New Horizon Supply Chain Blog

AUGUST 30, 2023

Introduction I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The link between forecast accuracy and corporate goals is less clear. But that doesn’t make forecasting any less important.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. outliers, product with active sales but no forecast, sales in an inactive product or customer).

Supply Chain Software 247

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 247

ThroughPut

JUNE 12, 2023

As a result, the forecasting errors in logistics have only multiplied ever since the pandemic and with conventional forecasting models failing to insulate you against underutilization, revenue loss and missed business opportunities, you need to don the Batman’s cape to save the day!

Forecasting 52

Forecasting Modeling Forecasting Software Optimal Sourcing 52

ThroughPut

JUNE 12, 2023

Forecasting has forever been at the heart of efficient supply chain operations – driving the much needed predictability to source raw materials, manufacture products and fulfill customer needs at the right time, right place and in the right quantity. Clearly, supply chain forecasting has become more complex.

Forecasting 52

Forecasting Sourcing Strategies Agile and Lean Supply Chain Cost Reduction Strategies 52

New Horizon Supply Chain Blog

JULY 15, 2022

I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The link between forecast accuracy and corporate goals is less clear. But that doesn’t make forecasting any less important. Introduction.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Vanguard Software

JUNE 1, 2021

These companies struggle to stay afloat in their respective industries as competitors utilize modern solutions that leverage AI for demand forecasting and supply chain management. How do organizations harness the power of data and algorithms for better demand forecasting? and prescribe the appropriate forecasting model.

Forecasting 52

Forecasting Modeling Forecasting Software Demand Planning Software 52

ToolsGroup

JULY 26, 2016

Most CPG companies have hit a demand forecasting ceiling. And complexity creates a challenge of how to forecast accurately when faced with new items, new channels and demand shaping. Recent evidence strongly suggests that traditional forecasting techniques in this environment have reached their limits and hit a ceiling.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

DynaSys

APRIL 28, 2021

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. It’s a given!

Forecasting 52

Forecasting Forecasting Software Optimal Sourcing S&OP 52

Demand Solutions

MAY 4, 2020

What is strategic capacity planning? Strategic capacity planning is how companies figure out the production capacity needed in order to meet consumer demand. The first reason is because it relies on accurate demand forecasting. So how do you do effective strategic capacity planning? Capacity planning software.

Supply Chain Planning Software 100

Supply Chain Planning Software Capacity Forecasting Software Supply Chain Planning 100

NC State SCRC

DECEMBER 15, 2022

However, I’ve been hearing more and more stories about how the rapid over-expansion of many brands and retailers in 2021 has proven to result in all kinds of problems, specifically around additional inventory, excess capacity, and over-expansion of the workforce. This is equivalent to extortion, and actually borders on being illegal.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Logility

APRIL 20, 2022

With access to digital data across your enterprise ecosystem and your multi-enterprise partners’ system, you can measure variability in demand, lead time, production capacity, throughput performance, resource availability, and transportation schedules with planning algorithms. Developing Diverse, Resilient Sourcing Strateg ies.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

ThroughPut

AUGUST 24, 2021

Conditions of erratic demands, long-period metrics, and unavailability of raw materials have brought forth a plethora of problems, such as – Trouble Managing Capacity : With high peaks and troughs in demand for goods, capacity management has become a key concern. Execute high-performing product mix & sales forecasts with AI.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

o9 Solutions

NOVEMBER 1, 2021

Sources include pricing and promotional effectiveness, social media scraping, Netflix series releases by category, local events, book bestseller lists, daily partner sell-out and inventory, station fuel level readings, and HGV transponders, to name a few. The data is too simple, too old, and too late to profit from demand spikes.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Logility

NOVEMBER 28, 2023

According to experts in our webinar, “ How AI-Driven Insights Can Save Your S&OP Before it is Too Late ,” advanced AI technologies, such as ChatGPT and Narrow AI, have an incredible capacity for translating complexity into informed decisions that drive profit and growth. AI can help with that.”

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 130

Logility

APRIL 22, 2013

” scenario: in many supply chain organizations, sub-SKU forecasting (the task of translating high-level forecasts into specific quantities by size, color, configuration, region, etc.) falls on the shoulders of the sourcing and supply functions, rather than the demand planners. Does that make it right?

Forecasting 101

Forecasting Modeling Supply and Demand Sourcing Strategies 101

Logility

APRIL 22, 2013

” scenario: in many supply chain organizations, sub-SKU forecasting (the task of translating high-level forecasts into specific quantities by size, color, configuration, region, etc.) falls on the shoulders of the sourcing and supply functions, rather than the demand planners. Does that make it right?

Forecasting 100

Forecasting Modeling Supply and Demand Sourcing Strategies 100

ToolsGroup

FEBRUARY 28, 2023

So we’re excited to be delivering significant enhancements to our solution and expanding our already formidable and innovative forecasting , inventory optimization , and replenishment capabilities that help our customers deliver on promises to their customers, while reducing inventory (and their carbon footprints) and boosting profitability.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

Supply Chain Game Changer

MARCH 19, 2019

The Planning and Budget cycle within most companies must start with a forecast of future sales and revenue. The Sales and Marketing team is usually responsible for pulling that forecast together. They are likely to pull together several sources of data in order to create that revenue forecast. And that is good news.

