Demand Analysis
Devise frameworks to assess market dynamics and execute analyses to uncover demand outlook of products or services
Type
Functional
Competency Area
Business and Project Management
Levels
Assess demand outlook
Analyse demand and supply patterns to present demand and supply analysis findings
Analyse products to determine their characteristics and business viabilities
Analyse target markets of products to define its characteristics and impact on demand and supply
Utilise competition analysis to anticipate demand and supply for products
Assess the desirability and practicality of ongoing market development and undertake market development activities
Facilitate demand and supply needs analysis activities
Guide data or insights for demand and supply analysis
Review and provide additional insights for demand and supply analysis reports before submitting for endorsement
Evaluate findings or reports of market trends and industry development on impact on business strategies or business operations strategies
Utilise research tools, methodologies or related tools for getting inputs or data
Identify opportunities to influence the market
Define demand and supply analysis framework appropriate for organisation's demand analysis
Provide leadership, guidance and support in developing framework for data collection, assessing, understanding and integrating primary quantitative and qualitative data
Ensure effective planning, execution, utilisation and budgeting of research efforts
Establish procedures and guidelines for conducting demand and supply analysis
Establish research tools, methodologies or related tools for getting inputs or data
Establish criteria of evaluation for analysing demand and supply outlook of products