Ware2Go

FEBRUARY 24, 2022

That means most SMB’s are working with limited data and analytics on the supply chain side, and often inventory management and demand management are based on educated guesses and rarely tied to sales data or demand patterns.

Inventory Management Software 98

Inventory Management Software Supply Chain Planning Software Demand Planning Software Analytics Software 98

The Network Effect

MAY 4, 2015

Note, this is part five in a series on demand sensing. Demand Sensing can import demand data on an hourly rather than a batch or daily basis, immediately sensing demand signal changes as compared to a detailed statistical demand pattern, and then evaluates the statistical significance of the change.

Supply and Demand 100

Supply and Demand Demand Planning Software Data Forecasting 100

Supply Chain Shaman

MARCH 21, 2024

If I had a magic wand, I would redesign work to transform the planners to become data orchestrators with supply chain planning becoming self-service by business leaders. The Orange layer above the traditional deployments (shown in blue) become the collaborative data sharing area for business leaders. Why Jump Now?

Inventory Reduction 376

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 376

Logility

JANUARY 22, 2014

Demand management has always been at the top of supply chain professionals’ list of challenges. I am going to give a brief picture of recent data and draw what I think are some conclusions about the impact (or lack thereof) of spreadsheets. Firstly, some ChainLink research data. But they just don’t scale.

Demand Planning Software 101

Demand Planning Software Supply and Demand Supply Chain Planning Software Demand Management 101

ToolsGroup

SEPTEMBER 26, 2023

By combining the proven data science capabilities of Evo, with the end-to-end capabilities and mature ML models of ToolsGroup’s retail and supply chain planning applications, organizations can truly optimize business outcomes. Evo is the AI company that bridges the gap between management and data to drive impact.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

DynaSys

AUGUST 10, 2021

When deciding to implement a demand planning cycle , one of the crucial elements of getting your demand plan right is the data you use to create it. How to gather the RIGHT data for demand planning? If you can’t trust the data, the demand plan is a useless endeavor. Data quality.

Supply and Demand 52

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

Logistics Viewpoints

APRIL 4, 2024

There are various use cases of AI/ML for fresh demand planning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania. In this blog, I will discuss the use of AI/ML demand planning for fresh products to help maximize sales and reduce waste.

Supply and Demand 230

Supply and Demand Modeling Demand Planning Scenario Planning 230

Supply Chain Shaman

OCTOBER 8, 2017

Surprising demand in automotive for car replacement. History is not a good predictor of current demand. They need accurate and timely channel data. Sensing of markets and the translation of channel demand into an accurate demand signal for the company is the foundational principle of market-driven processes.

Supply and Demand 155

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 155

Supply Chain Shaman

NOVEMBER 11, 2020

On September 30, the big data company Palantir went public in an initial 22B$ market valuation. I am frequently asked, “Can a big data data science company help to alleviate the current market pain in the supply chain?” Data science is only useful when companies are clear on the question to ask. Talent Demand.

Supply Chain Design Software 284

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 284

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The implementation also involves leveraging weather data to improve forecasting. This data leads to a better baseline forecast. Pinnacle Propane Delivery to a Farm.

Forecasting 168

Forecasting Forecasting Software Optimal Sourcing Modeling 168

Arkieva

DECEMBER 1, 2020

In this blog post, we will briefly review some examples of being “COVID-19 adrift” with just data and then focus on the primary task – demonstrating how modeling can be used to understand the impact of group size on COVID-19 spread.

Modeling 79

Modeling Groups Data Examples 79

DELMIA Quintiq

SEPTEMBER 22, 2021

Equipped with DELMIA solutions, you can gain superior control over your supply and demand management and inventory flow.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

ToolsGroup

DECEMBER 16, 2021

Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach. The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Supply Chain Shaman

NOVEMBER 12, 2018

To make my point, I stressed that: New Forms of Data. Becoming outside in requires the use of new forms of data– sensor data, unstructured sentiment, rating/review data, return data, point of sale data, weather. Retail forecasts are never a good source of data for the manufacturer.

Supply and Demand 167

Supply and Demand Inventory Reduction Modeling Manufacturing Procurement 167

Enterra Insights

APRIL 13, 2023

Digital technologies, like ERGIS, depend heavily on data collection and analysis. Fortunately, data is generally available. Analysts from the ToolsGroup note that reliance on data-driven decision-making has ushered in “a remarkable shift in the world of retail from a product-centric to customer-centric model.”[5]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Kinaxis

DECEMBER 1, 2014

Their current visibility capabilities are most likely departmental or functional and focus separately on data and processes for planning and execution.” Data harmonization across multiple systems of record also adds another layer of complexity. .;

Supply Chain Visibility 231

Supply Chain Visibility Gartner Supply Chain Planning Software Agile and Lean Supply Chain 231

ToolsGroup

JUNE 11, 2020

SKF’s Joerg Schlager and his peers in the Demand Chain team realized that its supply chain operation needed to become more nimble, resilient and predictive to avoid being ambushed by a competitor. This would take the form of a cluster of structured master data and operational data tables.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

Alloy

AUGUST 20, 2019

Fortunately, most retailers provide data to help suppliers understand how they’re performing. But out of that weekly or daily data deluge, what are the crucial metrics? Keep an eye out for part two for the other four key data points. And how do they inform better strategy and execution moving forward?

