Demand Management’s Partner in Crime – Central Planning

Arkieva

Arguably the two most important core components of managing the supply chain or demand-supply network are demand management (DM) and Central Planning (CP). Demand Management’s Partner in Crime – Central Planning was first posted on May 12, 2020 at 8:05 am. ©2017 CP is sometimes referred to as master planning or supply planning. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

My Take: Let’s Admit Seven Demand Management Mistakes of the Last Decade

Supply Chain Shaman

Within an organization, the words “Demand Planning” stir emotions. Seldom do we find a team excited about demand planning. After two decades of process and technology refinement, excellence in demand management still eludes supply chain teams. They want to improve demand planning, but they remain skeptical that they can ever be successful in improving the process. Supply Chain Management (SCM) concepts are now thirty-years old.

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Finn-Tack implements inventory and demand management solution

Supply Chain Movement

Finn-Tack, with an international customer base with growing global demand, has two production plants in China, and the Ukraine, manufacturing riding equipment and clothing. Finn-Tack invited Barloworld Supply Chain Software (SCS) to evaluate the future requirements of the company with a view of implementing a robust inventory and demand management solution capable of delivering significant inventory reductions across all of its warehouses.

Ann Grackin: Is the Crisis in Demand Management Being Exacerbated by Spreadsheet Dependency?

Logility

Demand management has always been at the top of supply chain professionals’ list of challenges. All these moves have added complexity to the demand planning challenge. Companies have made their chains more complex in other ways, with supply-side changes such as outsourcing and by varying logistics methods leading to constant complaints of poor visibility. These low scorers report forecast inaccuracy, and demand planning as their biggest headaches.

Using AI & ML in Retail Supply Chain Planning

Logistics Viewpoints

Companies like Amazon, Walmart, Alibaba, and Zara are leading the path in the use of technology and advanced analytics in managing supply chains. The post Using AI & ML in Retail Supply Chain Planning appeared first on Logistics Viewpoints.

Invest in Supply Chain Management Technology: Survival and Ability to Respond to Emerging Challenges

Arkieva

When and how to invest in supply chain management technology is a critical question for all firms that is not a one-time question but ongoing. This blog will observe the real business value is “survival and responsiveness” and elaborate on the challenges with this evaluation.

The Next Great Disruption Coming to Supply Chains

Kinaxis

3PL’s, Contract Manufacturing, Suppliers, Logistics providers…. But, we continue to see the trend as a sales and/or a demand planning issue; something where we need better visibility to real time demand or a finer cut of demand signals. They understand what options make up the end product, so they demand “deals” on these options (such as memory on a PC). In essence, the consumer is putting a postponement demand on the brand.

Remembering: Turning Visibility into Possibility by Don Gaspari, NCR at Kinexions

Kinaxis

In this video hear, Don Gaspari, Director, Materials & Inventory, Global Operations and Logistics, NCR, speak about his time at NCR and their vision to leverage it’s market leadership in self service devices and applications to transform the way that business does business with consumers. Demand management General News Inventory management Response Management Sales and operations planning (S&OP) Supply chain management

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A Perfect Marriage: Demand Modeling and Supply Chain Design

Logistics Viewpoints

Demand modeling has emerged as a key decisioning tool in supply chain design. Standard forecasting tools can fall short if they can’t take into consideration external causal factors that drive demand like weather and economic and political indicators, or help predict demand 5-10 years out when making long-term strategic decisions. The post A Perfect Marriage: Demand Modeling and Supply Chain Design appeared first on Logistics Viewpoints.

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Want to Increase Sales? Don’t “Brush” the Weather Aside

Supply Chain Nation

Given my interest in supply chain, I found the store manager and politely asked about the shortage. While sometimes snow and ice, hurricanes, and heat waves can become major weather events that impact supply chain processes, even more common are the everyday impacts of minor weather fluctuations that can challenge logistics providers, manufacturers, retailers – essentially, all points of the supply chain. “Where’s the snow brush for my car?”

European Supply Chain & Logistics Summit 2014

Supply Chain Movement

European Supply Chain & Logistics Summit 2014. The European Supply Chain and Logistics Summit has established itself as one of the leading meetings of its kind in the world. Designed for and built in conjunction with senior supply chain and logistics leaders from multiple regions and industries, the event will provide a mix of expert case studies, interactive debate and in depth topic master classes. Mark Foscoe, Group Logistics Manager, Mitsubishi Electric.

