Remove Demand Management Remove Inventory Remove Procurement Analytics Remove Reference
article thumbnail

The Forecasting Accuracy Bugaboo

Logistics Viewpoints

When companies talk about improving their forecasting, they are most often referring to demand forecasting. Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. This leads to lower inventory carrying costs and thus better case flow.

article thumbnail

American Software Reports Second Quarter of Fiscal Year 2022 Results

Logility

NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022. For the six months ended October 31, 2021, the Company reported operating earnings of approximately $4.5 and Demand Management, Inc., Demand Management, Inc. million compared to $0.5 million or $0.18

Insiders

Sign Up for our Newsletter

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

article thumbnail

American Software Reports First Quarter of Fiscal Year 2022 Results

Logility

NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. and Demand Management, Inc., Demand Management, Inc. million compared to $0.8

article thumbnail

Supply Chain Metrics: Make Sure They Are Aligned with Your Strategy!

Supply Chain View from the Field

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.

article thumbnail

How to Get a Job in the Supply Chain Sector

Logistics Bureau

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Supply chain management is increasingly making an impact on the overall functioning of the business and influencing C-suite decisions.

article thumbnail

What Is Demand Sensing and Why Supply Chain Executives Need to Know More

Veridian Solutions

Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing.

article thumbnail

A Guide to Supply Chain Management: Making Intuition More Valuable

Arkieva

These planning and scheduling decisions occur across a complex playing field organized by decision tier (strategic, tactical, operational, and relevant time response) and organization (corporate planning, factory, marketing, purchasing, etc.). Demand Management. Supply Planning or Match Assets with Demand (MAD).