Predicting customer demand is complicated by shorter product lifecycles, expanding product assortments, multiple channels, frequent promotions and more. By leveraging an integrated planning framework with multiple forecasting methods, JDA’s Demand Management solutions help companies accurately prepare for future demand. JDA's unmatched, economical scalability to handle hundreds of millions of stock-keeping units without compromising critical functionality enables organizations of all types to predict demand down to the lowest-level demand signals in their supply chains.
Transform your business by using JDA solutions to:
Today's companies are especially challenged to accurately predict demand for their products and services. Some of these factors include increasingly demanding customers and end consumers, multiple channels, frequent promotions, fluctuating pricing strategy requirements, shortened product lifecycles and expanding product options — whether for expanding retail assortments or for expanding configuration options in discrete manufacturing. Seasonality, halo and cannibalization effects and the inherently variable nature of demand further complicate the forecasting process. Methodological considerations like correctly interpreting demand history, applying the most appropriate forecasting method and tuning forecasting algorithms add even more complexity.
It's no easy task, but to be successful, companies must have the ability to accurately anticipate not only which products will sell, but also when they will sell and at what price point. Costly mismatches of demand and supply can result in missed sales opportunities, lost profits, excessive expediting costs, too much or too little inventory, lost market share and poor customer service. To address these issues, industry leaders are embracing the reality that demand drives the customer-driven supply chain, and in many industries this demand extends down to the consumer level. Companies are increasingly striving to align their operations with customer and end-user demand signals as the primary driver of optimized supply and demand chain decisions — requiring a solution that provides one synchronized view of demand across their organizations. Moving to this integrated planning framework requires a robust solution that can deliver a consolidated forecast with the highest accuracy.
The JDA Demand Management solution suite provides a comprehensive answer to these complex challenges and helps you better prepare for future demand — down to the lowestlevel demand signals in your supply chain.
Increasing demand visibility across the entire trading network, the solution's multiple forecasting methods enable you to accurately predict demand across all product types — including fast- and slow-moving, lumpy, short lifecycle, trending, steady, highly seasonal and causal-driven. JDA Demand Management can help your company:
The first step to achieving one synchronized view of demand is an accurate statistical forecast that also incorporates human and event intelligence. By facilitating and incorporating this consolidated view into your supply chain, the solution enables you to better satisfy your customers and end consumers with lower total supply chain costs.
JDA Demand Management seamlessly integrates with JDA's promotions and pricing optimization and supply planning solutions, enabling improved demand visibility, inventory position and supply chain decisions. Gain the ability to input your demand plans directly into your supply plans, leverage promotions and pricing information and dynamically adapt forecasts and corresponding replenishment plans to real-time customer orders.
Leveraging JDA's Web-native solution, your users can gain additional insight on the future demand picture through collaboration and communication with internal stakeholders and external trading partners. By collaboratively aligning processes and plans with your most important trading partners, sharing key data streams such as customer demand signals on a regular basis and building a consensus demand plan, you will be on your way to driving true supply chain synchronization.
Superior forecasting performance
Inventory investment optimization
Revenue and profit goal realization