ToolsGroup
DECEMBER 16, 2021
Intelligent demand management software is the key technology enabler of lean retail merchandise management. Modern order management systems can help retailers automate the process of selecting the optimal fulfillment location based on pre-defined criteria. How lean retail impacts business goals and revenue targets.
Logistics Viewpoints
MARCH 27, 2023
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.
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Alloy
AUGUST 20, 2019
But out of that weekly or daily data deluge, what are the crucial metrics? This metric is the best indicator of true demand because it measures when an end consumer actually buys a product, not just when a retailer places an orders, or sell-in. And how do they inform better strategy and execution moving forward?
Supply Chain Shaman
AUGUST 7, 2019
Most companies cannot get to data by customer on orders shipped incomplete to understand root cause analysis. 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. Low volume inconsistent demand.
Supply Chain Shaman
JULY 22, 2016
Learn to navigate the river of demand. Realize that, within the organization, the concept of demand as a flow is not well understood. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. Client Example of Demand Management Across Time Horizons.
Supply Chain Shaman
AUGUST 26, 2015
There is more in-transit inventory–sitting on the water in larger ships, in-transit through international sourcing strategies, or work with contract manufacturers–as a result, to avoid inventory write-offs, the foot needs to hit the brake faster. I hope that this market correction can help us to redefine demand management.
Supply Chain Shaman
JANUARY 2, 2023
The most common deployment of forecasting technologies for manufacturing companies is a “ship-from model” mining patterns based on historical order or shipment data. In a ship-from model, the locations are supply-centric by design. In a ship-to model, the locations in the model are channel-centric. Let me explain.
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