Effective Demand Driven Replenishment means being responsive to demand fluctuations through holding the right products in inventory at the lowest possible levels.
An effective make-to-stock inventory strategy cannot be based solely on historic trends. While these trends may have proved consistent in the past, all that can be said about the future is that they are likely, but not certain, to be accurate.
Operational reality will often confound the most robust predictions and I-Plan is designed to manage it, quickly and effectively.
If, for example, demand in a specific market collapses to a fraction of its predicted volume, I-Plan enables you to manage this in real time without significant disruption to your supply chain. It also protects you from the financial and operational burden of excessive stock levels.
Given that markets are increasingly unpredictable, I-Plan protects your global operation against fluctuations in customer demand by using a proven statistical approach to the management of uncertainty.