What are the first two activities a planner should perform for demand sensing?

The first two activities a planner should perform for demand sensing are to select and identify. This is foundational for effectively understanding and responding to demand patterns in real-time.

The selection process involves choosing the right set of data, which may include historical sales data, market trends, and other relevant information that influence demand. This selection is crucial because it lays the groundwork for accurate demand sensing.

Identifying refers to pinpointing the specific segments, products, or customer behaviors that warrant attention based on the selected data. By recognizing these parameters, planners can focus their efforts on the most relevant factors that will impact demand forecasting.

Engaging in these initial steps allows for a more systematic and informed approach to demand sensing. Without properly selecting and identifying pertinent data and segments, the subsequent actions taken, such as analysis or adjustments, may lack the necessary context to be effective.