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Getting your drinks to the market: Asia’s unique logistics challenges

DELMIA Quintiq

So far, my focus has been on issues related to demand, supply and production. In this blog, I will focus on areas equally important to a beverage manufacturer’s success: logistics and distribution. A beverage production plan is set about 2-3 months in advance based on historical demand. The logistics departments of beverage manufacturers use historical orders to contract transport capacity, typically for a 6-12 month period, to get the beverages to market.

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Roberto Crippa: “If you try to manage new business with old rules you fail”

Supply Chain Movement

They are very sophisticated and demanding. The business is getting tougher as more and more professional buyers at Customer’s site are managing procurement and purchasing. 1) Demand Management (demand forecasting, scarcity management and part of sales back office). 3) Logistics (inbound/outbound transportation, materials and finished goods warehouses). A technician has a different perspective to the way in which the supply chain can manage variety.

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Artificial Intelligence (AI) in Supply Chain & Logistics Supply

ThroughPut

To guarantee results, supply chain managers need to be able to cut through this noise with a powerful tool to make use of this vast amount of data with targeted operational analytics to detect, quantify and rank the bottlenecks building-up in business processes early on. Here are 6 ways Artificial Intelligence brings radical Efficiencies in the Supply Chain & Logistics Cycle: 1) Bolstering Planning & Scheduling Activities. 2) Inventory and Demand Management.

AI is Changing Everything We Thought About Forecasting Demand

Logistics Viewpoints

The post AI is Changing Everything We Thought About Forecasting Demand appeared first on Logistics Viewpoints. Demand Management Guest Commentary Artificial Intelligence demand forecasting Machine LearningThe rise of cloud computing, smart devices and IoT have all resulted in a massive data explosion. By 2025, the amount of data will double every 12 hours.

Want to Increase Sales? Don’t “Brush” the Weather Aside

Supply Chain Nation

Given my interest in supply chain, I found the store manager and politely asked about the shortage. While sometimes snow and ice, hurricanes, and heat waves can become major weather events that impact supply chain processes, even more common are the everyday impacts of minor weather fluctuations that can challenge logistics providers, manufacturers, retailers – essentially, all points of the supply chain. “Where’s the snow brush for my car?”

This Week in Logistics News (October 17 – 23)

Logistics Viewpoints

The study evaluates the key technologies that support omni-channel operations, namely distributed order management (DOM), WMS, TMS, inventory planning and optimization, and demand management. This week I began assisting my colleague Chris Cunnane with ARC Advisory Group’s first market outlook study on the technologies that support omni-channel commerce.

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. The post What Exactly Is Supply Chain Management?

Overcoming Trade War Myopia with Supply Chain Leadership!

Supply Chain Game Changer

Without enough capacity or labour fulfilling demand increases may be problematic. Increasing the demand on over the road transportation in the U.S., With a solid understanding of your future demand forecasts you need to determine where you truly have a continuity of supply risk or threat. So you must understand unequivocally from your critical Suppliers what their capacity situation is and whether they can meet your demand requirements. Subscribe Here! Email Address.

The future of supply chain is… industry operating network backbones?

The Network Effect

In this post, I want to talk about the requirements for an industry operating backbone and why this technology is catching on: Leveraging a supply network across an industry backbone enables a new level of collaboration with both customers and suppliers, supported from a systems viewpoint providing significant benefits through real time information on demand management and purchase order fulfilment.

What is SCM and Why is it Important?

Oracle SCM

The acronym SCM stands for supply chain management. It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance. Today, SCM systems are critical to businesses of all sizes and in all industries for managing their day to day operations.

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Confessions of a High Priced Expediter!

Supply Chain Game Changer

As the Executive responsible for the Commodity/Category Management team he tapped me on the shoulder, often, to get involved and find these parts! At the next monthly Global management call the CEO made a point of thanking me in front of the entire company. And I was recognized on the next Global management call. I left that spreadsheet format with every team and trained them on how to manage with it to track their supply status in the future. Subscribe Here!

