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7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues. One of the ways to ensure your supply chain is ready for the next crisis is to test its resiliency by leveraging digital S&OP tools. . Reduce the risk of supply chain shortages by embracing uncertainty.

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ToolsGroup Acquires Mi9 Retail’s Demand Management Business

ToolsGroup

Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. BOSTON (Nov 8, 2021) – ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Mi9 Retail’s Demand Management business. Accel-KKR initially invested in ToolsGroup in 2018. .

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5 Retail Strategies for Supermarkets for AI-Driven Demand Forecasting and Replenishment Planning

ThroughPut

A report by Acosta, a US-based sales and marketing agency, on grocery store trends for 2021 indicates that 46% of people now use online delivery more than they did before the pandemic. When demand can be anticipated with accuracy, it can be delivered efficiently with demand forecasting techniques.

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Improving Sales forecasting after Covid

DynaSys

We should not consider year 2020, and probably H1 2021, as a relevant set of data for forecasting calculation. My next S&OP run is coming, and I must find a solution to deal with sales forecasting after Covid. Based on the real demand, I can operate my supply planning without using precisely wrong forecasts.

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How to Navigate ESG Risk with Supplier Management Software

QAD

million people were in forced labor in 2021, with children accounting for more than 12% of that total. As discussed in a recent QAD blog post , the United Nations forecasts 160 million children between the ages of 5 and 17 are involved in child labor. The International Labor Organization reports that 27.6

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A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. In 2004, I worked with the client to help define specifications and shortlist potential solutions. The organization is not clear on the role of the forecast.

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Inventory Optimisation: Tools & Techniques You Should Know

Unleashed

In 2021, businesses faced major supply chain challenges that resulted in understocked shelves and unhappy customers. Supply Chain Dive Inventory optimisation relies on detailed data analysis, inventory management automation , and effective demand forecasting.