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

Supply Chain Shaman

After two decades of process and technology refinement, excellence in demand management still eludes supply chain teams. Supply Chain Management (SCM) concepts are now thirty-years old. The first use of the term supply chain management in the commercial sector was in 1982.

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Demand Planning. When The Answer To Two Simple Questions Is Not So Simple.

Supply Chain Shaman

In 2004, with the evolution of demand sensing applications, the tactical and operational forecasts were both modeled using optimization, but the lack of synchronization of the two forecasts limited the technology adoption. Starting to understand the issue with multi-tier demand planning? Demand is a tough subject.

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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. These goals have been supported by more channel-specific offerings and packaging and by increasing product options and selections. These low scorers report forecast inaccuracy, and demand planning as their biggest headaches.

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Is Your Manufacturing Business Ready for ERP Solutions?

SYSPRO Smarter ERP

An ERP allows you to forecast demand, manage inventory levels, and improve procurement , resulting in the right inventory at the right time. To learn whether your business is ready to upgrade from your accounting package, the list of things you’ll need to consider and best practices.

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

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. So what exactly is the definition of “Supply Chain Management”? SCM #SupplyChain #Technology #Logistics #Freight #Purchasing #Procurement #Business.

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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.

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AI-Driven Supply Chain Decision Intelligence: Making Smarter and Faster Supply Chain Optimization a Reality

ThroughPut

It helps companies, which typically lose millions of dollars a year – as a result of wastage due to expired material, outdated packaging, etc. Finally, decision intelligence can help select alternate suppliers to ensure more sustainable procurement of material. Let’s look at the example of a US-based agribusiness.