Remove Demand Management Remove Eliminating Excel in Purchasing Remove Innovation Remove Inventory
article thumbnail

The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. This increases sales.

article thumbnail

My Take: E2open Buys Terra Technology

Supply Chain Shaman

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. It is a story of supply chain innovation. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. Managing the Contrarian Deep Inside Of Me It is hard to manage the contrarian deep inside of me. With the increase in product complexity, many companies have demand latency longer than supplier lead time.

Gartner 346
article thumbnail

Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

allowing them to shift their focus towards core activities like market share and product management. Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments.

article thumbnail

Supply Chain Planning- The Manufacturer’s Guide for Accurate Planning and Forecasting

ThroughPut

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. This keeps them from creating smooth, synchronized and responsive supply chain plans to achieve the desired operational excellence. Demand management.

article thumbnail

Supply Chain Planning- The Manufacturer’s Guide for Accurate Planning and Forecasting

ThroughPut

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. This keeps them from creating smooth, synchronized and responsive supply chain plans to achieve the desired operational excellence. Demand management.

article thumbnail

Will the Downturn Signal an Upturn?

Supply Chain Shaman

” Today, I know of less than twenty-five companies that actively sense demand, and while we talk about the use of channel data and the building of demand sensing processes to use channel data, it is still an elite group of supply chain leaders that are perfecting the techniques. And, what will signal an upturn?”