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"Challenges, solutions and benefits in implementing demand sensing process"

Demand Sensing: Improving Inventory & Customer Fulfillment Levels

White Paper: NexInfo Solutions, Inc

Demand sensing can improve demand planning accuracy, reduce inventory while developing customer fulfillment levels, and also increasing profits which has been a challenging part for many companies.

What is demand sensing process? How can effective Demand sensing process help improve customer fulfillment levels while also avoiding increased inventory?

This whitepaper on Demand Sensing to Improve Inventory & Customer Fulfillment Levels explores the process in replacing E2Open with Oracle Demantra and discusses the positive impacts that it has brought into the Demand Planning process.

Learn about Demand sensing process to understand:

  • Internal supply chain positions, and the inventory levels in the extended supply chain on the customer side.

  • Accessing and Utilizing real time customer inventory information to add substantial advantage for demand planners.

  • Challenges, solutions and benefits in implementing demand sensing process.

Demand Sensing: Improving Inventory & Customer Fulfillment Levels
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What is

What is Supply Chain ?

The network of organizations, individuals, operational activities, resources, information, and the technology involved in the delivery of a product to the end-user is known as supply chain. The supply chain operations encompass the supply of raw materials, natural resources, and components into a refined product to the customer.

What is Demand Side Management ?

DSM, also known as Demand Side Response (DSR) or Energy Demand Management, is to alter or control customers’ demands for energy at specific times by awarding financial incentives or changing behavior through education. DSM helps in reducing system peak demand by encouraging customers to decrease energy consumption during peak hours.

What is Customer Experience Management ?

The key to business profitability depends largely on the customer experience of the product, thus making business organizations take the task of customer experience management (CEM) seriously. CEM simply can be understood as the ways by which a company gains control over its interaction with the customer. It includes a set of processes which the company deploys in order to track, oversee and manage company’s interaction with the client solely with the purpose of optimizing the customer’s experience and procure permanent customers for the company. A look at Gartner’s definition would give a wholesome idea of the concept, “the practice of designing and reacting to customer interactions to meet or exceed customer expectations and, thus, increase customer satisfaction, loyalty and advocacy.”

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