QAD

SEPTEMBER 12, 2023

According to Michigan State University , “demand planning is a supply chain management process of forecasting, or predicting, the demand for products to ensure they can be delivered and satisfy customers. Should demand planning be placed under supply chain management, sales, or finance?

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Supply and Demand Demand Planning Supply Chain Planning Scenario Planning 94

ThroughPut

APRIL 20, 2023

Supply chain planning that is purely based on forecasts is no longer relevant in today’s fast-paced market. Just as we step out of the post-covid impact, the need of the hour is holistic demand planning which can drive results in today’s dynamic and ever-changing business environment. The answer lies in demand sensing.

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

ToolsGroup

FEBRUARY 28, 2023

At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supply chain challenges. That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supply chains a force for good in the world.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

ToolsGroup

FEBRUARY 19, 2020

“Good old supply chain. said no VP of supply chain ever. . We’ve created quite a monster with all the sophisticated tools we use to influence demand with pricing, new product introductions and promotions. As businesses use more “levers” to influence demand, demand variability grows. What is Demand Sensing? .

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Supply and Demand Modeling Demand Planning Software Optimal Sourcing 218

Logility

JUNE 15, 2021

Food and beverage companies can use demand sensing to predict sudden market trends and prepare for actual supply needs. Demand fluctuations dominate the food and beverage (F&B) industry. In this instance, time, money and resources are wasted trying to sell perishable goods that do not align with consumer demand.

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Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

Logistics Viewpoints

JULY 22, 2021

While the terminology evolved, the underlying thesis of S&OP has stayed the same, i.e., bridge the divide between sales forecasts and operational plans while respecting the budget. Then the process was put to test in recent times, as increasing demand and supply side shocks caught companies flatfooted.

S&OP 247

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 247

ThroughPut

MARCH 24, 2024

Earlier in the day, demand planning was a guessing game that relied more on intuition, instinct, and inclination. Companies that leveraged the data they collected to enable more accurate demand planning, distinguished themselves from their competitors. Why do you Need Modern Demand Sensing to Solve Modern Problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

ToolsGroup

APRIL 25, 2019

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. Data Variety The more different types of data sources you factor in (e.g.

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Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

BlueYonder

DECEMBER 4, 2023

In the rapidly evolving landscape of supply chain management, precision, agility, and resilience are the keys to success. A recent survey of demand planners’ concerns and day-to-day experiences sheds light on the challenges faced by planning teams today and highlights the pressing need for innovative solutions to solve for them.

Supply and Demand 83

Supply and Demand Modeling Supply Chain Planning Software Scenario Planning 83

ThroughPut

DECEMBER 5, 2023

Keeping up with demand and market trends challenges most supply chain operators. Accurately forecasting sales with fluctuating demand cycles is difficult to achieve, and yes, there’s a direct impact: the less accurate the sales forecast, the less precise the stocking levels. Let’s start with the definition.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. The activity is designed to challenge new thinking–to rethink demand as a flow, to identify rocks (barriers), and define process latency (the time to make a decision). Drawings from Two Very Different Businesses Portraying the River of Demand. Mistake #3.

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S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. Let’s start the beginning. What is supply chain resilience?

Supply Chain Design Software 345

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 345

Unleashed

FEBRUARY 1, 2023

The onset of COVID and the rapidly changing environment of a pandemic-hit world has meant demand planning has become more difficult – and as a result, more critical – than ever. What is demand planning? Demand planning is the process of predicting what customer demand will be for a certain product.

Supply and Demand 52

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

ThroughPut

APRIL 20, 2023

The supply chain world can now be easily categorized into phases – Pre-covid and Post-covid. Chief Supply Chain Officers (CSCOs) today have to deal with a new set of challenges including supplier unpredictability, ambiguous and missing historical data, inventory disruptions, supply and demand imbalances, to name a few.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Procurement Solutions 52

ToolsGroup

AUGUST 8, 2017

Source: Supply Chain Insights, “The Power of Downstream Data”, July 2017. POS data helps sense and respond to localized demand. The blue bars represent historic average order demand profiles, while the colored lines represent regional POS demand patterns.

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Supply and Demand Data Forecasting Supply Chain Planning 174

Logility

MAY 26, 2022

Key Takeaways: • Supply chain volatility is expected to continue and plague some sectors until 2024. Demand constraints create financial risks as well as environmental problems. • 25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. Supply and demand.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

ThroughPut

MAY 27, 2022

Demand planners have to be ready to adapt instantaneously or risk losing their market position – or, worse, market share. Therefore, there is a need for real-time planning that not only offers a clear line of sight into all relevant internal and external influencers of demand, but also helps anticipate and drive it.

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Supply and Demand Supply Chain Planning Software Demand Planning Software Real-time Visibility 75

Supply Chain Shaman

SEPTEMBER 10, 2020

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. During this pandemic, sensing market changes, using data, and driving decisions at the speed of business matters more than ever. Tarif issues on Canadian spruce lumber complicate the surge in demand for the building surge.

Supply Chain Planning Software 438

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 438

Supply Chain Shaman

FEBRUARY 26, 2024

The layers of the outside-in process surround the traditional supply chain planning applications shown in blue. Outside-in Planning Taxonomy 2. It might seem unlikely, but the American Red Cross is a leader in defining a market-driven supply chain using outside-in signals. If not, let’s pack more hamburger.

Modeling 215

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 215

The Logistics of Logistics

OCTOBER 30, 2023

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. acquired by SAP).

