Limitations of demand planning software ism
Click here to load reader
-
Upload
gunjan-khurana -
Category
Documents
-
view
438 -
download
0
Transcript of Limitations of demand planning software ism
LIMITATIONS OF DEMAND PLANNING SOFTWARE
1. Failed to communicate with existing systems.
2. Could not analyze large amount of product info.
Accurately.
3. Demand application & its planner stored info. In varied
formats which created problems in smooth integration.
4. Due to heavy customerization& huge no. of products
software became very slow and became vulnerable to
crashes.
5. Software use statistical models like regression
which requires clean data but nike provides only
estmates of actual sales.
6. Software was based on assumption that what
was true yesterday will be true tommorrow.
MEASURES TO OVERCOME DEMAND FORCASTING
1. Nike should hold review meetings to discuss forcast that
turned out to be errorneous.
2. Nike should setup realistic goals.
3. Demand forcasting should only be used as a means for
decision making.
4. Make sure that it has right business model to make
forcasting useful.
5. Nike should try to do consensus planning rather than
demand planning.