Demand management begins with an in-depth perception of existing business requirements, historical buying behavior and expected requirement for the service or product sourced by an organization. This research includes an assessment of purchase orders, service or product specifications and strategic business plans
Demand management helps streamline purchasing techniques. When applying demand management, key considerations include:
  • Available options for volume discounts
  • Order timing's impact on pricing
  • Whether or not the best suppliers are being utilized
  • Precise attention to described contract processes
(Source-Techipedia)

 Important Key point to Demand Management:-

 1. Reshaping relationships with channel partners to ensure accurate demand forecasts.

 2. Basing inventory allocations on real-time demand forecasts that incorporate information from all channels—both direct and indirect.

 3.Ensuring that your own house is in order.

 4. Ensuring the presence of accurate intelligence along with collaboration and automation.

 5. Choosing demand management applications that address the unique challenges faced by the specific business.