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The Next Generation of Demand Management Technology
With digitalization there is a need to refocus on new demand management technology that utilizes advanced analytics including artificial Intelligence/machine Learning and takes advantage of cloud based open source technology. The next generation of demand management technology will form part of an analytically driven demand planning and forecasting process that provides a platform for business users and data scientists to predict and plan for demand across all time horizons including daily, weekly, monthly and beyond. This will connect all business functions in realtime, enhancing the accuracy of statistical forecasts and the value of demand plans.