Forecasting 50

Forecasting Supply Chain Planning Supply Chain Design Supply Chain Optimization 50

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. It used to take two people anywhere from 10 to 15 days to create a 12-month forecast.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

ThroughPut

JANUARY 6, 2022

As a result, communication gaps have become almost the norm, putting a company’s ability for capacity planning into question. Mismatched capacity during surges makes it near impossible to meet demand. These companies operate in silos, often basing estimates and capacity planning on incomplete data. Correcting Communication Gaps.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Capacity 52

Logility

MAY 3, 2022

Source: Logility, 2022. Using a methodology that combines ATP and CTP, your own production capacity and your supply chain production capacity can be checked immediately, at the time an order is placed. Consider an order-taking process that enforces ATP alone. This leads to less firefighting and increased productivity.

Supply Chain Planning Software 182

Supply Chain Planning Software Optimal Sourcing Forecasting Software Demand Planning Software 182

The Logistics of Logistics

OCTOBER 12, 2022

He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team. FreightWaves provides shippers, carriers, and brokers with freight data, technology, and forecasts that enable them to make better decisions about their transportation. About FreightWaves.

Analytics Software 182

Analytics Software Forecasting Software Logistics Network Optimization Software Supply Chain Software 182

ToolsGroup

JULY 26, 2022

ToolsGroup is a Microsoft recommended Gold Partner for supply chain planning software , with AI-powered solutions including demand forecasting and planning , inventory optimization , merchandise financial planning , assortment planning , pricing and promotion management , production and capacity planning , allocation , and replenishment.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

Logistics Viewpoints

APRIL 22, 2024

But for that to occur, all of the dominos must fall into place: the product must be available to promise, there needs to be enough shipping capacity, and there needs to be an understanding of how inventory will be moved between mills and distribution centers. The goal is to deliver 100% of the orders on time and in full.

Georgia 225

Georgia Optimal Sourcing Modeling Modeling Software 225

Logistics Viewpoints

DECEMBER 6, 2023

Media sources are filled with prognostication. Supply Chain Volatility The concept of supply chain volatility is difficult to measure and even more difficult to forecast, as disruptions are typically surprises. A value above 0 indicates that supply chain capacity is being stretched and supply chain volatility is increasing.

Predictive Analytics Software 267

Predictive Analytics Software GEP Supply Chain Software Price Reduction 267

o9 Solutions

OCTOBER 1, 2021

Rapidly changing consumer item and channel preferences, along with the recent step-change transition to omnichannel fulfillment and global sourcing risks, have made retail supply chains a textbook example of a system subjected to VUCA – Volatility, Uncertainty, Complexity and Ambiguity. In 2021, global retailers are expected to spend $11.8

Sourcing Strategies 52

Sourcing Strategies Scenario Planning Supply Chain Planning Software Capacity 52

AIMMS

MARCH 30, 2020

Using Demand Forecasting Navigator to Study Demand Trends. There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations . Capacity shutdown in S&OP Navigator.

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348

Logility

MAY 3, 2021

S&OP integrates plans for every department , combining the needs and opportunities facing customer support, sales, marketing, development, manufacturing, sourcing, and financial into one tactical strategy. Companies can also build consensus between stakeholders on any changes to near-term plans and forecasts. S&OP Defined.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 246

Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Hunt’s third-quarter earnings signal a strong market for freight operators, but increasingly restrained economic forecasts suggest clouds on the horizon. Sourcing Journal). Miner Rio Tinto downgraded its shipment forecast for Australian iron ore.

Forecasting 52

Forecasting Cargo Forecasting Software Logistics Network Optimization Software 52

Logility

JUNE 15, 2021

How companies in this industry approach demand forecasting can have far-reaching effects on their short-, mid- and long-term success. The bottom line: F&B companies need accurate ways to track and forecast real-world demand and keep pace with consumers’ expectations. Reap the Benefits of Advanced Forecasting Capabilities.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

Supply Chain Shaman

SEPTEMBER 10, 2020

Most are capacity constrained. For years Campbells strove to grow the soup category only to lose share in the soup category due to limited manufacturing capacity for the Swanson’s brand. With air capacity limited due to the decline in air travel, companies moving products using cold chain assets will struggle. What To Do?

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

ToolsGroup

MARCH 7, 2023

The dynamic sourcing capability automatically smooths inventory targets day after day and ensures target service levels are achieved regardless of supplier constraints. With over 365 customers located in 45 different countries, ToolsGroup provides the power of dynamic planning with SO99+.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

Logility

APRIL 17, 2023

By planning ahead with flexible, restriction-based timetables and capacity plans to maximize production and optimize the allocation of a constrained supply , companies can ultimately save time and boost productivity while decreasing inventory levels. This leads to increased productivity, cost savings, and job security.

Manufacturing Procurement 130

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

Logility

MAY 26, 2022

Real-Time Insight and the Right Digital Platform Means More Accurate Forecasts. Because supply exceeds demand, all demand can be fulfilled, but there is underutilized production capacity. Conventional statistical forecasting models are no longer accurate. This visibility will allow you to produce a more reliable forecast.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

The Supply Chainer Report

JANUARY 3, 2019

Following China Chang’e-4 mission landing on the far side of the Moon , let’s talk about the role of Forecast in business and more specifically in the Supply Chain. Everyone needs a Forecast. Any enterprise is capable of having a Forecast. Use a Baseline Forecast. Evolve To Consensus Forecast.

Forecasting 40

Forecasting Forecasting Software Supply Chain Planning Software Supply and Demand 40

ThroughPut

APRIL 6, 2020

Effective supply chain planning can help answer the following questions and fill gaps accordingly: Are demand and supply forecast numbers accurately updated and shared across all the functions across relevant department heads and key stakeholders? Are the inventory numbers being tracked accurately across the several stages of production?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52