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Demand Planning

LTPlabs has a strong experience in improving Forecasting and Demand Planning related activities. We understand these processes as very critical as they should deliver information to all planning upstream. 

 

We take a four-step approach to make improve Forecasting and Sales in a sustainable fashion.

 

  • Categorize products by its forecast difficulty and forecast importance. Improve commercial input and raise the visibility of Forecasting and Sales importance.
  • Identify the key factors that may influence the accuracy of demand planning (promotions, price-elasticity, outliers), and create the baseline.
  • Analyze and improve the current methods, parameters and aggregation steps.
  • Change the company’s culture and focus on plan-do-check-act cycles for forecast improvement.

 

Related Case Studies

INCREASING SALES THROUGH THE PROMOTION OF FRESHNESS ON THE SHELVES.