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"Role of Demand Management in Supply Chain Management"

Role of Demand Management in Supply Chain

Role of Demand Management in Supply Chain

White Paper: NexInfo Solutions, Inc

Why should companies have an effective process for Demand Management?

Organizations are in a competition of applying new technologies and analytics to make their supply chains more efficient,  reduce inventory, and improve customer satisfaction while improving profitability. This implies the need to have an effective process for demand management.

What is demand management? Why is there a need for demand management in supply chain?

  • Demand management processes help organizations gather valuable insight, agility, and improve the ability to plan and forecast while increasing visibility into customer demands.

  • Demand management helps companies improve inventory levels, enhance customer service, optimize trade and promotion planning, and enhance inventory planning.

  • Demand Management is far more robust than developing a demand forecast or sales forecast.

  • Improper demand forecasting results in more supply chain costs and low margins.

Download this whitepaper to learn more about Demand management  processes and how NexInfo Solutions has come up with the ‘NexGen Methodology’ that targets the success of demand planning, Sales & operations planning projects.

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What is

What is Digital Transformation ?

Digital transformation is the noteworthy and accelerating transformation of procedures, activities and foundational components of a business leveraging its operating model to its infrastructure with the application of digital technology across society in a strategic and prioritized way.

What is Digitalization ?

Digitalization is the mixing of virtual technologies with cutting edge progresses into everyday lifestyles through the digitization of everything that can be digitized. Digitalization is not quite the same as digitization. According to Gartner, “Digitization is the process of changing from analog to digital form.”

What is Digital Supply Chain ?

The digital supply chain is a process of networking between individuals and organizations involved in a business deal that is initiated in a paperless environment, using web-enabled capabilities. Whereas a supply chain is the simple networking between all individuals, organization, and activities involved in a business process from the manufacturer to the end user. Precisely a supply chain is a set of two or more individuals or organizations directly involved in selling or buying services

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