Demand Solutions

Understanding Your Safety Stock Calculations

Demand Solutions

If you manufacture or distribute products, it's safe to assume that you have a specified safety stock level— or at least we certainly hope you do.

Why Safety Stock Is So Important to Your Supply Chain

Demand Solutions

Managing a supply chain is not easy, although the job description is seemingly straightforward: Ensure that the right products are available at the right location at the right time. Sounds easy, right?

The Gartner Magic Quadrant: Why Should We Care About This Research?

Demand Solutions

Full confession: My team is small, yet diverse – I work with boomers and millennials, and the great generation in between. While I find the boomers tend to be more reserved and reticent in their remarks, millennials are quick to provide commentary with little filter engaged.

Five Things You Can Do This Week to Reduce Inventory: Part IV

Demand Solutions

First of all, thank you for reading these articles. We’ve already covered a lot of ground on the topic of inventory reduction. I’ve explained the importance of setting a goal , fine-tuning your safety stock strategy , and reducing your high-side forecast bias.

Buyer's Guide for Supply Chain Network Design Software

Network design as a discipline is complex and too many businesses are still relying on spreadsheets to design and optimize their supply chain. As a result, most organizations struggle to answer network design questions or test hypotheses in weeks, when results are demanded in hours. This Buyer’s Guide helps you find easy-to-use technology to become more proactive and less reactive when it comes to network design and optimization.

Develop a Stocking Policy

Demand Solutions

One of your products had two “hits” in 2014. Should you continue stocking it in 2015? My gut feeling is “no.” But maybe you feel it’s worth keeping in your warehouse because it’s a $200,000 product with a high profit margin.

Why S&OP and Integrated Business Planning Start with the Cloud

Demand Solutions

As we noted in our last article , Gartner has found that the public cloud market is doubling every four years. And because IT spending is only increasing by 2.2 percent per year, we know that companies in all industries are actually diverting their IT budgets from traditional IT to the cloud.

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Five Things You Can Do This Week to Reduce Inventory: Part III

Demand Solutions

Where were we? I’ve already shared the first two steps you can take to reduce inventory: set a goal , and develop a safety stock strategy. My third tip will relate to forecast accuracy—always a hot topic of discussion.

Supply Chain Planning: Is Trying to Do Everything Worse Than Doing Nothing?

Demand Solutions

“If you’re not getting ahead, you’re falling behind.”. This mindset pervades the world’s most competitive businesses nowadays. It’s a hard-charging, spare-no-effort approach that drives companies to new levels of performance. Supply chain planners have embraced this attitude as much as anyone else.

Five Things You Can Do This Week to Reduce Inventory: Part V

Demand Solutions

We’ve reached part five of five. In my previous articles on reducing inventory, I’ve explained the importance of setting a goal , fine-tuning your safety stock strategy , reducing your high-side forecast bias , and reducing stocking locations.

The 2018 Supply Chain Software Buyer's Guide

Learn which supply chain applications are the best for your organization.

It’s Now Twice as Hard to Find Good Supply Chain Talent

Demand Solutions

It has been a tough job market over the last couple of years. But things have definitely gotten better, especially in the supply chain field. . Last year, Demand Solutions held our user conference at the Hard Rock Hotel in Orlando, Florida.

How to Prepare Your Supply Chain for the Internet of Things

Demand Solutions

Thanks to the cloud, there has never been a better time to be a manufacturer or distributor with a vision for rapid, profitable growth. Cloud technology puts powerful supply chain planning technology at your fingertips , with no major outlay for software licenses and extra hardware.

Overcome Lead Time Variability with Predictive Lead Time Software

Demand Solutions

Order supplies too early, and you’ll have to carry excess inventory for weeks or months. This will put you at risk of inventory deterioration and obsolescence. It can also drive up your storage, cooling, and insurance costs.

New Year’s Resolution #3 for Supply Chain Planners: Find the Causes of Forecast Errors

Demand Solutions

Missed my first two New Year’s Resolutions for supply chain planners? You can read about them here and here. Forecast error: so many companies complain about it. But so few actually do anything about it. Most companies just accept forecast error as a given in their supply chain processes.

Leveraging Supply Chain Data for Competitive Advantage

What does it mean to become a digital business or digital supply chain?

The Gartner Magic Quadrant: Why Should We Care About This Research?

Demand Solutions

Full confession: My team is small, yet diverse – I work with boomers and millennials, and the great generation in between. While I find the boomers tend to be more reserved and reticent in their remarks, millennials are quick to provide commentary with little filter engaged.

Supply Chain Talent: Our Take on Deloitte’s Survey Report (part 1)

Demand Solutions

“In times of change, when experimentation tends to be rampant and results are still far from conclusive, one source of guidance can be to look at the companies who are succeeding, and discover what they are doing differently.”.

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Best-of-Breed or ERP: What’s Your Pick for Supply Chain Planning?

Demand Solutions

Here at Demand Solutions, we’re big fans of Lora Cecere’s work on her blog, Supply Chain Shaman. Lora deserves every bit of the credit she gets for being an honest commentator on today’s leading supply chain planning solutions and strategies.

