Silvon Software

JANUARY 25, 2023

The demand planning process must be easily understood and should convey who does what, and by when. At a minimum, sales should start with a statistical base forecast and historical data provided by the demand manager and make incremental changes each month. Tie forecast metrics to operational and financial metrics.

Supply and Demand 115

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 115

Supply Chain View from the Field

OCTOBER 3, 2013

We recently had a senior data analytics professional from a large financial services organization speak in my MBA Supply Chain relationships class. The scope of the datasets his team was working on was limited to supply management, but the sheer volume of data was staggering in its complexity and fragmentation.

Procurement Analytics 60

Procurement Analytics Analytics Purchasing Skills Data 60

Supply Chain Shaman

JUNE 15, 2018

Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio. An orbit chart is the linking of data across years at the intersection of two metrics. improvements. I was wrong.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Kinaxis

FEBRUARY 5, 2015

The author, Osgood Vogler, Director, Analytics, Celestica Supply Chain Managed Services, describes an insight-based demand management process: So, how do you take the guesswork out of forecast planning? Demand planning has a big impact on business performance. How predictable is the demand? Let’s find out.

Forecasting 100

Forecasting Supply Chain Planning Software Forecasting Software Scenario Planning 100

DynaSys

AUGUST 5, 2021

Analytics requires a strong dedication to gathering data as well as data management. Leveraging a strong analytic model allows you to understand your buying cycles, create predictions and easily pull up information. Algorithms are a clearly defined set of instructions. Autonomous planning requires timely data input (ie.

Supply and Demand 52

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 52

Kinaxis

SEPTEMBER 17, 2014

Let’s look at these one by one; Simulation – To simulate the impact of a major supply chain change like a large order you need to have several things; 1) Analytics that model the results from each of the ERP systems involved in your supply chain. How do achieve supply chain visibility ? Comment back and let us know.

Supply Chain Planning Software 263

Supply Chain Planning Software Supply Chain Design Software Supply Chain Visibility Modeling 263

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements. Today’s demand management processes have many issues. Redefine Tactical Demand Planning.

Supply and Demand 157

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 157

Logility

FEBRUARY 23, 2022

and Demand Management, Inc., This marks Logility’s seventeenth year and Demand Management’s thirteenth year of recognition. During the quarter, Demand Management announced a strategic partnership with Royal Cyber, a leading IT consultancy and solutions provider. Demand Management, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software 130

Supply Chain Shaman

MARCH 27, 2014

I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. Especially demand sensing?” It replaces rules-based consumption in demand planning, and will improve short-term forecasting by 30-35%. Remember, many organizations do not understand the basics of demand management.

Supply and Demand 283

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 283

Supply Chain Shaman

JULY 22, 2016

Learn to navigate the river of demand. Realize that, within the organization, the concept of demand as a flow is not well understood. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. Client Example of Demand Management Across Time Horizons. Supply Chain 2030.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Vanguard Software

JULY 6, 2021

The shift from a traditional supply planning to a modern solution, such as Vanguard Predictive Planning , requires companies to redesign their systems to include demand management strategies. While it may seem like a daunting task to retool your supply chain management, the benefits heavily outweigh the initial investment: 1.

Supply and Demand 52

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

Supply Chain Shaman

MARCH 9, 2020

To accomplish this, the first step is for companies need to align functional metrics to balance sheet goals based on strategy. The engines require testing, the availability of clean data (planning master data is an ongoing issue) and goal clarity. For success, an optimization engine must have a clear objective function.

Supply Chain Design Software 308

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 308

Supply Chain Shaman

FEBRUARY 25, 2016

Analytical innovation and digital transformation drove step-change capabilities within the office and marketing. There is the need for an analytics strategy that can power outside-in, real-time processes using structured AND unstructured data. Build a scrappy, cross-functional team to test and learn using new forms of analytics.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Alloy

AUGUST 20, 2019

But out of that weekly or daily data deluge, what are the crucial metrics? This metric is the best indicator of true demand because it measures when an end consumer actually buys a product, not just when a retailer places an orders, or sell-in. And how do they inform better strategy and execution moving forward?

Negotiate Pricing 40

Negotiate Pricing Negotiating Skills Alloy Price Reduction 40

The Smart Software

MARCH 13, 2019

Consider what is meant by “demand management”, “demand planning”, and “forecasting”. These terms imply certain standard functionality for collaboration, statistical analysis, and reporting to support a professional demand planning process.