Why ERP can’t provide a single version of the truth for your supply chain

The Network Effect

If having an optimized order and logistics operation is a core requirement for your business, ERP solutions simply do not go far enough to provide this type of operating backbone. In most cases best of breed “plug in” demand management or logistics applications are required to extend order visibility into both warehousing and transportation activities. Supply Chain Management Visibility supply chain management visibilityKarl Baron/Flickr.

Using Lean to Manage Inventory!

Supply Chain Game Changer

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? In the 1980s, the concepts of Total Quality Managements (TQM) and Six Sigma that were advocated for by W.

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Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? In the 1980s, the concepts of Total Quality Managements (TQM) and Six Sigma that were advocated for by W.

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o9 Solutions and Samsung SDS enter a partnership to Expand SCM Business

o9 Solutions

Samsung SDS is a world-class expert offering Sales and Operations Planning (S&OP) systems and logistics integrated services to major global companies using its unique methodology regarding SCM consulting.

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Observations on Artificial Intelligence in the Supply Chain Market

Logility

Applications in supply chain management are nothing new. Machine Learning has been used to improve demand forecasting since the early 2000s. Demand Planning applications rely on a series of algorithms to take historical shipment data and turn it into a forecast. In a demand management application, the system is continuously monitoring forecasting accuracy. Analysis of commodity prices and weather patterns can optimize demand, replenishment and supply planning.

The Innovative Solution Strategy to a True Real-Time, Predictive Digital Supply Chain

Supply Chain Nation

Through the partnership, which started off with transportation management (TMS), JDA is able to provide value to many different supply chain scenarios through the predictive analytics provided by TransVoyant. Moving from Traditional Demand Management to Demand Sensing Activities. Using this insight, the forecast to meet that new product demand is increased in those specific markets. This allows production to continue as scheduled, meeting customer demand.

What role will human planners play in the supply chain of the future?

DELMIA Quintiq

Charlie Macdonald, Industry Executive for Manufacturing, Transport & Logistics, Telstra. “If Fausty David, Head of Global Demand Management, FCI Electronics. “We’re And that’s where I think the future of demand planners or planning managers will be — managing exceptions.”. Gerald Tan, CEO, Pan Asia Logistics Singapore Pte Ltd. “I

The Importance of a Connected Supply Chain

TPSynergy

Most companies rely on traditional processes to ensure the gap between demand and supply is as small as possible. This entire process, however, is prone to delays and miscalculations, all of which could upset the balance between supply and demand. Sourcing mainly includes: a supply chain visibility system, received goods inspection, and a supplier quality management system. The Importance of a Connected Supply Chain.

The Oliver Wight Conference

Supply Chain Movement

Revolutionary insights through interactive workshops: Streamed sessions will explore the latest thinking on Demand Management, Integrated Reconciliation and Segmentation. Exclusive: Oliver Wight will partner with optimization technology and prescriptive modelling provider, AIMMS, and logistics solutions consultancy, Districon. The Oliver Wight Conference. Date: 18-19 November 2014. Organiser: Oliver Wight. Venue: The Sheraton Brussels Airport Hotel, Belgium.

The Innovative Solution Strategy to a True Real-Time, Predictive Digital Supply Chain

Supply Chain Nation

Through the partnership, which started off with transportation management (TMS), JDA is able to provide value to many different supply chain scenarios through the predictive analytics provided by TransVoyant. Moving from Traditional Demand Management to Demand Sensing Activities. Using this insight, the forecast to meet that new product demand is increased in those specific markets. This allows production to continue as scheduled, meeting customer demand.

Here are the top automotive inbound supply best practices

The Network Effect

This new architecture supports a deep automotive representation which can model every automotive supply requirement discussed in this paper including forecasting, demand management, inventory planning, policy based replenishment, order aggregation, shipments, electronic commerce, inbound logistics, cum management, balance out, and international freight. Image by Flickr user Alang7.

Smart Supply Chain – What is it and why do you need it?

TPSynergy

Most companies rely on traditional processes to ensure the gap between demand and supply is as small as possible. This entire process, however, is prone to delays and miscalculations, all of which could upset the balance between supply and demand. Sourcing mainly includes: a supply chain visibility system, received goods inspection, and a supplier quality management system. The Importance of a Connected Supply Chain.

Defining and Implementing an Effective Transportation Strategy

Talking Logistics

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it. Key questions include, what is the variability of your demand and supply? How predictable is your demand and supply?