Supply Chain View from the Field

APRIL 1, 2015

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.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

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.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain View from the Field

DECEMBER 14, 2013

In this first of a series of blogs, I will be exploring many of the key themes that emerged in the recent Future of Procurement study I co-authored with KPMG’s Procurement Advisory Council. The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas. .”[3]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Logistics Bureau

NOVEMBER 16, 2020

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.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Logility

JANUARY 16, 2018

Sometimes demand planners focus too much on forecast accuracy and miss seeing the forest for the trees. I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. Here in lays the crux of the issue with demand sensing.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements. Today’s demand management processes have many issues. Redefine Tactical Demand Planning.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

Logistics Viewpoints

JULY 6, 2022

That article stated that Target, Walmart, and others recently reported during earnings calls that they have too much inventory in certain item categories and that the cost of holding inventory is negatively impacting their profit margins. Conclusion: Whiplash not Bullwhip Effect.

Inventory Reduction 257

Inventory Reduction Inventory Retail Purchasing Skills 257

Supply Chain Shaman

MAY 30, 2017

I miss the days of Walter Cronkite reporting the news. As I facilitated the class and discussed the findings , the theme of data sharing and demand management was prevalent. Most companies have applied the regional practices of demand management to global teams. Instead, we have talking heads sharing opinions.

San Francisco 152

San Francisco Supply Chain Planning Software Forecasting Software San Jose 152

Logistics Viewpoints

MAY 17, 2021

The solution uses machine learning, analytics, and automation to drive purchasing. In some cases, the e-tailer site is reporting a stock out when that is not the case at all. NBG’s chief digital officer, Don Brett, said that CommerceIQ is a pillar application for them for driving sales through indirect ecommerce channels.

Demand Planning Software 158

Demand Planning Software Modeling Forecasting Supply and Demand 158

Supply Chain Shaman

JUNE 21, 2023

Almost two decades of reporting. Companies that operate separate systems for revenue management and demand management create a risk in understanding market trends and gauging price elasticity quickly. With the increase in product complexity, many companies have demand latency longer than supplier lead time.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Veridian Solutions

FEBRUARY 11, 2019

The remainder lies in understanding what demand sensing means for current supply chain and inventory management operations and how to utilize demand sensing best. Failures in the supply chain derive from problems in supply and demand management. Put the Power of Demand Sensing in Your Supply Chain to Work.

Supply and Demand 74

Supply and Demand Modeling Supply Chain Execution Demand Planning Software 74

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. It was an ugly color.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Arkieva

JUNE 23, 2016

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. Analytics Workbench.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 62

Logility

AUGUST 24, 2022

NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2023. and Demand Management, Inc., wholly owned subsidiaries of the Company, were recognized by Supply & Demand Chain Executive as recipients of the Top Supply Chain Projects Award 2022. and Demand Management, Inc.,

Network Design Software 130

Network Design Software Supply Chain Design Software Supply Chain Planning Software Network Optimization Software 130

EazyStock

OCTOBER 31, 2022

Demand planning has two main functions: determining the right inventory levels to meet demand and helping inventory managers with capacity planning to use space and resources most efficiently. Determining the right stock levels to meet demand is vital for customer satisfaction.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Modeling 52

EazyStock

OCTOBER 31, 2022

Demand planning has two main functions: working out the right inventory levels to meet demand and helping inventory managers with capacity planning to use space and resources most efficiently. Working out the right stock levels to meet demand is vital for customer satisfaction. Gather internal and external data.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Modeling 52

Supply Chain Shaman

NOVEMBER 27, 2017

On Monday, November 27th, Logility announced the purchase of privately-held Halo Business Intelligence. Prior acquisitions include: Demand Management, (often termed Demand Solutions) supply chain planning for mid-market, 2004 for $9.5M It is a no-nonsense visual analytics capability for business users.

Logility 60

Logility Supply Chain Planning Software Supply Chain Design Software Analytics Software 60

Supply Chain Shaman

APRIL 19, 2021

“We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. My organization does not believe in demand planning. The lack of belief in demand management is a barrier for us. I question, “How is this possible?” ” as I watch the birds building a nest from my window. ” Lora.

