- Demand Planning
Overview
What planning with high accuracy delivers
Blue Yonder significantly contributes to improved understanding of demand drivers and customer behavior leading to higher planner productivity and better inventory management.
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reduced out-of-stock rate
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forecast accuracy levels
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reduced waste
Features & Capabilities
A new, microservices-based approach to demand planning
Achieve precise forecasts with advanced analytics
Leverage the combined power of statistical methods, machine learning and AI for accurate demand sensing and forecasts.
Boost forecast accuracy with collaborative planning
Leverage multi-dimensional analysis and planning to close the gap and enable the communication and collaboration necessary to improve forecast accuracy and optimize inventory.
Strengthen predictions with clear demand drivers
Increase confidence in forecasts using our glass box approach to understand underlying causal factors of demand.
Outside-in forecasting and powerful automation
Experience the highest degree of automation by processing hundreds of internal and external signals to arrive at unbiased predictions and deliver profitable business decisions.
Key Benefits
This is what you could achieve with Blue Yonder
Enhanced Forecast Accuracy with Advanced AI and ML
With Blue Yonder's Cognitive Demand Planning, businesses can achieve a 12% improvement in forecast accuracy. By integrating patented algorithms and advanced machine learning models, this solution ensures that demand forecasting is not only highly accurate but also reliable. The AI-driven feature engineering accelerates decision-making and optimizes forecast precision.
Increased Efficiency and Cost Savings
Cognitive Demand Planning leads to a 75% improvement in planner efficiency and a 50% reduction in costs and expenses. This is achieved through the automation of routine tasks and the real-time simulation of demand drivers, which empower planners to respond swiftly and strategically. Additionally, the solution offers significant savings, such as a 30% increase through one-time inventory reduction.
Collaborative and Unified Planning and Strategic Decision-Making
Blue Yonder's solution enhances collaborative consensus planning by integrating inputs from sales, marketing, and operations into a unified process. This multi-dimensional analysis improves visibility and enables faster, more informed decision-making, leading to a 2% increase in revenue and a 1.5% rise in gross margin.
Work smarter with Blue Yonder
Demand Planner
Gain accurate forecasts to ensure the right products are available at the right time, minimizing stockouts and overstock situations.
Increased profitability
Achieve higher availability and lower costs through micro-segmented demand and AI powered forecasting.
Optimized inventory and minimized waste
Align inventory deployment to market to reduce overstocking and stockouts and reduce the waste in your supply chain.
Increased revenue
Topline growth through a more accurate view of the market and higher customer satisfaction.
Achieve higher availability and lower costs through micro-segmented demand and AI powered forecasting.
Optimized inventory and minimized waste
Align inventory deployment to market to reduce overstocking and stockouts and reduce the waste in your supply chain.
Increased revenue
Topline growth through a more accurate view of the market and higher customer satisfaction.
Case Studies
Success stories in Demand Planning
After experiencing a rapid growth in e-commerce, requiring delivery to customer homes and retail locations, City Plumbing needed to find a way to optimize their legacy warehouse systems. Blue Yonder's Warehouse Management System enabled them to enhance their visibility and responsiveness, resulting in a 20% reduction in inbound receiving time, improved process accuracy and efficiency, and higher levels of service and profitability.
From understanding demand and how to forecast, to partnering with suppliers to better understand needed capacity, to seeing how their retail businesses decide to allocate a product, having a full spectrum of information allows PVH to enable end-to-end global planning across multiple brands.
For UK-based grocery retailer Morrisons, serving its more than 11 million customers starts with making sure the right products are in the right place. Discover how Blue Yonder helped the organization increase shelf availability of over 29,000 SKUs in 130 categories across its 500 stores.