Supply Chain Shaman

JULY 12, 2022

The focus needs to move from functional metrics to balanced scorecard outcomes. Functional metrics insulate organizations and throw the supply chain out of balance. Traditionally, demand planning was chopped up into many applications—demand planning, forecasting by finance, revenue management, and sales account planning.

Supply and Demand 221

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 221

New Horizon Supply Chain Blog

SEPTEMBER 18, 2023

Introduction I started to write a “Demand Forecasting 101” article but decided that was going to turn into another Ph.D. This is a list of things that I learned about demand forecasting early in my career – things that would have been nice to know from day one. But this list is agnostic of the particular forecasting technology used.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

New Horizon Supply Chain Blog

MARCH 20, 2023

Introduction I started to write a “Demand Forecasting 101” article but decided that was going to turn into another Ph.D. This is a list of things that I learned about demand forecasting early in my career – things that would have been nice to know from day one. But this list is agnostic of the particular forecasting technology used.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

SupplyPike

APRIL 10, 2020

Learn how to: Keep your logistics on time and prepared Maintain your replenishment goals Properly forecast and redefine your demand plan Use technology to help. You should also check your event forecast frequently, multiple times per week preferably. Forecasting. Other considerations. How SupplyPike is helping.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Supply Chain Shaman

JULY 30, 2022

Most companies do not analyze the coefficient of variation (how forecastable the data is), the quality of the demand forecast (Forecast Value-Added) , or the impact of the latency from the dependency on the order signal in the distortion and amplification of the supply signal (bullwhip effect).

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Data Supply Chain Planning Software 195

Logility

APRIL 15, 2020

While extremely valuable, any reputation forecasting has can quickly be tarnished by bad experiences. A more fundamental issue is knowing what business problems forecasting can address. Outlined below are five of the best use cases for forecasting based on dozens of projects our customers have executed with our technologies.

Forecasting 248

Forecasting Forecasting Software Predictive Analytics Software Demand Planning Software 248

Logistics Bureau

DECEMBER 6, 2024

Forecast demand better. Reverse Logistics Strategy 3: Make it Profitable It makes sense to run reverse logistics as a profit centre with corresponding KPI and metrics. Yet reverse logistics is largely the result of marketing and product design decisions at the beginning of the lifecycle. Speed will be an important factor.

Reverse Logistics 74

Reverse Logistics Logistics Network Optimization Software Vendor Strategies Cost Reduction Strategies 74

Supply Chain Action Blog

JULY 8, 2021

Amanda has been using some of the common metrics for forecast accuracy, including MAPE (mean absolute percentage error) and weighted MAPE, but the statistical forecast doesn’t seem to improve and the qualitative inputs from marketing and sales are hit or miss. Amanda’s company just bought a commercial forecasting package.

Forecasting 40

Forecasting Forecasting Software Optimal Sourcing Modeling 40

Alloy

SEPTEMBER 3, 2019

Units on Hand Units on Hand is the number of units of a product that are physically available at a given point along the supply chain, such as a store or retailer DC. Furthermore, it’s needed to calculate a number of key metrics that are leading performance indicators and watched closely by brands and retailers: Inventory turnover.

Forecasting 40

Forecasting Forecasting Software Alloy Retail 40

BlueYonder

APRIL 1, 2014

Without a shared set of metrics between the commercial and operational teams, it is extremely difficult to get alignment between them. Examples of shared metrics include customer service levels, inventory turns, sell-through forecast accuracy, total landed cost, and overall profitability of the business.

Supply Chain Planning Software 85

Supply Chain Planning Software Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning 85

Supply Chain Matters

JUNE 24, 2025

Indicating that Generative AI and agents are increasingly capable of supporting more capabilities, Jassy specifically indicated that AI will improve inventory management, product demand forecasting and the efficiency of work assisted robots: “ Agents will allow us to start almost everything from a more advanced starting point.”

Expense Reduction 52

Expense Reduction Resource Reduction Inventory Reduction Supply Chain Planning Software 52

crisp

JANUARY 13, 2025

With the right data visibility, suppliers can reduce out-of-stocks by leveraging real-time DC and store-level information to implement more effective stock management strategies. Velocity metrics often convince retail buyers to add products to their assortments, with some having minimum velocity requirements.

