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What is Demand Planning?

Demand planning is the process of forecasting or predicting the demand for products to ensure they can be delivered and satisfy customers. The goal is to keep a balance between having sufficient inventory levels and meeting customer needs without having a surplus. Keeping up with the demand trends is critical for businesses because failing to do so can result in excess stock lying unsold on the shelves or loss of customers due to lack of stock.

Benefits of demand planning for supply chain businesses

  • Helps in keeping the right levels of inventory across multiple distribution centers
  • Improves dispatch scheduling and permanent journey planning
  • Enables better and well-informed supply chain decision-making
  • Reduces inventory handling and storage costs
  • Keeps customers satisfied by ensuring the availability of products that are in demand

How Locus helps businesses with dynamic route planning

Supply chain consulting | Supply chain network optimization | Sales beat planning | Analytics and insights

Related Resources

Smart logistics solutions are ‘in demand’ for on-demand services
Smart logistics solutions are ‘in demand’ for on-demand services
How Customer Expectations are Redefining B2B Logistics Businesses in 2021
How Customer Expectations are Redefining B2B Logistics Businesses in 2021
How has the on-demand industry coped with the pandemic?
How has the on-demand industry coped with the pandemic?
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Streamline your operations now!

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Schedule a meeting with Locus

How can Locus help manage your logistics?

  • Locus’ proprietary geocoding engine converts the fuzziest of the addresses into precise geographical coordinates thereby helping your on-ground executives locate addresses easily.
  • Digitize all your operational variables such as fleets, delivery persons etc. to come up with the best route plan every day.
  • Track your orders in real-time with the Locus Live Dashboard. Locus’ last-mile delivery app Locus On The Road (LOTR) helps delivery partners process orders.
  • Visualize and tweak your scheduled plans via three key metrics— geography, time, & vehicle (fleet)—with a birds-eye view of your entire operations.
  • Build your own reports and analyze important parameters that you need to make key decisions.

Join Industry Leaders:

43m+ miles

Reduction in distance traveled

18m+ tons

Reduction in GHG emissions

$200 m

Savings in logistics costs
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