In a previous blog post, we discussed how demand planning is crucial during a crisis. Demand planning is the stabilizing anchor in a volatile supply chain. Demand planning may sound like old technology, but it is the foundation of a profitable supply chain. However, not all solutions are created equal.
So what demand planning solution is right for you? It depends. There are a number of factors to consider before making a decision. While researching the various options, you should evaluate solution providers to see how they perform and compare the results. At a minimum, each solution provider should offer a pilot or trial so your retail company can see estimated profit improvement before making any final decisions. Once a trial is conducted using your stores’ data, you can see what actual results would be for each solution provider to determine value.