Posts

Key Concepts of Capacity Planning Software

Image
  Various factors like successful advertising campaigns, referrals, some external contributors such as season can produce an increase in sales. And you should always be prepared to handle the sudden surcharge. It’s essential you work to your maximum capacity to meet the demands. However, how do you measure your capacity and how do you know if you are working to your full potential or not? The answer is simple and can be answered with three words Capacity Planning Software. Before we dig deep into Capacity Planning software , here’s more on capacity planning.  Capacity planning is one of the stepping stones for any company. The method of analyzing the production capabilities to achieve the demand is commonly known as Capacity Planning. Besides the obvious explanation, Capacity planning is also defined as a tool to reduce the inconsistency between customer demands and capacity of entity of business.  Besides assisting you in identifying the capacity of the business, it also contributes t

Questions you need to ask before demand planning

Image
  Given a chance to choose between never bearing a loss and accurately forecasting your demand, what would you choose? Business is more than just profit and loss; it is about solving real-life problems and making life easy. One such problem is precise sales forecasting or demand forecasting. Today, with the rise of technology, anticipating demand has become accessible only if you know how to go about demand planning and forecasting .    Demand planning is not just a science of reacting to forecasted demand. It is the art of planning every step, preparing for the worst, hoping for the best, and then fulfilling the predicted demand . I t is always essential you ask questions before beginning with the demand planning. Here are some of the crucial questions that you should ask before you start planning        What is your desired demand planning KPIs?    Demand planning KPIs provide you with real-time information which assists you during forecasts. Demand planning is the art of prepa