Demand planning in supply chains

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MAGAZINE №1 (72) February 2016

AUTHOR  SOLODOVNIKOV V.V. 

CATEGORY   Planning the supply chain 

ABSTRACT

The paper analyses the demand planning process from supply chain management perspective. The place of the analyzed process in SCOR and GSCF models is investigated. Main steps of the process are clarified: analysis and preparation of historical data; statistical forecasting; manual expert correction of the forecast; forecast verification and confirmation; quality monitoring of forecast and process. Approaches to process data organization are investigated; terminology in this area is presented. The key forecasting methods are analyzed including: qualitative/subjective, cause and effect, time series. Key forecasting models for demand planning in supply chains are systemized. The importance of the quality monitoring of forecasts is highlighted. Main methods of determination of exceptional situations are presented. Key requirements for informational systems of demand planning are formalized. Overview of popular software tools for demand planning is presented.

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