article thumbnail

Editor’s Choice: The TikTok Effect on Demand Planning

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Or, why you need demand planning for going viral on social media. It’s communal, delightful and entirely unpredictable – and it’s catching supply chains off guard.

article thumbnail

The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Here are ten things to keep in mind in terms of the role that forecasting can have on supply chains: While not a cure all, forecasting does matter.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

While companies talk digital, the projects follow traditional supply-centric paths. Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of Supply Chain Leadership? We have not achieved supply chain economies of scale. As I listen, I struggle. Learning Stalled.

Gartner 391
article thumbnail

Forecasting and demand management for new events using machine-learning algorithm

Kinaxis

When it comes to forecasting and demand management , a lot. For events like the Super Bowl, retail demand planners create forecasts using data from a variety of sources to adjust product demand profiles in anticipation of which product, or group of products might be in demand the most.

article thumbnail

What Value Are You Getting From Planning?

Supply Chain Shaman

In the 1990s supply chain planning was over-hyped. The growth of the supply chain planning technology market disappointed investors resulting in consolidation and the decline of best-of-breed solutions. In parallel, Enterprise Resource Planning(ERP) providers introduced a new hype cycle. Do You Have A Good Plan?

article thumbnail

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

article thumbnail

Four Reviews of DDMRP for Supply Chain Planning

ToolsGroup

Source: The Enterprise System Spectator. In recent months four experts have weighed in on Demand Driven Material Requirements Planning (DDMRP). Lora Cecere of SC Insights was the first of the supply chain expert opinions I saw on DDMRP. He sees DDMRP as one possibility for filling the Respond Planning need.