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What procedures can I follow in order to predict demand for my product so I can manufacture and produce accordingly?

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تاريخ النشر: 2016/12/22
Muhammed Mustafa khan
من قبل Muhammed Mustafa khan , Manager Operations & Business Development , Sedres Trading & Maritime Services Co.

1. Review sales history and past forecast performance.

2. Generate unconstrained base volume forecast.

3. Review and understand demand shaping events.

4. Fine tune forecast to reflect events, constraints and priorities.

5.Compare with business plan and identify risk and opportunities.

6.Finalize forecast to support performance management.

7.Focus on managing quality of input data and next cycle.

Dilawar Ali
من قبل Dilawar Ali , Procurement Management , Foodie Brands & Ikcon

hi , Make your list of customer and check their monthly demand . make a buffer also as per season demand to avoid shortage . enjoy the business then

 

Nikhil Lodaya
من قبل Nikhil Lodaya , Executive Export , PRIYA GLOBAL

1. You should know what you are selling, whats your target audience (B2B or B2C). 

2. If your selling wide range of products you should bifurcate as which product is making hit..

3. If your product is trendy and latest and if its is hitting the market then you can predict.  

Mohammed Sibgathullah Shareef
من قبل Mohammed Sibgathullah Shareef , Business Support Specialist , Draeger Arabia Co. Ltd.

Market research the demand by understanding competitors sales volume.

Hany Abdien
من قبل Hany Abdien , Cost Controller/ Cost Engineer , Nissan Motor Egypt

1) Market research the demand by understanding competitors sales volume.

2) Research competitors' product value vs. your product.

3) Define price positioning and price elasticity vs. competitors.

4) Define your desired market share, and based on it, your volume can be calculated.

salah chaouachi
من قبل salah chaouachi , مسؤول لوجستي , شركة كسكاس للنجارة

To predict the demand for a product, it is necessary to analyze the sales history in the first place and the potential impact of the improvements and developments carried out on this product.

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