Demand Management
Companies in today’s burgeoning manufacturing industry are facing new challenges, which can be attributed to the developing markets. Increasing customer expectations, market dynamics, tough regulations and evolving sales channels are some of the major factors that have contributed to this scenario. Considering the tightening economy and a considerable increase in consumer options, it is mandatory that your company upholds paramount standards to maintain profit margins and retain your customer base.
Current and ongoing trends for demand management include:
- The prediction and anticipation of sales has become an increasingly problematic task. Despite this, forecasting remains a critical function.
- Dynamic management of supply and demand is an effective method to reduce costs, keep inventories low, and ensure customer satisfaction.
- There is an increased focus on collaboration within and beyond organizational frontiers. This establishes supply chain visibility within multi-enterprise and multi-tier supply chains.
- There is also a stronger emphasis on processes supported by appropriate tools for collaborative and integrated demand-supply planning.
Wipro's services
We have successfully helped our customers in forecasting, facilitating geographical collaborations and in establishing an effective information network to get accurate data for decision-making. Our multi-faceted experience includes:
- Customized demand planning systems
- Safety stock and service parts planning
- Sales and Operations planning
- Supplier and customer collaboration
- Transactional procurement
PLM in a Box