Optimal Sourcing 242

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 242

Supply Chain Shaman

FEBRUARY 16, 2024

Great to conceptualize potential use cases, but not today’s reality. We have this today in most supply chain planning solutions. I don’t think that the answer is faster planning or better engines. The problem with supply chain planning is that it is, by definition, not repetitive work.

Supply Chain Planning Software 408

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 408

ThroughPut

NOVEMBER 18, 2022

Around 69% of companies do not have complete visibility of their supply chains or that 46% of small businesses don’t track their inventory or don’t have an automated method to track it? If the COVID-19 pandemic has taught us anything, it’s the volatility of the market and how the demand dynamics can change almost overnight.

Supply and Demand 52

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

Supply Chain Shaman

MAY 26, 2023

The basic frame of supply chain planning–functional taxonomies for optimization on a relational database–must be redesigned before supply chain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). Let’s start with a basic definition.

Optimal Sourcing 362

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 362

Supply Chain Shaman

JUNE 9, 2023

In Figure 1, I share a supply chain planning taxonomy or what I lovingly term an old-fashioned jalopy. Few companies design their supply chains (research data shows that 9% of companies actively design their supply chains), and few planning systems actively analyze and drive answers to the questions: Do I have a good plan?

Optimal Sourcing 336

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 336

DynaSys

AUGUST 19, 2021

You’ve decided to implement a demand plan and now it’s time to outline roles and responsibilities. Demand planning bridges the function between commerce and supply chain, so the question of roles and responsibilities isn’t a surprising one. Firstly, a demand planner should have a view of the inventor flow.

Supply and Demand 52

Supply and Demand Demand Planning Modeling Supply Chain Planning 52

Logility

AUGUST 5, 2021

From shifts in consumer demand to new regulations and disruption in market dynamics and supply networks, food and beverage (F&B) industry executives have always had many reasons to stay alert. But lately, a new set of supply chain challenges is making everyone more concerned that their business could fall behind overnight.

S&OP 130

S&OP Supply and Demand Beverage Optimal Sourcing 130

QAD

APRIL 10, 2024

In today’s era of digital transformation, technology is imperative to mitigate the bullwhip effect within the supply chain. The bullwhip effect illustrates how minor shifts in consumer demand for a product magnify upstream in the supply chain. What do forecast stats help demand planners do?

Optimal Sourcing 52

Optimal Sourcing Forecasting Supply and Demand Forecasting Software 52

Supply Chain Shaman

APRIL 15, 2020

My last post on the Supply Chain Shaman blog was forty-five days ago. My first focus was on China sourcing. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. As we moved into our new roles, for all supply chains, demand shifted.

Supply Chain Planning Software 459

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 459

DynaSys

JULY 29, 2021

When deciding to strengthen your supply chain infrastructure, the question of roles and responsibilities of demand planning arises. Should demand planning be placed under supply chain management, sales, or finance? Demand planning is a bridging function between commerce and supply chain.

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Supply and Demand Demand Planning Supply Chain Planning Scenario Planning 52

Kinaxis

AUGUST 2, 2016

by Alexa Cheater Struggling with the reality of not being able to easily consolidate data, global telecommunications company Sonus Networks was dealing with delays in understanding the impact of changes to its supply chain plans. The result was difficulty in meeting customer demand in a timely and efficient manner.

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Supply and Demand Inventory Reduction Demand Planning Supply Chain Planning Software 100

Alloy

DECEMBER 13, 2022

Alloy’s strong customer satisfaction and market presence has landed us in the leader quadrant in Retail Analytics and the high performer quadrant for Demand Planning in the 2023 G2 Winter Grid Report. Named a Leader in Retail Analytics and a High Performer in Demand Planning appeared first on Alloy.ai. The post Alloy.ai

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

Alloy

DECEMBER 13, 2022

Alloy’s strong customer satisfaction and market presence has landed us in the leader quadrant in Retail Analytics and the high performer quadrant for Demand Planning in the 2023 G2 Winter Grid Report. Satisfaction with Alloy’s ease of use was rated at 96% in Demand Planning. 100% of users rated Alloy at 4 or 5 stars.

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Supply and Demand Alloy Analytics Software Demand Planning 52

ToolsGroup

AUGUST 25, 2022

BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. for Global Supply Chain Inventory Optimization, 2022.

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Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 222

QAD

MARCH 6, 2024

One of the main goals of every Supply Chain today is balancing efficiency, resilience and agility. Accurate forecasting models become ever more critical to meet customer demand as companies add more product lines and the value chain expands. Now, let’s deep dive into the key steps of the demand planner function.

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Supply and Demand Modeling Forecasting Sourcing Strategies 52

ThroughPut

AUGUST 24, 2021

Earlier in the day, demand planning was a guessing game that relied more on intuition, instinct, and inclination. Companies that leveraged the data they collected to enable more accurate demand planning, distinguished themselves from their competitors. Why do you need new-age demand sensing to solve modern problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

ToolsGroup

JUNE 17, 2021

Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Smart planning alleviates risk of distribution supply uncertainty. Accurate forecasting of uncertain demand. Right-sizing inventory.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

ToolsGroup

SEPTEMBER 22, 2020

Supply chain practitioners know trends like product line proliferation, shorter product life cycles, increased complexity, massive amounts of data and ever more demanding and unpredictable customers are accelerating. Given these staggering statistics, what are demand forecasters to do?

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Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156