Improving Demand Planning for Distributors & Wholesalers.
Find out how distributors & wholesalers have been able to overcome disruptions and increase forecasting accuracy & service levels while decreasing inventories & stockouts.
Distributors & wholesalers are sellinganenormousportfolio of productsthrough different channels: online retailers, offline stores, anddirectlytoconsumers in some cases. Demandpatternsacross these channels are very different, soit'scrucialtounderstand these differences.
Traditional technology limits your capability to properly tackle these challenges, with complex Excel sheets, siloed information, and constant firefighting as a result. Poor forecast accuracy results in systematic overstocks creating scrap waste and high maintenance/storage costs, or empty shelves, which is particularly painful and costly for organizations selling fast-moving and perishable goods.
Benefits of AI in Demand Planning
Time to put the market central in your planning processes and align around the volatility of your customers. By combining human knowledge with AI, Garvis empowers planners to make fast and accurate decisions based on data, real-time insights, and risk profiles.
Forecast error dropsby 30 to 40% with60% less effort
Better decision-making: more stable production schedules and better alignment with retail network
More accurate launch and planning of new products
4-5 days reduction in safety stock
No implementation costs, immediate value (implement in one day, have results in a week, go live in a month)
Higher job satisfaction, less firefighting and more time for productive work
Key features for distributors & wholesalers
Powerful, user-controlled AI to help planners understandthecomponents of demand, notjustthetotaldemand
Direct linkagetoinventory planning andre-order planning
Events library and user-machine (AI) collaborations allow faster and more accurate responses to disruptions