Quantitative Analysis

Analysis should be anchored in data. Go beyond merely gathering and reporting data, by turning data into information, for more informed decision making. A great supply chain begins with the most accurate demand forecast.

Is your Statistical Forecasting Process in need of greater evaluation and analysis?
Why not start with the best statistical model?
Are you forecasting products that can’t be forecasted statistically?

Learn how to become more productive and effective with a Demand Segmentation Analysis.

Finally, are New Product Volumes backed by analysis, rather than “I think”.

What performance is most important?
Has your organization incorporated variance analysis with Management by Exception?

Statistical Models & Parameter Optimization

Is your organization relying on the same Statistical Models & Parameter settings selected since your software implementation?

Do the users understand the Forecasting Application, its evaluation criteria and measurements… MAD, MAPE, or RMSE.

Why not start with the best statistical model?

Model Selection – How often does your Demand Planning Team reevaluate the current statistical models?

Which Statistical Models are best for groups of historical data?

Univariate
Exponential Smoothing
Holt Winters
Multiple Linear Regression

Parameter Optimization – Does your Demand Planning Team have the proper education to interpret statistical results?

What is the effect of adjusting the Parameters?

Alpha
Beta
Gamma
Sigma

Are you leveraging these functionalities: Outlier Correction, Tracking Signal, and Trend Damping.

Uncover logical flaws that lead to poor decisions based on “inaccurate” information.

Demand Segmentation

Historical sales volumes and order patterns can identify the greatest value added opportunities to apply resources.

Have Demand Advantage perform a one time Demand Segmentation analysis.

Contact us about sending a sample data set.

Learn about the different areas on the chart.

Opportunity for improvement due to the pattern in the data
Little benefit in applying additional resources
Apply additional resources due to importance of the Items
Highly volatile and difficult to forecast Items

Management By Exception

Exception Management is about variance analysis, the variance between the actual and planned, and the need to investigate the root cause, whether it’s performance or process management.

Exception Reports identify items that require review, rather than reviewing all items, or thousands of item variances.

Demand Advantage analyzes your data, defines the criteria to determine which variances are significant, and designs an exception management process.

Exceptions:

Mix or Volume Issue
Tolerance Lanes
80% / 20%
Standard Deviation

The true benefit of Management By Exception is financial through time management.

New Product Introduction

Whether it’s a New Product Launch or Line Extension these are the lifeblood of many organizations.

Greater competition, more frequent new product launches, and shorter product life cycles have made forecasting increasingly complex.

Demand Advantage can calculate your NPI volumes and teach your team about the method and models.

Models:

Comparable Product Analysis
Account Level Forecast Volumes
Scenarios Analysis
Bayesian Model
Monte Carlo Simulation
Diffusion Models
Market Share Consumption Model
Composite Model

Not only do we have a customized method for forecasting New Product Volumes, but we’ll clarify and introduce new aspects of NPIs that affect the launch.

Volumes backed by analysis, rather than “I think”.

Demand Advantage

Providing best in class practices & processes in Demand Management, Demand Planning, Statistical Forecasting, and Integrated Business Planning (S&OP).

Small improvements in practices and processes, coupled with a greater understanding of the organization's information lead to better decision making.

Solutions

Consulting

Quantitative Analysis

Training

Technology

E-Learning

Contact

Phone: 858.334.8370

Email: info@demandadvantageinc.com

Location: San Diego, CA 92037