Demand Planning
Demand Planning is a strategic approach in Supply Chain Management involving systematic forecasting and evaluation of future demands. It incorporates analysis of sales, inventory levels, market trends, and business strategies to ensure accurate, timely supply of goods and services, supporting organizational efficiency and customer satisfaction.
Level 1: Emerging
At an emerging level, you are familiarizing yourself with basic aspects of demand planning such as forecasting and coordinating, instrumental in supply chain management processes. You're beginning to execute simple tasks.
Level 2: Proficient
At a proficient level, you are able to accurately forecast customer demand, optimize inventory levels, and develop strategic plans to meet demand fluctuations within the supply chain management framework.
Level 3: Advanced
At an advanced level you are adept at analyzing historical data, market trends, and customer insights to develop accurate demand forecasts that drive efficient supply chain management decisions within the organization.
