecasting methods, acting on the key factors that may influence accuracy (e.g., aggregation levels, promotions, price-elasticities, outliers)
• Deploy effective inventory policies that enable the right service levels and drive alignment with financial goals
• Change the company’s culture and focus on plan-do-check-act cycles for continuous quality improvement.