A Demand Management process ensures that ICT spending is fully aligned with overall business strategy and objectives. Effective Demand Management guarantees that ICT spending is targeted in the most effective areas. Most ICT companies focus more on Supply Management than Demand Management. However, ICT availability is often cited as a primary reason for the delay or failure of business projects. A comprehensive Demand Management process at the outset of a project can help your business to avoid this critical problem.
Comprehensive Assessment
Demand Management involves a full assessment of the resources required to complete a project successfully. It is a comprehensive, evidence-based process that incorporates market intelligence and data from previous projects. A detailed timeline is designed to establish when resources will be required. All projects and expenditures are assessed against the overall strategy and priorities of the business. This helps to ensure that resources are being used as effectively as possible towards overall business objectives. The process also ensures that only viable projects with a strong return on investment will be initiated.
Matching Demand & Supply
Demand Management matches demand with supply. Viewing demand and supply management separately at the outset of a project will create complications and shortfalls later in the process. Making sure that supply and demand can be consistently aligned throughout a project ensures that the process will be effective and that the project is viable. Auxilion’s Demand Management service provides a comprehensive set of criteria by which projects can be prioritised. Resources can then be allocated accordingly. Completed projects are also assessed in detail to inform the Demand Management process for future projects.
Demand Management Process
A Demand Management process involves:
-Identifying demand and priority projects
-Assessing the feasibility of a project
-Assessing the resources required (cost, hours, personnel, etc.)
-Establishing a timeline, including when specific resources will be required
-Agreeing delivery expectations
-Resolving any conflicts or issues
-Proposing a delivery plan
Auxilion’s expert Demand Management support will help your business to complete projects efficiently, cost-effectively, and successfully.
