Solutions

Demand Forecasting for Improved Supply and Demand Balancing

Quintiq helps you increase the quality, accuracy, and frequency of your demand forecasting by providing an automated, multi-scenario solution that supports both quantitative and collaborative forecasting. This leads to better supply and demand balancing, more accurate safety stock levels, improved delivery performance and better profit margins.

Using the Quintiq Demand Planner you can perform demand forecasting frequently and efficiently -- without the tedious manual tasks and fragmented data that are usually associated with the process. Demand forecasting can be based on statistical data from multiple organizational groups and geographies, or on collaborative input. Built-in collaborative forecasting features allow you to incorporate multiple inputs for each value, for an informed decision that compensates for lack of historical data. You can also combine both quantitative and collaborative methods.

Outputs of your demand forecasting process can be incorporated into Macro Planner, for performing various tasks such as supply and demand planning, deciding on desired safety stock levels, or performing available to promise planning.

Demand Forecasting Key Advantages and Benefits