ToolsGroup

OCTOBER 11, 2016

Think the 2011 earthquake and tsunami in Japan—at GM, the catastrophic event affected 5800 parts across its multi-tiered network, says MIT’s Dr. Yossi Sheffi in his book “The Power of Resilience.". To do that, you need to forecast the range of possible demand.

Supply Chain Risk Management 168

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain Planning Software 168

RELEX Solutions

FEBRUARY 28, 2018

One, however, seems to come up constantly “Can we use forecast data when making the planograms?”. The answer used to always be the same; “If you give us the forecast data at the weekly product-location level, then yes”. How to find a way to combine forecast and historical data? How to manipulate forecasts into averages?

Forecasting 28

Forecasting Forecasting Software Data Supply Chain Planning Software 28

Supply Chain Shaman

DECEMBER 17, 2018

In 2010-2011 Shell partnered with Terra Technology to roll-out demand sensing as a bolt-on to the SAP environment. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. As the number of items being sold grew, they became increasingly more difficult to forecast.

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

RELEX Solutions

NOVEMBER 13, 2019

Stockmann, Finland’s leading department store, has been using RELEX’s forecasting and replenishment system since 2011. That’s why in 2018, they extended the collaboration by introducing RELEX’s forecast-based workforce optimization solution. Like most retailers, Stockmann wrestles with the rapid changes disrupting the sector.

Forecasting 28

Forecasting Forecasting Software Optimization Software Supply Chain Optimization 28

Supply Chain Shaman

JANUARY 15, 2022

Mark forecasted based on currency and thought mix-based forecasting at an item level was essentially a waste of time. He was very proud of the finance team’s capabilities to forecast. Figure A is from 2009 to 2016 before the addition of Hugo and Mark, and Figure B represents the patterns for 2011-2020.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Supply Chain Shaman

JANUARY 15, 2022

Mark forecasted based on currency and thought mix-based forecasting at an item level was essentially a waste of time. He was very proud of the finance team’s capabilities to forecast. Figure A is from 2009 to 2016 before the addition of Hugo and Mark, and Figure B represents the patterns for 2011-2020.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Logility

APRIL 18, 2011

In speaking with many companies today I get a sense of optimism in the air with many looking at how technology can help them better manage their forecasts in such a dynamic economy. The level of interest highlights the importance of supply chain in the success of a company.

Logility 100

Logility Forecasting Price Mitigation Strategies Apparel 100

Logility

APRIL 18, 2011

In speaking with many companies today I get a sense of optimism in the air with many looking at how technology can help them better manage their forecasts in such a dynamic economy. The level of interest highlights the importance of supply chain in the success of a company.

Logility 100

Logility Forecasting Price Mitigation Strategies Apparel 100

The Logistics of Logistics

DECEMBER 29, 2020

Since 2011 carriers, 3PLs, shippers, and logistics technology vendors have looked to CarrierDirect to deliver the efficiency, strategy, go-to-market plans, and technology that will elevate their business above their competition. Flip the forecasting narrative. During unprecedented times, historical forecasting is not useful.

Supply Chain Disruption 130

Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 130

RELEX Solutions

AUGUST 27, 2018

Founded in 2011, Skincity prides itself on providing both professional skincare products and expert advice to rival anything available on the market. The online skincare retailer quickly realized that to handle its rapid growth, it needed to bring in specialized forecasting and replenishment technology and expertise.

Forecasting 28

Forecasting Forecasting Software Supply Chain Planning Software Inventory Reduction 28

ToolsGroup

DECEMBER 17, 2020

Not all disruptions are as cataclysmic as Japan’s 2011 tsunami or COVID-19, but smaller logistic and control disruptions/disconnections are happening continuously in most supply chains. Check out our primer on probabilistic forecasting here. They have less dramatic operational consequences, but expose the problem just the same. .

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

SCMDOJO

MARCH 25, 2022

Neil Southern, 2011). Neil Southern, 2011). Neil Southern, 2011). Neil Southern, 2011). Neil Southern, 2011). Neil Southern, 2011). The first is the planning service; the second objective execution; the third the commercial department (George C. Thorpe (1916)). The idea of ??working For example, James C.

