EazyStock

OCTOBER 31, 2022

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Modeling 52

ToolsGroup

JULY 26, 2016

Most CPG companies have hit a demand forecasting ceiling. The goal of this revenue chase is to grow demand— but this path to growth comes at a cost— the cost of demand complexity. And complexity creates a challenge of how to forecast accurately when faced with new items, new channels and demand shaping.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

ThroughPut

MAY 1, 2023

or the planners who are managing super-complex supply chains that include everything from your tiered suppliers, inventory to logistics and sales, the pressure has literally gone through the roof. Yes, we live in an era where demand drives supply. Are we able to intuitively align inventory to match demand?

Supply and Demand 52

Supply and Demand Demand Management Modeling Demand Planning Software 52

Supply Chain Shaman

OCTOBER 11, 2023

The larger the global corporation, the more that the use of functional goals sub-optimizes growth, margin and inventory levels. I often laugh when companies ask me to define a good forecast. For me, a good forecast has zero demand latency, minimal bullwhip effect, little bias, and improvement in Forecast Value Added (FVA) analysis.

Supply Chain Planning Software 379

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 379

TradeGecko

SEPTEMBER 19, 2018

Sales and inventory demand forecasting are critical to the longevity of any business. 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

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ToolsGroup

SEPTEMBER 26, 2023

Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations. We are very excited about this new chapter in Evo’s journey.”

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

Supply Chain Shaman

JANUARY 28, 2013

After two decades of process and technology refinement, excellence in demand management still eludes supply chain teams. Today, most supply chain professionals believe that the supply chain planning solutions have driven steady progress to reduce costs, improve inventories and speed time to market. The reason?

Supply and Demand 239

Supply and Demand Modeling Demand Planning Software Demand Management 239

Kinaxis

FEBRUARY 5, 2015

by Melissa Clow Our partner Celestica recently published the following article, ‘What If You Could Take The Guesswork Out Of Forecast Planning?’. Demand planning has a big impact on business performance. Persistent planning biases can tie up cash by driving excess inventory. How predictable is the demand? Let’s find out.

Forecasting 100

Forecasting Supply Chain Planning Software Forecasting Software Scenario Planning 100

The Smart Software

MARCH 13, 2019

Consider what is meant by “demand management”, “demand planning”, and “forecasting”. These terms imply certain standard functionality for collaboration, statistical analysis, and reporting to support a professional demand planning process.

Forecasting 50

Forecasting Forecasting Software Supply and Demand Supply Chain Planning Software 50

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. There are ways to manage a supply chain amid disruptions but they require changes in the way the business works.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

Silvon Software

JANUARY 25, 2023

While the Supply Chain department has a clear view of “regular” demand patterns, Sales has insights into exceptions, new opportunities, new products and promotional activities. Working together to incorporate all this information into the sales forecast and demand plan can ensure that everyone is prepared for demand fluctuations.

Supply and Demand 106

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 106

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 250

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

ThroughPut

APRIL 6, 2020

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. Are the inventory numbers being tracked accurately across the several stages of production? Demand management. Production planning. into the final plan?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

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. Are the inventory numbers being tracked accurately across the several stages of production? Demand management. Production planning. into the final plan?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Logistics Viewpoints

MAY 17, 2021

But more importantly, CommerceIQ improves indirect ecommerce forecasts. The inventory that needs to be held for an e-tailer is based on the forecast. One ecommerce retailer provides sellers a 30-day, 45-day, and 70-day forecasts that can be extracted from the retailer’s system. But the forecast can be very wrong.

Demand Planning Software 158

Demand Planning Software Modeling Forecasting Supply and Demand 158

Supply Chain Shaman

OCTOBER 8, 2017

If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. On one extreme, there is an argument that forecasts are always wrong, “Why do them at all?” ” I am in the middle.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

Supply Chain Shaman

NOVEMBER 21, 2018

2) Forecast Value Added. Forecast Value-Added (FVA) is a measurement of demand management improvement. This measurement adds discipline to the forecasting process by comparing the error and bias of the forecast as compared to the Naïve Forecast. Inventory levels? Slow and obsolete inventory?

