Voyager Life Cycle Planning
Predict product demand with effective product life cycle planning.
From rollout to retirement, Voyager Life Cycle Planning provides the essential control you need to plan and manage each phase of a product’s lifetime. Logility’s attribute-based demand modeling capabilities help you accurately forecast demand of new products, short-life or seasonal products and end-of life products. Just as important, you can see how demand patterns will impact your entire supply chain.
Attribute-based modeling is used for the four components of the forecasting process: creation of demand profiles, profile assignment, ongoing accuracy assessments and automatic forecast revisions. You can quickly model the impact of multiple demand scenarios, consumer buying patterns, and other demand signals. And the system can automatically adjust forecasts to reflect market changes.
By keeping your forecasts accurate and timely, you can ensure that the right products are available at all the right times. Logility helps maximize margin contribution from the product’s introduction, maturity, replacement, substitution and retirement.
Voyager Life Cycle Planning can help you:
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- Increase forecast accuracy
- Improve the success of product launches
- Maximize margin contribution from product retirements
- Reduce stock-outs
- Optimize replenishment strategies
- Accurately predict future selling patterns