eBooks & Briefs

The Inventory High Wire Act: How Demand Modeling Systems Drive Revenue without Breaking the Bank

Every supply chain planner wants to deliver high customer service to support revenue growth, but balancing these goals with cost can often feel like a high wire act. Relying on forecast accuracy alone to set optimal inventory levels doesn’t get you there. Fortunately, AI-powered demand modeling systems provide a tried and proven way to get this balance right. Download our brief to learn:

How modeling demand and uncertainty helps you make smart inventory tradeoffs that optimize customer service levels
Why demand modeling systems are superior to traditional deterministic forecasting
How to model demand influencers such as promotions, product launches, weather data, and more for higher customer service and revenue
How real customers are reaping the benefits of demand modeling to right-size inventory and raise customer service and planner productivity

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Promotions Planning gives cross-functional teams the visibility to synchronize demand shaping campaigns and promotions with supply chain operations ensuring that inventory is in the right place to meet demand on a daily basis, right down to the store level.

Allocation and Replenishment automatically calculates optimal inventory levels for both existing and new items to create a time-series plan that achieves target service levels even in the face of demand variability and distribution complexity.

Supply Planning provides visibility across vendors and warehouses, simplifies collaboration with suppliers, optimizes the supply network and leverages machine learning to continually improve planning by analyzing a wide range of variables and data across the supply chain.