Effective demand chain planning can dramatically impact your business. Recent studies show that than 85% of all companies implementing a formal demand management program have generated significant performance improvements. Average gains include:
Logility can help you create demand management processes that will drive best-in-class performance. With comprehensive overviews of market demand, you can raise forecast accuracy. Based on this foundation, you can make profitable decisions about purchasing cycles and quantities. You can reduce inventory levels and product obsolescence. At the same time, you’ll decrease handling and storage needs. Logility also helps you synchronize your supply chain to lower operations costs. By sharing a realistic demand plan, you can eliminate the need for expediting and create efficiencies that ensure a coordinated flow of activity. Bottom line? You’ll speed new product introductions and optimize replenishment programs.
These capabilities can enable you to:
Voyager Demand Planning™ generates forecasts at business levels you define, such as financials, sales and logistics. This makes it easy to align high-level business forecasts and product-level forecasts. Demand for a specific product will change over its lifetime. Voyager Life Cycle Planning™ enables you to model inventory requirements at every product phase, from introduction to retirement. With Voyager Event Planning™ you can implement, evaluate and plan effective promotions. Marketing plans are integrated with logistics and distribution planning, breaking down one of the oldest barriers in the supply chain.
Voyager Inventory Planning™ helps optimize your return on inventory investments. You can prioritize your investing in areas that enable the biggest contribution to gross profit. And you’ll know what, when and how to cost-effectively satisfy demand.