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

Logility

JANUARY 13, 2022

Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Customers of New Generation Computing, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 130

Logility

NOVEMBER 4, 2021

Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Customers of New Generation Computing, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Demand Planning Software 130

Logility

SEPTEMBER 3, 2021

Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 130

Supply Chain Shaman

JUNE 21, 2023

We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known. The companies are not active in Gartner networks. ” I smile as I work on data for a client where the greatest risk is demand.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Vinculum

JUNE 3, 2020

Inventory management plays a vital role in building a sustainable, scalable and profitable eCommerce business. No matter how expert you are, how bigger or smaller your business may be, what products you sell, or who do you serve, lack in your inventory management can bring bigger challenges in your business success.

Inventory Management Software 59

Inventory Management Software Forecasting Software Supply Chain Planning Software Demand Planning Software 59

Kinaxis

MARCH 25, 2015

by Alexa Cheater Our partner Celestica recently published the following article, ‘ Is your company being held hostage by poor inventory performance? ’ Poor inventory performance can create a significant obstacle to growth and profitability. Visibility allows you to see precisely how much inventory you have and where.

Optimal Sourcing 100

Optimal Sourcing Inventory Reduction Modeling Inventory 100

ToolsGroup

JUNE 11, 2020

Using the data from the digital twin, SKF’s deployment of ToolsGroup’s Service Optimizer 99+ planning software automatically calculates each item’s external demand forecast and factors in lead times and actual stock levels throughout the supply network. How much inventory do we hold of that item in all our locations?

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

Supply Chain Opz

APRIL 15, 2015

What inventory book can help you to cut inventory costs? In this article, we will show you 10 best inventory book that readers at all levels can learn from. Inventory Management Overview Many people think inventory management is a clerical task but they're absolutely wrong.

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Material Savings Inventory 100

Logility

JANUARY 22, 2014

Demand management has always been at the top of supply chain professionals’ list of challenges. Could there be a connection between the use of spreadsheets and the lack of visibility, poor promotional performance, and growing inventory levels for some companies? I think so. They were also more productive.

Demand Planning Software 101

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

ThroughPut

NOVEMBER 18, 2022

Around 69% of companies do not have complete visibility of their supply chains or that 46% of small businesses don’t track their inventory or don’t have an automated method to track it? If the COVID-19 pandemic has taught us anything, it’s the volatility of the market and how the demand dynamics can change almost overnight.

Supply and Demand 52

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

Logility

OCTOBER 22, 2019

Forecasting customer demand has been a critical aspect of business since ancient times. One of the earliest uses of forecasting was implemented by the Egyptians to predict harvest yields based on the availability of water in the Nile River; a classic cause and effect relationship. DSR – Demand Signal Repository.

Optimal Sourcing 105

Optimal Sourcing Modeling Supply and Demand Optimization Software 105

Kinaxis

MARCH 20, 2019

The CEO went on to imply that losing sales was preferable to building excess inventory. Shouldn’t it be ok to build inventory in anticipation of demand surges, and then apply promotions to work through the excess? For a company operating at almost 52 percent gross margin, that’s not an insignificant amount.

Apparel 193

Apparel Inventory North America Demand Planning Software 193

ToolsGroup

OCTOBER 24, 2017

However, she disagrees with DDMRP’s principles of forecasting and the use of demand sensing technologies. She says she believes DDMRP “buffers are only a piece of the answer” and that “forecasting plays a vital role in determining the rules for inventory buffers.” She likes DDMRP flows and buffers.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 185

Taulia

OCTOBER 17, 2022

It’s also an essential component in forecasting. Cash flow management involves overseeing and managing cash from all sources. The cash conversion cycle (CCC) : The time in days that it takes a firm to convert investment in inventory and other resource inputs into cash flows from sales.

Optimal Sourcing 81

Optimal Sourcing Expense Reduction Inventory Reduction Forecasting 81

Logility

JANUARY 16, 2018

This is especially true for those that work in and manage the demand planning process. Sometimes demand planners focus too much on forecast accuracy and miss seeing the forest for the trees. This sounds a lot like the definition for demand planning to me. And now back to that crux.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

Supply Chain Shaman

MARCH 27, 2014

So, I am going to focus here and share my answer: Demand sensing is the application of analytic technologies to detect short-term patterns in channel data and translate it into distribution requirements. It replaces rules-based consumption in demand planning, and will improve short-term forecasting by 30-35%. The answer?

Supply and Demand 281

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 281