demand management

Sarika_S
Tera Contributor

What is demand management ? 

what is 30-60-90 day plan in servicnow demand management

 

1 ACCEPTED SOLUTION

Adarsh3003
Giga Guru

Hi @Sarika_S ,

 

Demand Management

Demand management is a process that aligns an organization's resources with its customer demand. It involves forecasting demand, managing inventory, and optimizing production and delivery schedules to meet demand while minimizing costs and maximizing customer satisfaction.

 

*30-60-90 Day Plan in ServiceNow Demand Management


In ServiceNow Demand Management, a 30-60-90 day plan is a structured approach to setting up and implementing a demand management system. It consists of three phases:

 

*Phase 1 (30 Days):

*Assess Current State: Conduct an assessment of existing demand management practices, identify pain points, and define desired outcomes.
*Establish Metrics: Define key performance indicators (KPIs) to measure the success of the new system.
*Develop Demand Forecast: Create a forecast of future demand based on historical data and market trends.

 

*Phase 2 (60 Days):

*Configure ServiceNow Demand Management: Implement the ServiceNow Demand Management solution, configure settings, and integrate with other systems.
*Train Users: Provide training to stakeholders on the use and benefits of the new system.
*Establish Processes and Procedures: Develop processes and procedures for managing demand, forecasting, and inventory.

 

*Phase 3 (90 Days):
*Monitor and Measure: Track KPIs to monitor the performance of the demand management system and make adjustments as needed.
*Establish Continuous Improvement: Implement a process for ongoing improvement, including feedback gathering and system enhancements.
*Evaluate and Refine: Conduct a comprehensive evaluation of the system after 90 days and make necessary refinements to optimize its effectiveness.

 

 

If this is helpful for you, Please mark Helpful and Correct solution


Thanks & Regards
Adarsh Verma

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2 REPLIES 2

Adarsh3003
Giga Guru

Hi @Sarika_S ,

 

Demand Management

Demand management is a process that aligns an organization's resources with its customer demand. It involves forecasting demand, managing inventory, and optimizing production and delivery schedules to meet demand while minimizing costs and maximizing customer satisfaction.

 

*30-60-90 Day Plan in ServiceNow Demand Management


In ServiceNow Demand Management, a 30-60-90 day plan is a structured approach to setting up and implementing a demand management system. It consists of three phases:

 

*Phase 1 (30 Days):

*Assess Current State: Conduct an assessment of existing demand management practices, identify pain points, and define desired outcomes.
*Establish Metrics: Define key performance indicators (KPIs) to measure the success of the new system.
*Develop Demand Forecast: Create a forecast of future demand based on historical data and market trends.

 

*Phase 2 (60 Days):

*Configure ServiceNow Demand Management: Implement the ServiceNow Demand Management solution, configure settings, and integrate with other systems.
*Train Users: Provide training to stakeholders on the use and benefits of the new system.
*Establish Processes and Procedures: Develop processes and procedures for managing demand, forecasting, and inventory.

 

*Phase 3 (90 Days):
*Monitor and Measure: Track KPIs to monitor the performance of the demand management system and make adjustments as needed.
*Establish Continuous Improvement: Implement a process for ongoing improvement, including feedback gathering and system enhancements.
*Evaluate and Refine: Conduct a comprehensive evaluation of the system after 90 days and make necessary refinements to optimize its effectiveness.

 

 

If this is helpful for you, Please mark Helpful and Correct solution


Thanks & Regards
Adarsh Verma

Sarika_S
Tera Contributor

Thank you Adarsh. I tried to search this concepts  but didn't get any proper information. But this is helpful for me