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 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

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.

S&OP 195

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. Think this is possible?

Supply Chain Design Software 320

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 320

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

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 413

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 413

DynaSys

AUGUST 31, 2021

Data is an integral part of the demand planning cycle. But, the trickiness of collecting data comes mainly from pulling it from all the sources of data for demand planning as well as unifying the data. Different sources of data for demand planning: Enterprise Resource Planning (ERP).

Supply and Demand 52

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

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 314

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 314

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 391

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 391

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.

Supply and Demand 75

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

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 349

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 349

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

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

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Were companies completely unprepared for this sudden surge in demand for these consumer items? Understanding and predicting demand in unpredictable times . But demand planning still remains a game of assumptions and estimations.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Supply Chain Shaman

APRIL 30, 2020

During the pandemic, demand fell, and it was now available. The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. However, supply chain leaders well understand that drug discovery, manufacturing, and distribution are all necessary to deliver the vaccine to a willing arm.

Supply Chain Design Software 357

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 357

Logility

SEPTEMBER 9, 2023

The need for more resilient supply chains and better demand forecasting was becoming more essential. With the rise of companies looking to implement AI into their supply chains, more accurate forecasts are within reach. How did the infant formula supply chain crisis happen? But how did we get here in the first place?

Forecasting 131

Forecasting Modeling Forecasting Software Supply and Demand 131

Resilinc

APRIL 17, 2024

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. In the intricate web of modern supply chain management, efficiency often guides decision-making. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. What is single sourcing and sole sourcing?

Sourcing Strategies 96

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 96

Logility

APRIL 17, 2023

As a manufacturing leader, you’re faced with constant disruptions, labor shortages, and the threat of job loss — time is of the essence. The time is now to take action and invest in technology to optimize your operations, streamline your workflows, and enhance supply chain efficiency across the board. If you’re one of the 67.4%

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 130

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further. Doug has a B.S.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

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

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 443

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 443

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

Supply Chain Game Changer

OCTOBER 18, 2022

Subscribe to Supply Chain Game Changer. Quantum Leap to the Top 10 Supply Chain Skills of the Future! The job of a Supply Chain professional never stops. As such Supply Chain senses must always be on high alert! Supply Chain is a stressful profession. Supply Chains failed everywhere. Subscribe Here!

Supply and Demand 123

Supply and Demand Supply Chain Planning Software Supply Chain Planning Buyer Training 123

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?

Supply and Demand 156

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

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.

Supply and Demand 52

Supply and Demand Modeling Forecasting Sourcing Strategies 52

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.

Manufacturing Procurement 244

Manufacturing Procurement Optimal Sourcing Supply Chain Disruption Supply Chain Planning Software 244

Elementum

JUNE 18, 2021

For 10 years, you touted the Secret Sauce to Supply Chain optimization. Planning doesn’t mix well with reality. We run our monthly planning cycles with religious diligence, but The Plan is outdated as soon as the last person logs off the Zoom call. Demand goes up. There’s S&OP.and then there’s the real world.".

S&OP 148

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 148

Elementum

JUNE 18, 2021

For 10 years, you touted the Secret Sauce to Supply Chain optimization. The problem is… Planning doesn’t mix well with reality. We run our monthly planning cycles with religious diligence, but The Plan is outdated as soon as the last person logs off the Zoom call. Demand goes up. A supplier shuts down.

S&OP 147

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 147

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. How is AI Improving Supply Chain Management? How is AI Improving Supply Chain Management?

Predictive Analytics 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

Logility

APRIL 20, 2022

If resilience is the panacea to today’s supply chain challenges, it seems that everyone has a different prescription. Every industry article, news segment, analyst research paper, and boardroom conversation offers varying perspectives on the real issues impacting supply chain performance and the best way to fix them. You’re not alone.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Logistics Viewpoints

APRIL 3, 2023

Aera Technology offers a solution they call “Aera Decision Cloud” A key challenge for manufacturers is connecting integrated business planning (IBP) – a longer term plan – to operational planning and execution – what needs to be done in the near term. What part of the plan should be executed?

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

Logistics Viewpoints

APRIL 8, 2024

Supply chain risk solutions are hot. Exiger’s CEO, Brandon Daniels, told me they were larger than their three largest supply chain risk competitors combined. Modern supply chain risk solutions are marvelous pieces of technology. Then the solution looks across a multitier supply chain for supplier concentration.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

Logistics Viewpoints

DECEMBER 12, 2022

Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. Supply chain planning is not just for the big boys. This manufacturer produces plastic reusable material handling containers and plastic fuel tanks.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

The Network Effect

MAY 4, 2015

Note, this is part five in a series on demand sensing. Demand Sensing can import demand data on an hourly rather than a batch or daily basis, immediately sensing demand signal changes as compared to a detailed statistical demand pattern, and then evaluates the statistical significance of the change.

Supply and Demand 100

Supply and Demand Demand Planning Software Data Forecasting 100

Enterra Insights

JANUARY 14, 2022

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Sometimes CPG manufacturers take the lead and sometimes consumers take the lead. Most business consultants today urge CPG manufacturers and retailers to become consumer-centric and demand-driven.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130