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2:36 min
View Full Video Script
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Is demand planning driving you crazy? You're not the only one.
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This job is more complex and more important than ever thanks to frequent supply
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chain disruptions, changing customer sentiment and new technologies like AI.
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That's why over 2,000 leading global organizations turn to the Board Intelligent
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Planning Platform.
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And that's why I'm here with a short demo of how Board solutions can help you
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and your business plan smarter.
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Let's say I'm on the sales and operations planning team at PenCo,
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a leading producer of, you guessed it, pens. And as demand planner extraordinaire,
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I need to see the future to understand which factors impact product, supply,
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production costs, and demand, and to play out scenarios.
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This helps PenCo make informed decisions, to sell more pens, and to do better
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business. Now, this used to take days. With Board Intelligent Planning,
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I can do it all in minutes. Let me show you how.
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Here's my demand planning dashboard. Hey,
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looks like our flagship ballpoint pens had a pretty significant demand spike in
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June. Let's take a closer look. This calls for some scenario planning.
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Let's model our sales price and sales volume uplift and explore margin
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opportunities.
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I bet my leadership team will be thrilled to make a proactive data-driven
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decision now. So let's consider three scenarios. First,
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we have a safe one, passing some cost increase onto customers with a 3% price
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hike, netting us an 8% sales uplift.
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Then there's a middle road which passes all of the increased cost onto our
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customers, but nets a smaller 7% increase. And finally,
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there's the bold approach,
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which absorbs all the increased cost and boosts sales by 20%.
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But how do we know which option is best for the business? Time for a showdown.
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Let's compare the impact on volume, revenue, and net margin for each scenario.
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I can even adjust the phasing of the uplift over time to represent the expected
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market response to price changes. There we go.
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Comparing scenarios side by side,
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we now have a data-driven forecast that supports the middle road, generating the
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biggest margin.
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I can't wait to share this recommendation with the sales and operations leadership
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team. Now that's just the beginning. With Board,
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I can drill down by product, region, customer,
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and more to address planning challenges across our business,
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eliminating guesswork and countless hours of manual work and lost opportunity.
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Visit board.com to learn more and talk to an expert about the power of
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Intelligent Planning.