Elementum

SEPTEMBER 6, 2022

Accurate planning, what-if scenario forecasting, and an awareness of alternative materials are all tactics that can contribute to identifying a satisfactory outcome to supply chain challenges. With a growing requirement for raw materials and consumer goods, insufficient shipping capacity exacerbated cost increases.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 78

Unleashed

FEBRUARY 1, 2023

In this article, we do a deep dive into demand planning and look at what steps, strategies and KPIs can be used to develop best-practice demand planning and forecasting. However, ensuring demand forecasts are as accurate as possible creates huge benefits for your business. The demand forecasts can then be refined.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Vecco International

FEBRUARY 4, 2024

Large global consumer goods companies with a combination of internal manufacturing and outsourcing must effectively predict demand and manage complex multi-national supply chain networks to ensure on-time in full delivery to their retail customers such as WalMart, CostCo, Amazon, QVC.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

Supply Chain Shaman

JUNE 30, 2018

Companies with the lower score on the Index are driving faster rates of metrics improvement. Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)).

Supply Chain Design Software 163

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 163

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. In the OnDemand platform, some brands can also access a Supply Chain Scorecard that shows metrics including Days of Supply and Days of Supply Goal.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

AUGUST 26, 2015

As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. The supply chain needs to respond to market demand and consumer sentiment. Instead, we forecast using traditional methods: we do not sense markets.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Supply Chain Shaman

SEPTEMBER 3, 2015

Before the benchmarking work, I believed that companies that were better forecasters would be better at inventory management. Most companies are not measuring and adapting with volatility.Analyzing forecastability of the item portfolio is a good starting place. Forecast Consumption Logic is an Opportunity for All.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

NOVEMBER 29, 2015

Market-Driven Forecasting: Historically, the use of linear optimization and genetic algorithms to sense future trends from order and shipment patterns and predict the future defined forecasting. The tactical processes of forecasting in this conventional analysis cannot sense markets fast enough to slow or speed up processes.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

ShipBob

FEBRUARY 26, 2024

This is where collaborative planning, forecasting, and replenishment (CPFR) comes in. What is collaborative planning, forecasting, and replenishment (CPFR)? Collaborative planning, forecasting, and replenishment (CPFR) is the method of coordinating various supply chain tasks between multiple parties (i.e., Let’s get started.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Logistics Viewpoints

JUNE 26, 2023

Mars is one of the largest fast moving consumer goods companies in the world. Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Logility

JANUARY 22, 2014

This blog post is in response to recent results from the APICS/Logility Survey, Consumer Goods S&OP research, and ChainLink’s end-user research. I am not alone in the opinion ( see Red Wing Shoe Company webcast, Are Spreadsheets Sabotaging Your Forecast ) that spreadsheets may not be the path to supply chain success.

Demand Planning Software 101

Demand Planning Software Supply and Demand Supply Chain Planning Software Demand Management 101

E2open

OCTOBER 13, 2016

To answer these questions, this year’s E2open Forecasting Benchmark Study looked at the impact of planned workload on productivity and whether technology using real-time data, algorithms and automation can substantially raise it. Consumer Goods. Forecasting. Sounds great but is this hype or reality? million SKUs.

Expense Reduction 60

Expense Reduction Cost Reduction Strategies Resource Reduction Supply and Demand 60

E2open

OCTOBER 13, 2016

To answer these questions, this year’s E2open Forecasting Benchmark Study looked at the impact of planner workload on productivity and whether technology using real-time data, algorithms and automation can substantially raise it. Consumer Goods. Forecasting. Sounds great but is this hype or reality? million SKUs.

Expense Reduction 60

Expense Reduction Cost Reduction Strategies Resource Reduction Supply and Demand 60

E2open

MARCH 1, 2018

Traditionally, data from Walmart and other retailers has been used by account teams to confirm the achievement of metrics and service-level agreements (SLAs), cross-check penalties computed by retailers and identify root causes of shortfalls such as inadequate supply, insufficient forecasts, or warehouse or transportation delays.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

E2open

MARCH 1, 2018

Traditionally, data from Walmart and other retailers has been used by account teams to confirm the achievement of metrics and service-level agreements (SLAs), cross-check penalties computed by retailers and identify root causes of shortfalls such as inadequate supply, insufficient forecasts, or warehouse or transportation delays.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

E2open

NOVEMBER 30, 2017

All you need to start sensing demand are three inputs – your demand planning forecast, orders, and shipments.Conveniently, these all reside in your internal systems. More than three-quarters of demand sensing implementations use just use these three internal signals and on average they achieve a 40% reduction in forecast error.

Supply and Demand 60

Supply and Demand Demand Planning Software Modeling Forecasting 60

Alloy

AUGUST 6, 2019

Read on for the top metrics you should watch to evaluate whether you sunk or soared this Prime Day, and prepare your team for the next major shopping holiday. An important related metric is the conversion rate from page views to sales. Forecast Accuracy Now that all the actuals are in, how did you perform compared to your forecast?

Forecasting 40

Forecasting Procurement Analytics Inventory Reduction Alloy 40

Unleashed

NOVEMBER 15, 2021

Then back-end systems pair tailored financial products and services to the customer based on those metrics. Using product usage data, careful forecasts and/or knowledge of customer preferences, the manufacturer customises its product for the individual customer. You must be able to forecast demand as accurately as possible.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

BlueYonder

APRIL 5, 2017

At its core, demand planning is the function of producing the demand plan, e.g. the operational sales forecast that drives manufacturing and/or the replenishment of product into a store or warehouse. The science applies forecast algorithms to historical sales and causal factors to generate a starting point to the forecast.

