article thumbnail

The Forecasting Accuracy Bugaboo

Logistics Viewpoints

In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. Demand forecasting should be tightly integrated to an inventory optimization application. Some suppliers of demand management software can also provide excellent forecast benchmarking for selected industries.

article thumbnail

Ann Grackin: Is the Crisis in Demand Management Being Exacerbated by Spreadsheet Dependency?

Logility

This blog post is in response to recent results from the APICS/Logility Survey, Consumer Goods S&OP research, and ChainLink’s end-user research. Demand management has always been at the top of supply chain professionals’ list of challenges.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Future of Demand Planning Systems Move From Forecast Entry to AI-Powered Integrated Demand Management — Key for S&OP Success

o9 Solutions

Accurate demand forecasting is vital to an agile and efficient supply chain capable of responding to today’s rapidly changing markets. […].

article thumbnail

Demand Planning. When The Answer To Two Simple Questions Is Not So Simple.

Supply Chain Shaman

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. Contrast of Ship To and Ship From Models in Demand Planning.

article thumbnail

“Digital Transformation” and Supply Chain Planning

ToolsGroup

An agricultural company looks at on-line social media discussions between farmers for crops issues that could impact demand for their horticultural products. Consumer goods companies are making investments “from the shelf back”, connecting data in ways that they hadn’t before. Machine learning for demand management.

article thumbnail

Is your supply chain planning ready for the “Experience Economy”?

ToolsGroup

Many supply chain executives in consumer goods and retail companies grappling with the Experience Economy still hear objections that AI and machine learning technologies are futuristic. Click below for a podcast with ideas on how to start leveraging AI for demand management and supply chain planning.

article thumbnail

Here are the top automotive inbound supply best practices

The Network Effect

Overall, the future for the inbound automotive supply chain is subscription based software platform services in the cloud. If you’d like to know more on this and related subjects, I recommend you read the Automotive Inbound Supply Best Practices whitepaper.