oboloo Glossary

Customer Demand Planning

oboloo Glossary

Customer Demand Planning

Customer demand planning is a business process designed to anticipate and optimize customer demand. It involves forecasting, creating and managing customer orders, and meeting customer needs. By accurately predicting the demand for products and services, companies can better identify opportunities for growth, manage supply chain risks, and deliver the best quality of service to their customers. With the right planning strategies in place, businesses can maximize profits while providing customers with an outstanding buying experience.