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Business owners must constantly make decisions in terms of supply and demand. Let’s consider certain illustrations. With a sudden rush for microwaves, a supplier stored heaps of them. But suddenly, the rush died down, and now he was left with a warehouse full of microwaves. He should have watched the demand carefully as it changes quickly.
In the case of Uber, when suddenly many people need a ride, the “surge” prices go up rapidly. On some days, they increase up to nine times the usual price. But the good news here is that there are other supply options available such as Lyft or Ola.
Businesses might have to create a demand too! People watch Apple launch because no one is sure what new products they will come out with. Along with listening to the demand, they turn up with products that customers didn’t even ask for. They utilize technology to create demand for new and innovative products.
Therefore, to plot the future of your business, it is paramount to understand supply and demand for planning your pricing, production, and marketing decisions.
Demand and supply basics for businesses
Supply and demand is a classical economic theory developed by Alfred Marshall in 1890. It explains the relationship between the sellers of a resource and the potential buyers for it. Supply refers to how much product a business can provide to the buyers and at what price. However, demand reduces with an increase in the price. This moves the business owner to find a sweet price spot for reaping maximum profit without harming the actual demand.
Along with the price, there are five other factors influenced by demand and supply that should be considered for thrusting a business into the limelight. So whether you are a small company, seasonal factory, vacation property for passive income, or a standard business entity, you must prepare for any scenario related to demand and supply. To help your business track and report multiple supply and demand conditions, we have also included our top 30 well-researched template designs, five for each influencing factor. Let’s check them out one by one.
1. Pricing
Supply and demand have an inevitable effect on the pricing of a product. A decrease in market demand forces a business to lower its product prices. However, a reduction in supply may cause prices to skyrocket. Therefore, a business owner needs to achieve equilibrium quantity and optimal pricing. A tricky task for sure! But to help you set your product price, we have pitched these well-devised templates.
Template 1
This template can be used to share a detailed projection of all estimated income and expenses based on the demand-supply forecast. Besides, you can also help your employees identify, monitor, and communicate the progress for the year. So download once and use it multiple times.
Download Strategic Demand Supply Annual Operating Plan
Template 2
Economists and companies can pick this template to analyze the relationship between supply and demand when making strategic product decisions. This template can be easily edited. Therefore, download it and allocate resources in the most cost-effective and efficient manner.
Download Impact Of Resources Supply And Demand On Decision Making
Template 3
It is paramount to match demand and supply because it directly affects a company’s profit. Therefore, it is critical to find an equilibrium point where the product’s demand is equal to the quantity supplied. Present the no surplus, no shortage situation to your employees using this invigorating template. Grab it right away!
Download Matching Demand And Supply PPT PowerPoint
Template 4
Determine an in-depth demand and supply diagnostic illustrating where you are as a company and where you wish to go. Pick this template and conduct a thorough evaluation of your existing supply chain performance. Download and utilize it as per your requirement.
Download Demand Supply Diagnostic Business Capabilities Templates
Template 5
A relationship between the quantity demanded/supplied and price in a given market can be displayed using this supply and demand curve template. So choose this well-crafted design and edit it using your company’s information. Download and present!
Download Law Of Supply And Demand Curve With Equilibrium State
2. Competitiveness
If a business loses its access to supply, it cannot satisfy customer needs and, therefore, risks seeing itself taken over by the competitors. A quick drop in demand provides an opening for the competitor to offer an alternative product to the customers and take the market share. A rival may also cut their prices to drive demand. Therefore, create a robust demand and supply strategy with these template designs.
Template 1
Forecast, plan, and manage the demand for products and services at macro and micro levels using this management template design. The same deck can also be used for planning the supply of a product or service. So download and take advantage of this design right away.
Download Demand Management Distribution Transport Supply Management
Template 2
According to market economy theory, the relationship between supply and demand balances at a point in the future called equilibrium price. Present the importance of this point and calculate the prices of your company’s goods and services. Download this flexible template and captivate your audience.
Download Equilibrium Point Of Supply And Demand Template
Template 3
Develop the skills and knowledge of your employees with this demand and supply training template. Help them understand the demand and supply theory to determine the threats and respond to them efficiently. Download and use it to smoothen the standard processes.
Download Organizational Training Supply Demand Customer Strategy
Template 4
One of the common mistakes that many manufacturers face across industries is effectively balancing demand and supply. You can download this template and highlight all the attributes that affect demand-supply in a business environment.
Download Balance Demand And Supply Template PowerPoint Templates
Template 5
Intellectual property affects commerce throughout the economy. Depict a relationship between the demand-supply condition and intellectual property rights with this visually appealing template. Download and create an organized presentation.
Download Demand Supply Condition Intellectual Property
3. Expansion
Greater demand for a product or service helps the organization grow its business and hire more employees to match the future requirement. Contrarily, oversupply and less demand force the organization to curtail staff and close factories. Therefore, maintain an appropriate balance for consistent and sustained expansion with these impressive templates.
Template 1
Forecast and prediction of demand and supply ensure that the products are effortlessly delivered, satisfying customer needs. Therefore, strike a balance of inventory, competition, and other factors with this supply-demand planning template.
Download Demand Management Supply Distribution Planning Collaboration
Template 2
Financial markets can be analyzed using the demand and supply theory. You can use this template to show that those who save money are on the financial market’s supply side, whereas those who borrow are on the demand side. So choose it and edit immediately.
Download Sales And Operation Showing Planning Demand Finance And Supply
Template 3
This is yet another example of a financial resource template. You can use it to explore the effect of price and non-price variables on the supply and demand curve. Our team of professional designers has created this template. So pick it right away.
