A new version of Infor's SCM Demand Planning is now available for demand planners. Built to provide visibility into downstream demand, version 6.4 helps businesses increase forecasting accuracy and feed more information into the demand planning process.
New features help planners better engage sales and marketing in the forecasting process, and suppliers in the ordering process, leading to more accurate and predictable demand and supply plans. Advanced statistical capabilities combined with market knowledge gleaned from internal and external data collaboration bring pinpoint accuracy to demand plans for a single, global view of the “truth.” This enables companies to keep inventory levels at a minimum with reduced obsolescence that offers higher customer service for the most profitable products to increase margins.
“We are thrilled with Demand Planning 6.4, as new functionality is allowing us to quickly and easily transfer data throughout the requirements planning process and get visibility into relevant information through multiple workstreams,” said Brian Johnson, inventory planning manager, Quality Bicycle Products. “This has led to increased communication between suppliers and partners that is continuously improving our business productivity.”
“As the economy and global demand improves, tectonic changes are occurring in supply chain management that are moving supply chain planning to a top line revenue driver,” said Alan Lindsay, senior product manager, Supply Chain Management, Infor. “Supply chain officers and demand planners focusing on both planning and execution will be best equipped to adapt to the variability in today's supply chain and seize growth opportunities.”