Supply Chain Planning Software 271

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 271

ThroughPut

JANUARY 2, 2023

It keeps the resource utilization under the set capacity limit and minimizes operations expenses that tap into the purchase of extra capacity. Specific process overview of ThroughPut– month by month suggested utilization and product load: Key metrics highlighted here: Avg machine performance. Stable processes and unstable processes.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 52

Taulia

OCTOBER 17, 2022

These can generally be divided into three categories: Cash flows from operating activities represent the movement of money associated with the ordinary operations of a business – generating revenue and covering costs. The measurement of cash flow is key to efficient cash flow management. Key metrics for measuring cash flow include: 1.

Optimal Sourcing 81

Optimal Sourcing Expense Reduction Inventory Reduction Forecasting 81

ThroughPut

JANUARY 23, 2020

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. 2) Inventory and Demand Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

ThroughPut

JANUARY 23, 2020

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. 2) Inventory and Demand Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Predictive Analytics Software 52

ThroughPut

NOVEMBER 21, 2022

The partnership will empower mutual customers to not only plan logistics fulfillment effectively and efficiently, but also to forecast demand accurately with AI-powered insights and recommendations for rapid supply chain revenue rationalization. Learn more at project44.com.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply and Demand Gartner Supply Chain Optimization 52

ThroughPut

NOVEMBER 18, 2022

A recent study compiled by Deloitte reveals that those companies that were best equipped to respond to the disruption driven by the pandemic had strong relationships with their suppliers and the necessary analytical tools that helped with visibility into their broader supply networks. Do It Right With ThroughPut’s Demand Sensing solution.

Supply and Demand 52

Supply and Demand Demand Planning Software Supply Chain Planning Software Supply Chain Software 52

BlueYonder

MAY 17, 2017

In parts 1 and 2 of this blog series, you learned about the role collaborative partnerships play in supply chain planning and execution with real-time visibility and predictive analytics and the benefits of the JDA and TransVoyant partnership. Moving from Traditional Demand Management to Demand Sensing Activities.

Real-time Visibility 44

Real-time Visibility Sourcing Strategies Material Savings Cost Reduction Strategies 44

Supply Chain Shaman

JANUARY 2, 2023

Models Matter. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. These role-based views can be consumed into a demand visibility signal and used in the respective applications within transportation and procurement.) Demand is a tough subject. Let me explain.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

BlueYonder

MAY 17, 2017

In parts 1 and 2 of this blog series, you learned about the role collaborative partnerships play in supply chain planning and execution with real-time visibility and predictive analytics and the benefits of the JDA and TransVoyant partnership. Moving from Traditional Demand Management to Demand Sensing Activities.

Sourcing Strategies 40

Sourcing Strategies Real-time Visibility Material Savings Cost Reduction Strategies 40

SYSPRO Smarter ERP

APRIL 22, 2024

You lack visibility into your finances Inventory management is challenging and you either find yourself running out of material or overstocking your supplies, tying up cash. An ERP allows you to forecast demand, manage inventory levels, and improve procurement , resulting in the right inventory at the right time.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Supply Chain Planning Software Optimization Software 105

Supply Chain Opz

JANUARY 18, 2015

1) Consider S&OP as a Core Commercial Process The pressure to sell one more additional unit is not a product supply challenge; it is a demand management challenge. We are however suggesting that financial planning and reporting are an outcome of the S&OP process only.

S&OP 100

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 100

ThroughPut

MAY 5, 2021

Artificial Intelligence (AI) and advanced analytics play an important role in providing huge continuous improvements over traditional, legacy processes. What used to be an involved process that solely relied on guesswork and assumptions earlier is now transforming into optimal manufacturing models based on standardized data and insights.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Capacity Resource Reduction 52

ThroughPut

MAY 20, 2021

It keeps the resource utilization under the set capacity limit and minimizes operations expenses that tap into the purchase of extra capacity. ELI helps control throughput losses by maximizing the real-time demand, keeping the resource utilization under the set capacity limit. 5) Superior service levels.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40

ThroughPut

MAY 20, 2021

It keeps the resource utilization under the set capacity limit and minimizes operations expenses that tap into the purchase of extra capacity. ELI helps control throughput losses by maximizing the real-time demand, keeping the resource utilization under the set capacity limit. 5) Superior service levels.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40