Improve short-term forecast accuracy by deploying daily level demand sensing
The solution enhances traditional weekly level demand planning by utilizing daily level data from the TradeEdge platform and a variety of other current information. The solution runs on SAP BTP, making it scalable and suitable for organizations of all sizes.
Overview
Get more granularity, depth, and recency of data for demand forecasting
The solution compliments forecast solutions to improve short-term accuracy by breaking down weekly forecasts into daily levels, ingesting data available in the immediate past, bringing insights from the last mile, and using a variety of information not available within the standard data model.
Improve supply chain efficiency through updated material movements visibility
Understand changes in customer behavior and market trends, including early demand signals during a product launch. We provide actionable insights in inventory realignment so that companies can deploy resources where they're most needed and reduce potential out-of-stock situations.
Gain wider, in-depth market insights through TradeEdge Market Connect
The TradeEdge data exchange platform brings in external data relevant for planning but not available within the CPG organization, removing the complexities of disparate external data formats. It can further be used to gain better channel visibility, improve retail execution, and boost traceability.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Retail, Consumer Products, Wholesale Distribution, Sports and Entertainment
Compatibility
Works with
Features
Give due consideration to recent end consumption in the demand sensing process
Traditional demand planning focused on a weekly level is augmented with readily available daily POS data. This makes end consumption data an integral part of the demand management strategy and creates a forecast model that is more adaptive and responsive to changing business dynamics.
Ingest additional granular data not available in standard data sets
The solution uses data from extended networks through the TradeEdge Market Connect module to ingest retail activity and inventory data, including inventory holding policies of downstream partners. It also accommodates effects of external factors such as weather, traffic, and competitor activity.
Provide actionable insights for better and timely inventory realignment
The harmonized and analyzed forecast data, based on recent past granular inputs, results into more refined short-term demand sensing. This enables planning applications, proposed realignment, and optimization of inventories at both upstream and downstream locations.
Plans and pricing
Base Price
Solution demo included
Assessment of existing landscape and processes for feasibility and fitment evaluation
Necessary discussion with client's Technical and Business Experts to define the scope, process & integration requirements during feasibility analysis
Proposal for solution deployment included
- Minimum contract 1 month
Solution demo included
Assessment of existing landscape and processes for feasibility and fitment evaluation
Necessary discussion with client's Technical and Business Experts to define the scope, process & integration requirements during feasibility analysis
Proposal for solution deployment included
