Demand Planning

Demand Planning is a business planning process for analyzing, evaluating, forecasting and demanding goods in supply chain management. Thanks to Demand Planning, it is possible to plan production volumes very accurately. This in turn ensures greater competitiveness and more reliable achievement of business goals. In this process, the complete life cycle of a product must be examined in order to eliminate the risks of over- or underproduction. Other benefits of Demand Planning include savings in inventory and production costs, as well as job security.