Download Financial Resources Demand And Supply
Template 4
Planning gives you a logical understanding of demand and supply management. Create and share strategies for directing the supply and demand of your business with this template. Download it and edit as per your company information.
Download Strategic Direction For Demand And Supply Management
Template 5
Demand planning is all about analyzing the products that customers want at various instances. Supply planning is about managing the inventory to meet customer demand. Use this design and create a lucrative demand and supply planning process.
Download Sales And Operations Process Showing Demand And Supply Planning
4. Marketing
A good marketing campaign can win over a customer and create a desire for the product or service, thus causing demand to emerge out of nowhere. Here the company will have to create a supply to the demand. As a result, businesses need to create a relational loop between marketing and demand. Check out our templates to rack up your endeavors.
Template 1
Due to the increase in supply chain complexities, it has become difficult to sustain optimal inventory levels. Therefore, draft an inventory strategy with this template that strikes a constant balance between enough, not too little, and too much inventory.
Download Framework To Draft Inventory Strategy With Demand And Supply Factors
Template 2
Along with forecasting the human resource needs, this template design can also be used to forecast the impact of marketing on the demand and supply of a product. The template can be easily edited. Therefore, select it and get the right balance between demand and supply.
Download Future Workforce Demand And Supply Job Role PPT PowerPoint
Template 3
The price of healthcare facilities depends on various demand and supply factors. Discuss the key drivers affecting your business with this analytical template. Some elements are already mentioned in the slide. So download it and edit according to your requirement.
Download Key Demand And Supply Drivers Ambulatory Care Capabilities PPT PowerPoint Presentation Tips
Template 4
The demand and supply forecasting template can be used to project the future number, characteristics, and trends of your target market. Therefore, download this design and share the predictions with your team members.
Download Supply Demand Forecasting PowerPoint Template
Template 5
This is yet another template depicting the impact of market forces on supply and demand of an organization. Analysts can use this template to create a dynamic business integration model. So grab it without any delay!
Download Market Forces Supply Demand PPT PowerPoint Templates
5. Financing
Strong supply and demand increase the attractiveness of a business for its investors, prompting banks and lenders to offer their financial assistance for expanding the business in exchange for grubstake in the company. On the other hand, a lack of demand for a product will force the company to attract outside investment. Secure successful financing to help your company boost demand and build a stronger supply chain by incorporating these well-constructed templates.
Template 1
This is yet another supply and demand equilibrium graphic that any organization can present. Balance your quantity demanded and supplied with the smart art included in the template. Download and promptly add to your presentation.
Download Resources Supply And Demand Equilibrium Graph
Template 2
Getting shorter lead times from the supplier is challenging yet desirable. Longer lead times result in higher in-transit and on-hand inventory, affecting the budget set. Show the relationship between longer lead times and supply chain with this impact template.
Download Lead Time Impact Of Supply And Demand Templates
Template 3
This template includes the external and internal factors that influence the supply-demand conditions of a business. You can include factors such as finance, economy, competitors, customers, and more. Besides, it is easy to edit. Therefore, download it and get inspired.
Download External And Internal Business Impact Of Resources Supply And Demand
Template 4
This template illustrates a supply-demand financial planning process. Therefore, put it to use for meeting your customer demand. Download this design to consistently deliver a positive customer experience by maintaining demand and supply.
Download Customer Demand Management Model With Financial And Supply Planning
Template 5
Business owners consider a number of factors before deciding the number of goods or services they should produce or sell. The template highlights decisions such as marketplace, resource supply, resource demand, and cost of resources. So download it and make worthy decisions.
Download Supply And Demand Of Resources Affect on Companies Decisions templates
6. Inventory
Inventory is a challenge for all organizations dealing with a physical product. Supply and demand massively influence the profit margins. Oversupply and low demand result in high inventory costs, while undersupply and high demand cause a business to run out of products. This breaks the customers’ trust and interest. However, you can resort to these templates and pitch a thriving supply and demand forecast.
Template 1
The transformation of supply and demand can benefit the global economy in the long run. Pick this template to discover technologies that allow business firms to produce at lower costs. Download it to reduce the cost of production.
Download Technology Transformations Affecting Supply And Demand For Natural Resource Templates
Template 2
This is yet another business financial decision template that includes 12 well-researched slides. The template comes with a host of features, of which flexibility tops the list. So without further ado, select this creative bundle.
Download Resource Supply And Demand Economic Business Financial Decisions Cost
Template 3
This template will help you conduct an analysis of relevant, actionable, and previously unrealized reality about the target market. Therefore, choose it and create insight for the seller and companies in need of innovation.
Download Market Insight Supply Demand Regulatory Technology
Template 4
Establish a relationship among cost, demand, labor, material, business, and supply with this innovative template. You can easily download this slide and edit it without any hassle. So download and use it to your benefit.
Download Cost Increase Demand Labour Material Business Supply Templates
Template 5
Pick this design to secure and optimize the talent supply and services through all input channels. Download it and meet the human capital needs of your organization. Besides, you can also achieve your set strategic objectives with this template.
Download Talent Supply Demand Leadership Skills Training Templates
Many CEOs are caught up in the thick of putting out daily chores and do not carve out time to plan their business growth. But if you are a CEO too, ask yourself - What factors affect demand in your business? What is the potential turmoil to supply? How can better plans be created to thrive in stormy situations? So take some time and plot a new path for your business. Our invigorating templates will surely help you in this preparation.
PS: To know how our gap analysis templates can help you improve your business performance, click here.
