ThoughtSpeed - Simplified procurement and logistics

Demand Planning / Budget Controls /
Stock Allocation

Forecasting demand for new product or promotional materials can be challenging and time-consuming, particularly if national or international in scope. Companies that use an historical or estimated demand approach often find they have costly excess stock.

The Demand Planner online service allows companies to rapidly engage their field force to build demand forecasts from the bottom up. These forecasts can be used for product planning and can also be converted into allocations that the field can use for ordering product when it becomes available. This approach yields more accurate forecasts, less capital invested in non-moveable stock and ensures that product is distributed where it can have the most impact as forecasts are built on direct customer demand.

Features include:
  • Simple browser interface for all user roles
  • Budget allocations through the organization hierarchy to the field, controlled by respective managers
  • Spend allocated to appropriate Account Code(s) in Financials
  • Multiple programs (groups of products or campaigns)
  • Time controlled bookings (defined start/end)
  • Exportable reports for use in other systems