Introduction
The Demand Planning was manually forecasting in Excel and not leveraging any statistical forecasting processes. This was impacting their demand planning metrics and causing supply chain disruptions and performance issues.
The company’s top objectives
Improve Forecast Accuracy and Customer Service.
Perform SKU Segmentation and implement Statistical Forecasting
Eliminate use of Manual XL based planning processes
Improve planner productivity.
The resolution
Re-designed APO Demand Planning to support business requirements. Implemented ABC/XYZ inventory segmentation to help identify SKU profiles and time series.
Implemented Forecast Consumption in APO SNP
Implemented Alert Monitors and Exception based planning
The key benefits
Implemented ABC/XYZ Analysis, Statistical Forecasting and re-designed Demand Planning process
Improved Forecast Accuracy, Inventory levels and Customer Service.Captivating Headline
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