Planning

Operational plans are cross-functional and must accommodate conflicting priorities. Visibility is only part of the solution. The bigger challenge is inter-departmental optimization. Complex processes that change often and a very uncertain business environment add to the difficulty. OpsVeda continuously assesses the realness of plans by evaluating forecasted demand as well as the ability of planned supply to service the demand. Potential forecast problems and supply-demand misalignments are detected early, and stakeholders are alerted. In many cases preventive or corrective actions are also prescribed.

Solution Coverage

Merchandise Planning

With OpsVeda, build and update plans by leveraging historic sales mix at all levels – channel, brand, store SKU, style, size and other attributes. Monitor continuously against plan at all levels and receive proactive alerts for deviations in sales or inventory mix

Scenario Planning

Use OpsVeda to test your plans for a wide range of scenarios with different values for each parameter. Validate impact on financials, inventory, service levels and other KRAs

Parameter Calibration

Parameters like lead-times, fill-rate thresholds, and MOQ are rarely reviewed through plans are based on them. OpsVeda leverages machine learning to discover patterns around various planning parameters and prescribe changes or more granular estimations

Clear to Buy

Keep track of traction during events, feedback on samples, and customer commitments. Use OpsVeda to turn these field data to plans and buying requests with workflows for management approval

Forecast Accuracy

Fix demand plans by continuously monitoring forecasts against actual performance. OpsVeda assesses the forecast based on historical accuracy, M-o-M and Y-o-Y growth projections vs. actual growth in the previous months. It can also factor in social media chatter, and online price fluctuations to assess possibility of deviations from forecasts

Actions Enabled

planning

Benefits

Revenue

upto

02%

Revenue
guidance
accuracy

upto

20%

COGS

upto

03%

Inventory

upto

05%

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