What is demand and inventory planning?

Demand and inventory planning involves forecasting future product demand and aligning inventory levels accordingly to ensure supply meets customer needs efficiently.

How does Pigment help with demand planning?

Pigment helps you forecast demand by combining historical data, market trends, and team input to build accurate, collaborative, and scenario-based plans.

Can Pigment optimize inventory planning?

Yes, Pigment allows you to simulate inventory needs, track stock levels, and plan procurement cycles to avoid stockouts and reduce excess inventory.

Is Pigment suitable for fast-changing supply and demand conditions?

Absolutely. Pigment supports dynamic scenario planning so you can quickly adjust plans in response to demand shifts, supply disruptions, or changing business priorities.

Does Pigment support collaboration between teams for inventory planning?

Yes, Pigment enables real-time collaboration between supply chain, finance, and operations teams to ensure plans are aligned and decisions are made using the latest data.

Demand Planning & Inventory Planning Software

What’s holding you back

Without granular, real-time visibility across your supply chain, forecasts are prone to inaccuracy.

Limited access to reliable current and historical data

Difficulty adapting to demand fluctuations and market change

Increased risk of misaligning inventory levels with demand

Unresponsive to the strategic needs of the wider business

plan with precision and pace

Inventory planning dashboard built in Pigment

Improve demand forecast accuracy

Achieve a better baseline forecast and spend more time on higher-value, more strategic work.

Optimize inventory to meet demand

Adapt to the unique demand and variability profiles of each product to ensure high service levels with low inventory on-hand.

Enhance planning collaboration

Integrated supply chain coordination de-risks plans, and allows for scenarios plans that show the full impact of pricing changes, disruption, and strategic decisions.

KEY FEATURES FOR DEMAND AND INVENTORY PLANNING

Modeling flexibility

Dynamic modeling allows you to adjust plans quickly and understand the impact of every decision, so you can always answer the needs of the moment and satisfy demand.

Enhanced by Machine Learning

Statistical and ML models help you build forecasts that continuously learn from data, giving you improved predictions and helping you capture patterns, trends, seasonality and more.

Fast, flexible decision making

Scenario modeling helps balance supply against constraints, plan contingency strategies, while AI assistants help you plan faster, uncover insights in your data and operate with more confidence.

Frequently Asked Questions

How does demand forecasting enhance supply chain efficiency?

Demand forecasting uses historical data and analytics to predict future demand trends. By accurately forecasting demand, businesses can optimize their inventory planning and reduce waste, leading to a more efficient supply chain and improved overall business performance.

How can inventory planning software improve my supply chain management?

Inventory planning software provides insights into stock levels, order cycles, and demand patterns. This enables businesses to make informed decisions about inventory management, optimize stock levels, and ensure that products are available when needed, ultimately enhancing the ability to meet customer expectations and improve profitability.

How can Pigment support my demand and inventory planning needs?

Pigment offers powerful demand planning and inventory planning software that enables businesses to leverage data for accurate demand forecasting. With its intuitive platform, finance, sales, marketing and supply chain teams can collaborate effectively and adapt quickly to changing market conditions.

What features should I look for in demand planning software?

When choosing demand planning tool, look for features like real-time data analysis, collaborative planning capabilities, integration with existing systems, and advanced forecasting algorithms. These features ensure accurate demand forecasting and effective inventory management.

How does demand planning relate to Sales and Operations Planning (S&OP)?

Demand planning is a key component of Sales and Operations Planning (S&OP). By accurately forecasting demand, businesses can align their operational plans with sales goals, ensuring that inventory levels meet customer needs while optimizing resources across departments.

See Pigment in action

The best way to understand what Pigment could do for you is to see it in motion. Sign up for a personalized demo with our team today.

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Demand & inventory planning with Pigment