article thumbnail

The Evolution and Future of Demand Management

ThroughPut

But to not be able to understand or manage that demand, given the market volatility created by higher customer expectations and shorter fulfillment cycles, has created continuous ripples of chaos in the entire supply chain. Are we able to intuitively align inventory to match demand? If not, how do we get there?

article thumbnail

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. For them, it is not as much about the specific number of demand, it is about the demand pattern and the probability of demand. 6 ) 80% Is Good Enough.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Analytics and S&OP: What is Analytics, and how to spot Buzzwords

Arkieva

To learn more, please read my previous blog ‘ A Guide to Supply Chain Management: Making Intuition More Valuable ’. Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP. What is analytics? Demand Management.

S&OP 63
article thumbnail

Inventory Management Best Practices for Tech Companies: Knowledgeable Insights by ModusLink

ModusLink Corporation

Supply chain management encompasses the entire product journey, while inventory management hones in on the precise control and data-driven aspects of the products a business maintains. Together, they ensure a responsive supply chain that adapts to changing demand.

article thumbnail

Inventory Management Best Practices for Tech Companies: Knowledgeable Insights by ModusLink

ModusLink Corporation

Supply chain management encompasses the entire product journey, while inventory management hones in on the precise control and data-driven aspects of the products a business maintains. Together, they ensure a responsive supply chain that adapts to changing demand.

article thumbnail

Inventory Management Best Practices for Tech Companies: Knowledgeable Insights by ModusLink

ModusLink Corporation

Supply chain management encompasses the entire product journey, while inventory management hones in on the precise control and data-driven aspects of the products a business maintains. Together, they ensure a responsive supply chain that adapts to changing demand.

article thumbnail

What Will a Supply Chain Planning Job Look Like in the Future?

ToolsGroup

Here are my five predictions: Planning will become more efficient. For those processes that continue to heavily rely on human judgment, analytical talent will be needed. The first part of this prediction is easy. Supply chain personnel will be expected to adopt a fact-based decision-making approach to their jobs.