Waste Reduction 40

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 40

Talking Logistics

JUNE 23, 2017

DC Velocity). FedEx forecasts higher profit for FY 2018 (Reuters). Consumer Convenience” will become a new supply chain metric (more on that idea in a future post). Rigged: Port trucking companies forcing drivers to finance their own trucks by taking on debt they could not afford (USA Today). Carrier warehousing, anyone? (DC

Logistics Network Optimization Software 0

Logistics Network Optimization Software Logistics Supply Chain Network Software Food 0

Turvo

JUNE 12, 2020

Freight brokers that try to rapidly enter the market without the technology and ability to really compete with their competitors, i.e. “work with shippers to secure more bookings,” always fail, notes DC Velocity. According to TruckingInfo , “that gives us the capability to forecast out much farther than our competitors.

Analytics Software 72

Analytics Software Analytics Expense Reduction Cost Reduction Strategies 72

E2open

MARCH 1, 2018

Until recently, the supply chains for CPG companies used to end with their distribution centers (DCs) serving Walmart DCs. The demand from a Walmart DC or another retailer’s DC was lumpy by definition. At most, account teams have provided a monthly forecast to demand planners and measured performance against it.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

E2open

MARCH 1, 2018

Until recently, the supply chains for CPG companies used to end with their distribution centers (DCs) serving Walmart DCs. The demand from a Walmart DC or another retailer’s DC was lumpy by definition. At most, account teams have provided a monthly forecast to demand planners and measured performance against it.

Supply and Demand 60

Supply and Demand Forecasting Modeling Supply Chain Planning Software 60

SupplyPike

MARCH 23, 2020

Just one Walmart DC is one million square feet, so it can be tough making sure all products are where they need to be. An ice storm may cause delays in your shipping so that your product doesn’t reach the stores on time from the DC, or your buyer may decide to run a sale, or your new marketing campaign did much better than expected.

Forecasting Software 52

Forecasting Software Supply Chain Planning Software Forecasting Procurement Analytics 52

crisp

AUGUST 27, 2024

From automated Monday morning recaps to a customizable report builder with over 5,000 key Target metrics, SOLYS by Crisp streamlines operations and drives growth for vendors in their Target partnership. Department 49: Personal Care); select classes within departments; and/or select from over 5,000 additional metrics.

Vendor Strategies 52

Vendor Strategies Supply Chain Planning Software Analytics Software Forecasting Software 52

Alloy

JUNE 9, 2022

Brands don’t need to hold the inventory, may not need to arrange transportation and don’t need to forecast for that subset of products. Products are stored in a domestic warehouse before being shipped on to the retailer’s DC. This takes time but can help organizations plan and forecast demand from multiple origins.

Consumer Goods 52

Consumer Goods Supply Chain Planning Software Forecasting Software Alloy 52

Intelligent Audit

MAY 2, 2022

They are forecast to grow 2.5% Leverage Advanced Demand Forecasting Across the Network. One of the essential features of freight analytics is how it impacts forecasting services. Predictive planning and forecasting are easier with advanced analytics and strong data visualization. to 3% throughout the year.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

ThroughPut

MAY 2, 2024

This, too, is easily rectified with accurate demand forecasting. Customer demand is a dynamic metric, which means that you need to keep estimating it based on evolving market forces such as customer preferences, weather changes, and changing industry trends. Accurate demand forecasting.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

6 River Systems

NOVEMBER 11, 2019

General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. According to data from the U.S.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 91

Alloy

MARCH 4, 2021

Retailer POS (sell-through), retailer DC inventory and retailer orders coming to the Valvoline DCs inform a dashboard Eric can pull up “to get an overall understanding of what things look like.” All this is done through management by exception at the store, DC and product level. Becoming more proactive.

