Demand planning is vital for any organisation to not only meet ends meet but also increase revenue of sales and remain top of their industry. With demand planning basically a multi-step to ensure there is operational supply chain management to ensure there are reliable forecasts, it works effectively to ensure that a guide for the organisation exists to be used. With the accuracy in revenue forecasts and peaks highlighted, here are the basics of demand planning with ERP that departments of every organisation benefits in.
Stock management
Stock inventory is the most important aspect when it comes to an organisation that deals with products. As the heart of the business, its the visual behind the business where numbers are seen. By use of previous reports from other financial periods as a guide, ERP ensures that a predicable guide is created on the least busy periods to the busiest in a year. This in turn allows the organisation to either reduce or add more stock to the inventory, satisfying customers demand without incurring any loses.
Provide customer satisfaction
The customer care department in an organisation works as the face of a company. In this regard with repeat customers coming it , it would work best to show the initiative, appreciating the customer for their loyalty. By demand planing with ERP, the organisation can plan ahead to contact the customers first to place their orders. By using the numbers from previous periods derived from the ERP, customer satisfaction would be achieved which might even lead to referrals by others.
Skilled and adequate Man Power
The human resource department ensures that skilled and a full team is always available to ensure that the work in the organisation is done flawlessly and in record time. With the use of ERP planning the organisations demand of workforce can be predicted. This way job announcements can be advertised before peak periods reach. In the end not only will the right candidates for the job be selected, the additional staff recruited will also be able to be familiarised with the work at hand. This ensures better planning and even better services to customers in a peaceful professional environment.
Task Managing
The planning department works to ensure that all data provided is correct and leads to increased profits in the end. With a task manager set up by use of the ERP, alerts are creating. This in turn ensures that with the notification given ahead of time, planning with can take place within the stipulated time too ensure there are no glitches in the business. In this case if its addition of stock, repair and maintenance, replacements of vital machines all can be done, ensuring business never stops.
All in all demand planning with ERP guides the organisation In all the basic foundations as it not only gets to incorporate historical sales data in planning but also guides to ensure that collaboration with customers is achieved. This in turn creates a strong suitable plan that the organisation can use to not only survive in its industry but explore other markers.