Demand Profiling Pack (SDP/MDP)

One of the first things to do in developing a value stream or supply chain strategy, is to understand your demand patterns. This often entails enormous amounts of work to obtain demand data, sifting through all the fields you need or not, creating the right data subsets, and not even mentioning the effort required to create your Excel own worksheets and -books, with the key summary data and all the charts you would need to make to properly convey your messages to your team and your management.

At THE JIT COMPANY, we have been performing these kinds of data crunching and analysis tasks for years, and we have put all of our experience in two Excel-based applications, which you can now also purchase as a package. MDP or the Multi-Item Demand Profiler allows you to analyze the demand profile of a whole product portfolio over a longer period of time in all its aspects. With just one click, MDP will provide you with the common ABC-analysis and various visualizations thereof (bar chart, cumulative Pareto chart, and Mekko chart). It also instantaneously shows you Glenday's Sieve applied to your products. Furthermore, MDP will provide you with a clear view of overall demand variability over time (requested, promised, shipped) and its distribution, it will give you insight in demand frequency and regularity (using demand intervals) and provide you with a complete product portfolio characterization based upon variability (XYZ-analysis) and intervals, MDP visualizes requested, promised and actual lead times, and provides insight into your true on-time performance (percentage-wise and in terms of span).

The SDP application allows you to analyze the demand profile of a single item but in some more detail. With just one click, SDP will provide you with a clear view of demand variability over time and its statistical stability (using SPC), the demand distribution, insight in demand frequency and regularity over time (using demand intervals), the item’s historical takt time, the item’s position based upon variability and frequency classes, requested, promised and actual lead times for the item, and insight into your on-time performance (again percentage-wise and in terms of span).

These types of analyses used to take days to compile, but with THE JIT COMPANY's Multi-Item and Single-Item Demand Profiler (SDP and MDP) you will be able to do so in minutes.