Third-Party Planning— A Revolution for the Field?

Mature demand planning is a complex affair and difficult to achieve for even the most well-resourced organizations. One emerging solution to this challenge is outsourced demand planning, known as Third- Party Planning, that can handle one or more planning activities. Companies can rely on such providers to generate forecasts, develop materials for Consensus meetings, provide performance metric and give advice on how to improve. This article reveals how such providers fill a crucial skills gap, allowing companies to level up their planning capabilities in a flexible way that meets their specific requirements.