It is a module of Infor’s Integrated Business Planning solution.
Infor has introduced the Infor Demand+ application, which has been designed to simplify and accelerate supply chain forecasting processes.
The new application is designed to provide a more comprehensive picture of future demand by combining forecasting methods used by manufacturers and distributors with social collaboration and more efficient workflows.
Infor Demand+ features an embedded Business Intelligence engine for supply chain analytics, scenarios, cloud, common planning structures, calendars, and master data management.
With the new application, supply chain planners will be able to use a decision-supporting analytics present at the core of every planning sheet, which will help them increase overall productivity with a more intuitive user experience design.
It is also capable of providing forecasts more accurately by using probabilistic forecasting methods.
Infor Demand+ is equipped with rich, pre-configured templates that support a faster, less costly implementation process, and its integration with Infor Ming.le facilitates multiple users to collaborate with external and internal stakeholders in the supply chain.
The application features industry standard key performance indicators (KPIs) including MAPE, bias, and absolute error, which gives planners a single point of plan assessment helping them better understand all aspects of aspects of performance and take corrective actions where needed.
Infor Product Management vice president John Bermudez said: "Staying on top of current supply and demand is a never ending cycle with manufacturers and distributors.
"Infor designed Infor Demand+ to help our customers better forecast their future needs.
"In-depth performance dashboards can be configured to fit different employees, departments and organisations."