Challenges

• Rigid legacy tools to manage Supply Chain Planning process.
• The customer was using dozens of spreadsheets for Forecasting and Demand Planning process which had created demand planning silos across different geographies.
• The Process of collating the different demand plans was cumbersome and counterproductive.
• The tools used for statistical forecasting was kind of a black box with not much flexibility to tweak forecasting parameters which was resulting in baseline forecast accuracy issues.

Our Transformation

• AttributeX built and implemented Collaborative Demand Planning application on the Seamless, Agile and Transparent planning platform Anaplan, providing the ability to integrate 5 different Demand Planning teams across geographies on a single platform
• The integration enabled the customer to foresee, predict, and accommodate market changes in real time.
• During the Covid-19 pandemic situation, the planning team was quickly able to accommodate the outliers because of a sudden fall in demand which otherwise would have negatively impacted the forecasts by using features like history correction and choosing an alternative forecast method.
• Leveraging the power demand plan scenario, the team was able to generate multiple scenarios based on different macro-economic situations and predictions to be ready and adopt the way the situation pans out.

Benefits

• The demand and supply planning teams gained real-time visibility into continually changing data, enabling the team to manage by exception and prioritizing problem areas, improving forecast accuracy, boosting productivity, and cutting costs.
• The integration also enabled the planning teams to foresee, predict, and react to market changes in real time.

Key Highlights

• The team experienced unprecedented improvement in collaboration and plan visibility.
• The demand planning analysts who previously spent about 70 percent of their time integrating spreadsheets now spend less than 10 percent of their time on that task.
• Consolidating or accommodating a change in demand used to take 1.5 Weeks now takes just one day