What is the responsibility of the IBP for Demand module?

The responsibility of the IBP for Demand module is focused on capturing and analyzing demand data for forecasting. This module plays a crucial role in understanding customer needs, market trends, and sales patterns, which are vital for making informed business decisions. By analyzing historical sales data, market intelligence, and other relevant inputs, the Demand module generates reliable demand forecasts that help organizations align supply and production plans with anticipated market demand. This ensures that companies can meet customer needs effectively while optimizing inventory levels and reducing excess stock.

Other functions, such as automating production scheduling, managing inventory levels, or handling supplier negotiations, fall under different modules like production planning or supply chain management, which highlight the specific focus of the IBP for Demand module on demand forecasting and analysis.