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

ToolsGroup

MAY 18, 2022

The Risk of Outdated Forecasting Software. Outdated forecasting software only increases the risks surrounding a disrupted supply chain. There are Five Symptoms of Outdated Forecasting and Inventory Planning Software: Have you diagnosed your problem– and solution–to improved demand planning?

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Infosys Supply Chain Management

FEBRUARY 4, 2013

« Use of Predictive Analytics in Supply Chain | Main | Is Agile methodology a good solution for ERP implementations » Adding intelligence in the Forecasting process to support Supply Chain Segmentation. There is however no easy way for the forecaster to assign these models to different segments that is available out-of-the-box.

Forecasting 27

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Strategy 27

ToolsGroup

DECEMBER 4, 2018

For instance, The Economist reports that between 2011 and 2015 the largest 25 food and beverage incumbents accounted for nearly half (45%) of total industry revenue, but smaller companies drove nearly all (97%) of market growth. Click below for more on forecasting and planning long tail demand.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 159

Supply Chain Shaman

MARCH 8, 2016

The initial software product release name was Real-Time Forecasting. DS replaced rules-based forecast consumption with better math (statistics and pattern recognition). In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Matters

MARCH 7, 2022

We often cited major S&P and other indices of forecasts for expected price trends for the coming year, only to discover during or at the end of the year that events and disruptions made such predictions generally inaccurate. Forecasting is no longer an art.

Price Reduction 52

Price Reduction Forecasting Supply and Demand Agile and Lean Supply Chain 52

StockTrim

OCTOBER 11, 2021

She is also an entrepreneur, and when the opportunity arose to distribute a skincare line she loved, she created Dermal Systems in February 2011. As a beauty therapist and educator, René Serbon is an expert on skincare and skin therapies.

Forecasting 137

Forecasting Forecasting Software Education Distribution 137

SYSPRO Smarter ERP

JANUARY 29, 2024

what used to be called the Fourth Industrial Revolution or 4IR) has been around since 2011. With AI, it will be possible to use historical data and market trends to forecast demand and optimise inventory levels with more accuracy and reliability than before. Industry 4.0 and Artificial Intelligence Industry 4.0

Manufacturing Procurement 52

Manufacturing Procurement Trends Manufacturing Inventory Management Software 52

Supply Chain Shaman

AUGUST 13, 2021

The job of planners becomes more like a weather forecaster. In 2011-2014, companies experienced unprecedented growth, but the gap between commercial and operational teams grew. Planning organizations become more like weather forecasters with variability modeling in scenarios based on probabilities using market data.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

Supply Chain Opz

JULY 7, 2013

For example, in 2011 Amazon initiated a program called Amazon Prime (free 2-day shipping and discounted 1-day shipping). If you make the demand forecast based on SKU/Store level , using the POS data you get from retailers is more accurate than using your own historical order data.

Supply Chain Design Software 257

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Design 257

Supply Chain Shaman

SEPTEMBER 10, 2017

Public markets reward growth, and the average growth for companies for the period of 2011-2016 was 1/3 the rate of growth for the period of 1986-2007. At the Supply Chain Insights Global Summit last week, Gita Gopinath, Harvard University economist forecasted worldwide global growth at 3.6%, but only 1.9% Trade is tougher.

Resource Reduction 177

Resource Reduction Cost Reduction Strategies Supply Chain Software North America 177

Supply Chain Shaman

NOVEMBER 14, 2016

I followed his journey during the period of 2006-2011, and wanted to check in with him to gain his insights on the selection of VTech as a finalist in the Supply Chains to Admire research. The ATT forecasting process at that time was best described as a séance. The actual retailer orders were different than the retailer forecasts.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

SupplyPike

MAY 21, 2020

Improve Demand Forecasting. Reducing the bullwhip effect starts with improving the forecasting of customer demands. In the latter part of 2011, apparel retailer JC Penney rolled out a daily low-price model. Therefore, as the distance from the customer increases, the movements increase. Keeping Prices Stable.

Price Reduction 98

Price Reduction Inventory Reduction Vendor Strategies Cost Reduction Strategies 98

ToolsGroup

APRIL 5, 2016

In 2011 Target made a major expansion into Canada, leasing a preexisting chain’s stores with plans to open more than 100 branded locations within two years. Target employed JDA Software for demand forecasting and inventory replenishment. The story line is essentially this. headquarters.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Software Forecasting Software Predictive Analytics Software 120

Elementum

OCTOBER 17, 2018

e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. This can lead to inventory glut for retailers that want to please everyone but lack a sophisticated way to forecast demand. Managing stock for a variety of commerce channels is becoming more complex, costly, and risky.