Top 8 FAQ about S&OP (and Our Answers)

Demand Solutions

Got questions about sales and operations planning (S&OP)? We’ve got answers. And at the end of a recent webinar, we picked the brain of the “Father of S&OP,” Dick Ling. Here are some of the questions we got from the audience—and our answers. Who usually wants S&OP software? The people who want their companies to implement S&OP software are usually the ones in the trenches who have become frustrated by poor communication.

How To Improve Your Shipper-Carrier Relationship

Supply Chain Talent: Our Take on Deloitte’s Survey Report (part 2)

Demand Solutions

In my last article , I introduced Deloitte’s supply chain survey report and shared Deloitte’s concept of what it takes to be a supply chain Leader. It’s clear to me from the survey results that Leaders become Leaders because they have superior talent. So, how do they develop that talent?

Survey 176

Integrated Business Planning vs. S&OP: What’s the Difference?

Demand Solutions

I’ve previously shared my thoughts on the need for a shake-up in the supply chain management realm , and my assessment of what integrated business planning really consists of.

Five Things You Can Do This Week to Reduce Inventory: Part I

Demand Solutions

Want to reduce your inventory? Well, you’ve got customer service levels to think about first. And the best inventory reductions are done in a targeted, highly strategic fashion—not blindly and across-the-board. But all things being equal, your answer to my question is surely “yes.”

How to Prepare Your Supply Chain for the Internet of Things

Demand Solutions

Thanks to the cloud, there has never been a better time to be a manufacturer or distributor with a vision for rapid, profitable growth. Cloud technology puts powerful supply chain planning technology at your fingertips , with no major outlay for software licenses and extra hardware.

Navigating the Road to Successful Automation - A Process Driven Approach

Speaker: Jon Leposky, Director of Operations and Logistics, Z Customization

Automation can be an incredibly powerful tool to lower costs, increase capabilities, and enable scaling. However the road to implementing automation can be long and challenging even when all the proper steps are taken. Being equipped with the proper tools and knowledge of common pitfalls when implementing automation can make the difference between a show stopping disaster and seamless success.

Why S&OP and Integrated Business Planning Start with the Cloud

Demand Solutions

As we noted in our last article , Gartner has found that the public cloud market is doubling every four years. And because IT spending is only increasing by 2.2 percent per year, we know that companies in all industries are actually diverting their IT budgets from traditional IT to the cloud.

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How the Cloud Has Changed the Game in Supply Chain Planning

Demand Solutions

The old barriers are gone. Suddenly, anything seems possible. Even five years ago, starting a manufacturing or distribution business—or aggressively growing an existing one—meant making a major financial commitment to computing technology.

How the Cloud Has Changed the Game in Supply Chain Planning

Demand Solutions

The old barriers are gone. Suddenly, anything seems possible. Even five years ago, starting a manufacturing or distribution business—or aggressively growing an existing one—meant making a major financial commitment to computing technology.

A Real-Life Supply Chain Planning Lesson Unfolds at Restoration Hardware

Demand Solutions

When you buy a new piece of furniture online, how long do you normally wait for delivery? I am not talking about one with custom fabric or a special order. I’m guessing you’d be pretty thrilled to see your furniture arrive in less than one week.

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.

Five Things You Can Do This Week to Reduce Inventory: Part V

Demand Solutions

We’ve reached part five of five. In my previous articles on reducing inventory, I’ve explained the importance of setting a goal , fine-tuning your safety stock strategy , reducing your high-side forecast bias , and reducing stocking locations.

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Five Things You Can Do This Week to Reduce Inventory: Part IV

Demand Solutions

First of all, thank you for reading these articles. We’ve already covered a lot of ground on the topic of inventory reduction. I’ve explained the importance of setting a goal , fine-tuning your safety stock strategy , and reducing your high-side forecast bias.

Five Things You Can Do This Week to Reduce Inventory: Part III

Demand Solutions

Where were we? I’ve already shared the first two steps you can take to reduce inventory: set a goal , and develop a safety stock strategy. My third tip will relate to forecast accuracy—always a hot topic of discussion.

Five Things You Can Do This Week to Reduce Inventory: Part II

Demand Solutions

In my last blog post , I mentioned that I’d be sharing five steps you can take to start reducing your inventory as soon as this week. As promised, today’s post will continue the series. If you read my first post and took my advice, you’ve already set a goal for inventory reduction.

Parts Town: An O2C Journey from Manual Processing to Digital Transformation

Speaker: Sarah Gibson, Platinum Operations Manager

The order-to-cash (O2C) process is often considered the lifeblood of an organization. It’s why so many business leaders are looking to next generation of O2C solutions to unlock value across their enterprise — value that’s necessary to remain competitive. Join us for an educational webinar with guest speaker, Sarah Gibson of Parts Town, as she takes attendees through her company’s digital transformation journey.

New Year’s Resolution #1 for Supply Chain Planners: Improve Performance Measurement

Demand Solutions

New Year’s resolutions: useful gimmick for getting your life in order, or standing joke? The answer to this question is entirely up to you. But regardless of whether you plan to read a book every week, go running every day at 6 AM, or finally put some money in your IRA, I believe the New Year is a perfect time to make some resolutions about your supply chain.