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Demand Optimization
Demand Optimization
Enhance performance with an effective demand planning solution.
Effective demand planning can make substantial contributions to your business. Recent studies show that 85% of all companies implementing a formal demand management program have generated significant performance improvements. Average gains include:
- 13% improvements in overall forecast accuracy
- 24% gain in inventory turns
- 5% improvement in gross margin
Source: AberdeenGroup, Demand Management Benchmark Report
Logility can help you create a demand planning solution that drives best-in-class performance. With comprehensive overviews of market demand, you can raise forecast accuracy. And by sharing realistic demand plans with customers and supply chain partners, you can coordinate activities for timely, cost-saving efficiency.
Our demand management software suite enables you to make profitable decisions about purchasing cycles and quantity levels, from product rollout to product retirement. You'll have the ability to boost customer service, ensure successful promotional support, and stay on top of market changes.
Logility's demand management software enables you to:
- Improve forecast accuracy
- Reduce inventory costs
- Eliminate redundant and obsolete inventory across the supply chain
- Accelerate product introductions
- Increase gross margins
- Proactively identify risks and opportunities
- Decrease or eliminate expediting costs
Demand management solutions – gaining visibility across your supply chain.
Voyager Fashion Forecasting™ greatly improves forecast accuracy for collection launches and new product introductions for fashion-driven businesses. This unique demand planning solution streamlines your current processes for introducing new styles. Very quickly, you can identify the season's Top/Flop sellers, slash panel ranking time, forecast demand at the style-color level with up to 95-99% accuracy, and automatically model size curves for sell-in and replenishment orders. As a result, you can drastically reduce the number of samples you need, increase the reliability of your forecast and boost profitability.
Voyager Demand Planning™ helps reconcile differences between high-level business forecasts and lower-level product forecasts. You can achieve a one-number plan that meets multiple business needs-including planning, sales, finance, manufacturing and distribution operations. And by aligning your inventories with customer demand, Logility's demand planning solution makes it easier for you to boost service levels, shorten cycle times and reduce inventory obsolescence.
Voyager Life Cycle Planning™ helps you model demand for each phase of a product's lifetime. This control ensures you have the right inventory to meet market requirements - at product introduction, maturity, replacement, substitution and retirement. Flexible analysis options help you maximize product rollouts and drive higher margins.
Voyager Event Planning™ integrates marketing strategies with forecasting, distribution and logistics planning, breaking down one of the oldest barriers in the supply chain. With this module, you can easily simulate and analyze the impact of promotional plans, considering demand-shaping strategies such as price discounts, coupons, advertising, special packaging and product placement.
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