Forecasting 52

Forecasting Forecasting Software Supply and Demand Supply Chain Planning Software 52

Logistics Bureau

NOVEMBER 16, 2020

Supply chain management is increasingly becoming a clear path to the C-suite. In short, the industry offers something for everyone—for those who enjoy physical activity, for those inclined towards the intellectual and/or analytical, and for others who desire some combination of both. Supply Chain Analyst. Supply Chain Coordinator.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Logistics Viewpoints

AUGUST 4, 2022

A well-engineered solution applied to the right segment can absolutely be well worth the investment, but this is a decision that must be made in context of the business, not just a single forecast accuracy metric. The post Can Improving Forecast Accuracy Address Our Demand Planning Woes? A forecast is an input, not a decision.

Supply and Demand 246

Supply and Demand Forecasting Forecasting Software Demand Planning 246

Supply Chain Shaman

JANUARY 2, 2023

Water buffalo butting heads symbolize the organizational issues of demand planning. Demand is a tough subject. Organizations butt heads in the discussion of demand. The functions are not aligned and lack a shared understanding of demand management. The root issue is functional metrics. Let me explain.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Kinaxis

SEPTEMBER 16, 2014

While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. We believe it is the supply chain leader’s role to build and manage supply chain performance to drive year-over-year improvements which are balanced, strong and resilient. So, drum roll please….

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279

ShipBob

OCTOBER 24, 2022

Demand forecasting helps the business make better-informed supply decisions that estimate the total sales and revenue for a future period of time. Demand forecasting allows businesses to optimize inventory by predicting future sales. Importance of demand forecasting for ecommerce. Types of demand forecasting techniques.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Intelligent Audit

MAY 19, 2022

Actionable analytics and insights allow management to identify problem areas and address them more efficiently. Leverage Dashboards to Easily Manage Your Freight Financing Costs. Accessing real-time freight data, monitoring current trends, and enabling on-demand communications can improve financial performance and management.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 52

Logility

MAY 2, 2021

But is using one-number forecasts too suspect given today’s growing availability, visibility, and use of big data, advanced analytics, and intelligent algorithms? This one shortcoming is perhaps one of the most obvious for this forecasting metric.

Forecasting 149

Forecasting Forecasting Software Procurement Analytics Prescriptive Analytics Software 149

ThroughPut

MAY 11, 2021

There are several key elements of successful retail supply chain management. Demand management and forecasting for anticipating changes and meeting irregular demand. It’s not new information that retailers need to keep track of market demand to meet consumer expectations. Advanced analytics.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

There are several key elements of successful retail supply chain management. Demand management and forecasting for anticipating changes and meeting irregular demand. It’s not new information that retailers need to keep track of market demand to meet consumer expectations. Advanced analytics.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

There are several key elements of successful retail supply chain management. Demand management and forecasting for anticipating changes and meeting irregular demand . It’s not new information that retailers need to keep track of market demand to meet consumer expectations. Advanced analytics .

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

Aera Technology

NOVEMBER 2, 2017

Having a set of standardized metrics that are accurate and in real-time can deliver tangible benefits across entire organizations in terms of inventory reduction, service level improvement and agility. But when we’re talking about digital transformation in your supply chain, it’s actually just the beginning.

Supply Chain Software 58

Supply Chain Software Prescriptive Analytics Software Supply Chain Optimization Agile and Lean Supply Chain 58

Unleashed

OCTOBER 5, 2023

It involves tasks like enhancing warehouse layouts, arranging inventory within the warehouse, managing personnel and equipment, and ensuring efficient order picking and packing. There are often features that crossover between warehouse management software and stock management software.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

ShipBob

SEPTEMBER 11, 2023

This setup feeds data from your online store, retail partnerships, and other customer-facing channels to the same backend platform that manages your inventory, sales data, customer relationships, analytics, and more.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Sourcing Strategies 52

Logistics Viewpoints

OCTOBER 5, 2021

This dramatically cuts down on the physical and analytical demands placed on supply chain professionals every day. As transportation management solutions automate the processes of procuring carriers, planning truckloads and determining optimal routes, the result is a huge productivity boost.

Logistics Network Optimization Software 211

Logistics Network Optimization Software Resource Reduction Waste Reduction Cost Reduction Strategies 211

Supply Chain Shaman

JUNE 28, 2020

Management of Complexity. Kudos to Rob Byrne, this remains one of the best pieces published in the industry on demand management practices.) Shift functional metrics to focus on reliability. This week, E2open published its annual report on forecast accuracy. Continually test and learn.

Cost Reduction Strategies 429

Cost Reduction Strategies Inventory Reduction Supply Chain Design Software Modeling 429