Inventory Reduction 68

Inventory Reduction Cost Reduction Strategies Inventory Management Software Inventory Management 68

Talking Logistics

FEBRUARY 6, 2018

Since around 2011, when the recession started to improve, we’ve gotten used to seeing extremely efficient use of for-hire capacity. What’s not clear is if these strong truck sales forecasts will add capacity or primarily serve as replacement capacity. Below, we explore 8 trends that will have an effect on the truckload market in 2018.

Trends 101

Trends Forecasting Purchasing Skills Capacity 101

Supply Chain Opz

JULY 7, 2013

According to the paper " An Overview of Some Reverse Logistics Practices in the United States " by Olorunniwo and Xiaoming 2011, - Reverse logistics cost is less than 5% of total logistics cost. Another issue is how to forecast the demand of returns. Reverse logistics is often seen as a clerical function.

Reverse Logistics 226

Reverse Logistics Optimal Sourcing Logistics Case Study 226

Adexa

JULY 27, 2020

Dalsa has been using Adexa planning applications for many years to overcome their business challenges such as on-hand inventory reduction, meeting customer requested date and capacity allocation for the demand load and engineering forecasts.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Los Angeles Optimization Software 76

SCMDOJO

JULY 29, 2022

What is Economic Order Quantity (EOQ) Equation & Graph: The basic formula is as follows: EOQ = Economic Order Quantity, C = Cost of the item, I = Annual inventory carrying cost, D = have different names: “Annual anticipated demand”, or “annual sales volume/ unit”, “forecasted demand”, and “annual usage rate”. Boston Munich: Pearson, 2011.

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103

Enterra Insights

FEBRUARY 22, 2022

”[1] This digitization trend is often called “Industry 4.0,” a term coined in Germany in 2011. AI and ML systems, for example, enable scenario planning, demand forecasting, inventory positioning and overall greater awareness. 2] And McKinsey & Company analysts, Cornelius Baur and Dominik Wee, define Industry 4.0

Manufacturing Procurement 130

Manufacturing Procurement Trends Manufacturing Predictive Analytics Software 130

Infosys Supply Chain Management

NOVEMBER 1, 2011

Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. As we approach the 2011 holiday season, the environment has somewhat changed, requiring retailers to adjust their supply chain fulfillment strategies.On

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Logility

FEBRUARY 20, 2012

According to Gartner, in general, only 65% of forecasts are accurate and 75% of new products fall short of forecast expectations. From a demand planning perspective, companies that do a better job forecasting demand tend to enjoy advantages like: 15% lower inventory levels. 17% stronger order fulfillment. Related Content.

Optimal Sourcing 100

Optimal Sourcing Modeling Forecasting Supply and Demand 100

Enterra Insights

NOVEMBER 22, 2021

It’s in generating dynamic forecasts that data analytics begins to demonstrate its power. … An especially useful sub-category of predictive analytics is probabilistic forecasting, which offers a prediction not as a hard number (or ‘point number’ as it’s called in industry) but as a distribution, or a range to plan within.”

Supply Chain Planning Software 130

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Design Software Supply Chain Software 130

Resilinc

MAY 17, 2022

This is not because supply chains have been immune to climate change and extreme weather—on the contrary, the 2011 floods in Thailand are still remembered as a career-defining event in the supply chain profession—but because of the technical difficulties of attributing a specific event to climate change.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 62

Supply Chain Matters

SEPTEMBER 23, 2022

With the semiconductor demand and supply imbalance forecasted to extend into 2023, automakers are forced to make decisions as to which models are to be prioritized to compensate for limited supply. The Ford warning caused the company’s stock to fall 12 percent, the biggest one-day loss since 2011.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

Infosys Supply Chain Management

DECEMBER 29, 2011

» The Real Headline for the 2011 Holiday Buying Season- Need for Balancing Retailer Online and Fulfillment Process Investments. As we approach the latter stages of the 2011 holiday buying season, the uptick in online buying has indeed occurred. Posted by Bob Ferrari on December 30, 2011 6:54 AM | Permalink. Guest Post by.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29