Alloy 69

Alloy Supply Chain Planning Software Supply Chain Planning Supply Chain 69

Logistics Bureau

JANUARY 1, 2025

Aggregate Forecast: A sales forecast for a collection of product families or individual products. Aggregate forecasts are typically stated in terms of dollars, units, or both, and are used in production, sales, and operations planning. Demand Forecast. See Forecast Demand. Demand Driven Supply Chains.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 76

Alloy

OCTOBER 3, 2023

Channel Performance in Walmart Luminate is intended to act as your single-source of truth for sales, inventory and forecast data. And the range of new metrics — such as category level insights in Shopper Behavior — give you considerable visibility into your brand’s performance against competitors.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

Logistics Bureau

OCTOBER 6, 2024

They consider factors like demand forecasts, inventory levels, and production capacities to create efficient production and distribution plans. DC Distribution Centre – A warehouse facility that stores and distributes products to retailers, wholesalers, or directly to consumers.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 75

crisp

JUNE 20, 2024

” Bryan adds that, “We also lacked clear visibility into inventory levels across distribution centers (DCs), and had to forecast orders based on outdated information.” Meijer: Entering this new Midwest market proved incredibly successful, seeing a 696% surge in sales growth , with Illinois’s ROM DC up 106%.

Supply Chain Planning Software 52

Supply Chain Planning Software Fort Worth Optimization Software Analytics Software 52

ThroughPut

MAY 3, 2024

With the automation of various tasks and several risk forecasting and predicting techniques being used across several areas, logistics management sees a massive shift in the coming few years. Forecasting A Logistics Management Software that is proficient in forecasting is the ideal choice for most organizations.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out To DC Or Not To DC? As I came onboard I quickly gathered all of the data I could to help me understand the financial status and forecast for each facility, as well as an overview of the site capabilities, operating performance, customers, and organization structure. Benchmark metrics (eg. Subscribe Here!

Network Optimization 56

Network Optimization Network Optimization Software Price Mitigation Strategies Supply Chain Optimization 56

Supply Chain Trend

DECEMBER 22, 2023

In my presentation at the 2021 International Symposium on Forecasting (ISF), I then combined decision types with augmentation and automation efficacy as per figure 4 (which I would also slightly change now: I would add augmented analytics, which is more applicable for strategic decisions than decision augmentation).

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

BlueYonder

JANUARY 31, 2022

By combining Luminate Commerce’s intelligent sourcing capabilities with its stock-out forecasting capability, Forrester estimates that retailers can realize a $15.3 We wanted to see inventory positions around the world compared to our forecast, compared to our actual demand.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Logistics Network Optimization Software Modeling Software 40

Logistics Bureau

JULY 18, 2018

Forecast demand better. It makes sense to run reverse logistics as a profit centre with corresponding KPI and metrics. Recent survey information from magazine DC VELOCITY suggests that supply chains are moving towards omnichannel mostly to increase sales, market share, and customer loyalty. Speed will be an important factor.

Reverse Logistics 53

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 53

GlobalTranz

JUNE 14, 2017

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. If vendors fall behind on this metric, you may need to re-evaluate your partnerships or expand your list of approved vendors.

Procurement Analytics 237

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 237

6 River Systems

FEBRUARY 25, 2019

“Hire an experienced supply chain manager…” Technology, metrics and systems are crucial, but the importance of experienced leadership and a clarified expectation for operational excellence cannot be overstated. Safety stock is a dynamic not fixed and should change based on forecast. How to optimize stock? Warehousing.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Logistics Bureau

SEPTEMBER 3, 2017

The constant change in the marketplace makes business forecasts difficult for third-party logistics service providers (3PLs). On the other hand, when in transit from factory to distribution centre, or DC to retail outlet, the enemies of food companies are not so much each other, but rather costs, delays, and risk. Business continuity.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 3, 2017

The constant change in the marketplace makes business forecasts difficult for third-party logistics service providers (3PLs). On the other hand, when in transit from factory to distribution centre, or DC to retail outlet, the enemies of food companies are not so much each other, but rather costs, delays, and risk. Business continuity.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

FLEXE

DECEMBER 22, 2016

It spends another week getting through a regional DC network, put away, and only then is ready for picking and distribution to retail stores. Stores monitor customer purchase patterns in real-time and incorporate the data into demand forecasting and replenishment schedules.

Distribution 34

Distribution Supply Chain Design Software Cost Reduction Strategies Price Reduction 34