Demand Forecasting & Supply Chain Management Tool

Problem

Demand forecasting is an essential part of Supply Chain Management. Our client needed to improve their demand forecasting model due to:

• Low accuracy rates of the current model
• Lack of service level differentiation across product categories and dealers
• Lack of ability to incorporate push sales activities
• Lack of data driven replenishment process
• Lack of proper link between campaigns/new products and demand planning
• Lack of visiblity & consensus between supply chain operations

Action

To address the client’s requirements, our team

• Built a tailored demand forecasting models with advanced analytics methods
• Established an automated replenishment process
• Refined the network models to optimize distribution
• Enhanced visibility with a holistic tool to monitor KPIs and metrics

Tool Stack

• Python, QlikSense, AWS