Negotiate Pricing 40

Negotiate Pricing Negotiating Skills Alloy Price Reduction 40

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

QAD

APRIL 10, 2024

It requires timely and accurate data. It’s the deviation, or margin of error, between the actual demand figures and the forecasted result in the demand plan. This may mean assessing the quality of your data. However, ensuring the quality of a forecast is not an easy task. But, what exactly is forecast accuracy?

Optimal Sourcing 52

Optimal Sourcing Forecasting Supply and Demand Forecasting Software 52

Supply Chain Shaman

AUGUST 7, 2019

We draw a timeline on a conference room wall and using customer shipment and compliance data, we plot the issues with customer service and product outages. I ask, “ Do you have data that could be used to alleviate the issue in the future?” ” Or alternatively, “Is there data that could be sourced to help?”

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Logistics Viewpoints

OCTOBER 14, 2015

The study divides the SCP market into four application functionality areas, one of which is demand management. Demand management applications offer a comprehensive set of functionality. The analytical capabilities in […].

Forecasting 100

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 100

Supply Chain Shaman

JUNE 21, 2023

We must rethink our leaders based on performance data and begin holistic learning. Today’s risk management solutions focus largely on supply sensing and early alerting. ” I smile as I work on data for a client where the greatest risk is demand. A Focus On Risk. Why Not the Balance of Risk and Opportunity?

Gartner 334

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 334

o9 Solutions

FEBRUARY 21, 2020

Top Reasons Organizations are Upgrading their Demand Sensing Capabilities. From scattered data to a system of record for all market intelligence. Store insights using POS and local market data. Demand Management Solutions. Demand Planning. Demand Management Solutions. Demand Sensing.

Supply and Demand 52

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

Supply Chain Shaman

DECEMBER 17, 2019

Their view of data and workflows is focused on efficiency and driving the lowest cost. As a result of the CFO’s agenda, the organization’s focus is usually on the management of enterprise data without an understanding of demand latency (time for consumption to translate into order-based replenishment). Demand Consumption.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Supply Chain Strategy 207

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. Give Sales easy access to historical data.

Supply and Demand 114

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 114

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management: Conversely, inventory management focuses specifically on the products a business holds within its operations. Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management: Conversely, inventory management focuses specifically on the products a business holds within its operations. Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management: Conversely, inventory management focuses specifically on the products a business holds within its operations. Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Supply Chain Shaman

JANUARY 15, 2018

ERP-agnostic architectures using machine learning and streaming data architectures are enabling new and promising capabilities. Manufacturing Execution Systems with Data Historians have inched along over the years, but we have not been able to radically change manufacturing. Driving Data-Driven Processes. Driving New Outcomes.

Analytics Software 209

Analytics Software Supply Chain Planning Software Manufacturing Procurement Demand Planning Software 209

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Inventory management in the supply chain. Effective data management. AI in inventory management. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

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

Logility

FEBRUARY 18, 2020

Machine Learning is a specific type of AI put into practice, with the goal of giving a computing device access to data and allowing it to learn from it. An ML system may be given a data feed — actual product sales, weather, and an existing forecast, for example — and be asked to draw conclusions about it. The herd is moving.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply and Demand 182

Kinaxis

SEPTEMBER 17, 2014

But visibility goes beyond the raw data. You cannot look at aggregated data without running specialized reports or extracting the data and loading it into a BI tool.Visibility also means understanding the impact of your decisions on key corporate metrics. 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

TradeGecko

SEPTEMBER 19, 2018

Although there’s no crystal ball to predict future trends with 100% certainty, smart demand forecasting is the closest thing to it – and it’s how the most successful B2C and B2B businesses make data informed decisions about the future.

Forecasting 90

Forecasting Supply and Demand Supply Chain Demand Management 90

Kinaxis

AUGUST 18, 2014

Philip Evans shares how today’s consumer is sharing a colossal amount of data to come to a buying decision. Some people call this “Big Data”. Others consider how this “data” is used, and use the term “Omni-Channel” or “Internet of Things”. Get a method to capture, and USE all this “Big-Data”.

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Inventory Reduction 263

ThroughPut

NOVEMBER 18, 2022

Traditional techniques of demand forecasting in the supply chain can no longer predict these changes in the demand-supply network. These granular details aim at creating the perfect balance between surplus and adequate inventories in the absence of quality demand signals which otherwise can be a challenge for many.

Supply and Demand 52

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