Supply and Demand 57

Supply and Demand Demand Planning Groups Supply Chain Planning Software 57

Alloy

AUGUST 20, 2019

But out of that weekly or daily data deluge, what are the crucial metrics? This metric is the best indicator of true demand because it measures when an end consumer actually buys a product, not just when a retailer places an orders, or sell-in. And how do they inform better strategy and execution moving forward?

Negotiate Pricing 40

Negotiate Pricing Negotiating Skills Alloy Price Reduction 40

E2open

JANUARY 20, 2017

First, the business was still very much driven by inaccurate forecasts and, in a market as dynamic as consumer electronics, demand changes far too rapidly to drive a supply chain with outdated and inaccurate forecasts. Consumer Electronics. Consumer Goods. Forecasting. Demand-driven.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 60

Logistics Viewpoints

OCTOBER 4, 2021

And how can consumer goods companies learn from their performance in this pandemic to prepare for the future? A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. Benchmarking the forecasting process is difficult.

Inventory Reduction 221

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 221

Logility

JULY 20, 2023

Good forecasting leads to good demand planning —and good demand planning means better profitability. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.

Supply and Demand 187

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 187

E2open

MARCH 17, 2017

Orchestro’s data, visibility and analytics solutions strategically complement E2open Demand Sensing and have enabled a truly demand-driven supply chain for many leading consumer goods companies. Consumer Goods. Forecasting. Users need tools at the "Speed of thought, not speed of vendor". Demand-driven.

Analytics Software 60

Analytics Software Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 60

E2open

MARCH 17, 2017

Orchestro’s data, visibility and analytics solutions strategically complement E2open Demand Sensing and have enabled a truly demand-driven supply chain for many leading consumer goods companies. Consumer Goods. Forecasting. Users need tools at the "Speed of thought, not speed of vendor". Demand-driven.

Analytics Software 60

Analytics Software Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 60

BlueYonder

APRIL 5, 2017

At its core, demand planning is the function of producing the demand plan, e.g. the operational sales forecast that drives manufacturing and/or the replenishment of product into a store or warehouse. The science applies forecast algorithms to historical sales and causal factors to generate a starting point to the forecast.

Supply and Demand 40

Supply and Demand Demand Planning Groups Supply Chain Planning Software 40

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The team was not calibrated on the role of forecasting and the basics around process excellence. What Is a Forecast Anyway? A forecast is not a forecast.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Supply Chain Shaman

OCTOBER 25, 2015

Educate the Financial Team on How to Use the S&OP Process in Budget Forecasting. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is working on her third book, Leadership Matters. Make it a priority to train employees on data storage and retrieval. Figure 2. S&OP Challenges.

S&OP 150

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 150

ToolsGroup

DECEMBER 21, 2015

Since there will be a week off between posts, we wanted to forgo the fluff in most year-end blogs and leave you with a deep philosophical thought to ponder while on your holiday break, and it’s this: Maybe you are doing your demand forecasting completely wrong. And the impact is that you may not be getting the forecast accuracy you want.

Forecasting 120

Forecasting Forecasting Software Demand Planning Software Supply and Demand 120

Supply Chain Shaman

FEBRUARY 12, 2017

Previously I worked at Nestle, and I want to start by recognizing that pharmaceutical companies have different supply chain maturity levels compared to companies in the fast-moving consumer goods industry. We are not as mature as CPG or Food/Beverage.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Supply Chain Network

MAY 27, 2017

Over the past 30 years I’ve been witness to the development and use of a number of methodologies intended to improve operations, planning, service and costs in the Consumer Goods and Retail supply chains.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Planning Forecasting Software Scenario Planning 60

Supply Chain Game Changer

MAY 18, 2021

The risk of extended Supply Chain disruption due to impacts to nature is significantly impacted in these industries: chemicals and materials; aviation, travel and tourism; real estate; mining and metals; supply chain and transport; and retail, consumer goods and lifestyle. Think about plastics in the Ocean for instance.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Software 64

Alloy

JANUARY 2, 2019

Lesson Two: Focus on the End-Consumer When you’re used to selling in bulk orders to retailers, it’s easy to become fixated on wholesale metrics, like sell-in and OTIF. However, digital-native brands are quick to remember that, ultimately, it’s the end-consumer who matters most.

Demand Planning Software 40

Demand Planning Software Supply Chain Planning Software Modeling Software Optimization Software 40

Supply Chain Trend

OCTOBER 31, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. Also, building in S&OP process metrics, not just business operating metrics is critical to success. How is the S&OP process performing?

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

Supply Chain Shaman

NOVEMBER 22, 2015

Forecast Accuracy. A contract manufacturer shares discount pricing based on forecast accuracy of the customer. Forecast accuracy, and compliance to the projected order pulls is the basis for pricing. For example, use customer forecasts only when you understand the error and bias. Shipping Standards. What do I mean?

Supply Chain Design Software 135

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 135

Supply Chain Shaman

OCTOBER 20, 2012

We are trying to understand how supply chain leaders have raised the bar at the intersection of these four sets of metrics on the supply chain effective frontier. I also believe that it is because the organization is not incented to manage cash-to-cash metrics. The results have been eye-opening. We hope to see you there!

Inventory Reduction 262

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 262

Alloy

MAY 8, 2019

And without the ability to closely monitor inventory metrics and pinpoint the root cause of the problem, whether it’s specific products, stores, geographies, or retailers, it’s hard to do anything about it. We know there are options when it comes to retail analytics and forecasting, but Alloy’s customers tend to think it’s something special.

Alloy 40

Alloy Analytics Software Inventory Management Software Forecasting Software 40