Supply Chain Shaman

SEPTEMBER 13, 2021

In Figure 1, I show a Miro board activity that I like to do with groups. Bring up a parallel demand management solution using market data (point of sale, distributor data, and market indicators) and look for trends. Make this demand management an operational desktop tool and don’t tie it into traditional IT systems.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Supply Chain View from the Field

DECEMBER 14, 2013

In this first of a series of blogs, I will be exploring many of the key themes that emerged in the recent Future of Procurement study I co-authored with KPMG’s Procurement Advisory Council. The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

ShipBob

OCTOBER 24, 2022

Demand forecasting helps the business make better-informed supply decisions that estimate the total sales and revenue for a future period of time. Demand forecasting allows businesses to optimize inventory by predicting future sales. Importance of demand forecasting for ecommerce. Types of demand forecasting techniques.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements. I also worked in manufacturing during the period of 1978-1992 trying to plan demand. Everyone has a bias.

Supply and Demand 156

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

ThroughPut

FEBRUARY 14, 2024

Those disciplines include decision management (including advanced nondeterministic techniques such as agent-based systems) and decision support as well as techniques such as descriptive, diagnostics and predictive analytics.” Let’s look at the example of a US-based agribusiness.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

Logility

JANUARY 16, 2018

Sometimes demand planners focus too much on forecast accuracy and miss seeing the forest for the trees. I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics.

Supply and Demand 102

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

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Shaman

MAY 30, 2017

I miss the days of Walter Cronkite reporting the news. As I facilitated the class and discussed the findings , the theme of data sharing and demand management was prevalent. Most companies have applied the regional practices of demand management to global teams. Instead, we have talking heads sharing opinions.

San Francisco 152

San Francisco Supply Chain Planning Software Forecasting Software San Jose 152

Material Handling & Logistics

OCTOBER 11, 2017

A few years ago I purchased a sofa from a well-known furniture store. Many companies try to overcome this problem using ERP systems, demand management tools and other advanced software. Simple lean supply chain techniques such as pull and leveling cost very little to implement and can have a big impact on lead times.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Lean Inventory Reduction Price Reduction 83

Supply Chain Shaman

AUGUST 26, 2015

” 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. So why have companies not done this?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Supply Chain Shaman

SEPTEMBER 24, 2018

They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets. Sadly, only 7% of companies test before purchase. ” There is a belief that the purchase from an ERP solution provider improves integration.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 228

Supply Chain Opz

JANUARY 18, 2015

Overly focused on efficiency and cost savings, i.e. on the “O,” the “S” in S&OP now seems to have become an afterthought. Indeed, a 2012 survey by the Aberdeen group found that reducing supply chain costs is no longer the biggest operational challenge faced by supply chain professionals.

S&OP 100

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 100

Unleashed

OCTOBER 7, 2018

In this article, we explain why forecasting demand accurately is so important for the success of your company and provide a few tips for managing the process successfully. What is demand forecasting? Predicting demand. Different groups of people can have different sales trends too. Why is it necessary?

Forecasting 40

Forecasting Forecasting Software Demand Planning Software Supply and Demand 40

ThroughPut

MAY 11, 2021

But post-crisis and once the lockdowns were lifted, the demand for these products went back to normal. These drastic shifts in demand prompted the question, where and how consumers are shopping? According to the trends, there was a rapid shift from in-store purchasing to e-commerce. Advanced analytics. Let us take a look.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

But post-crisis and once the lockdowns were lifted, the demand for these products went back to normal. These drastic shifts in demand prompted the question, where and how consumers are shopping? According to the trends, there was a rapid shift from in-store purchasing to e-commerce. Advanced analytics. Let us take a look.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

But post-crisis and once the lockdowns were lifted, the demand for these products went back to normal. These drastic shifts in demand prompted the question, where and how consumers are shopping? According to the trends, there was a rapid shift from in-store purchasing to e-commerce. Advanced analytics .

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

Supply Chain Opz

JUNE 1, 2014

On weekly basis, they organize a big group meeting of all work stream team to discuss the coordination issues. During a short term planning (less than one month), they pay much attention to the coordination between purchasing, production and sales. Detailed plan is usually presented on A3 sized paper.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239