Expert insights. Personalized for you.
What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. MORE
How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? Your customers don’t care if you have a great demand forecast. They care if you have the inventory they want when they want it. How do you turn a good forecast into a great inventory plan? MORE
I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. I was moving from the world of manufacturing to a new world of software. When I went through the training to learn the new software, I struggled. The names of the technology providers, the process definitions, and the architecture descriptions were a new lexicon. The impact of complexity on inventory is not quick. MORE
Strong opinions and egos (mostly male) abound… For over two decades, I obediently tapped my foot to technology leaders’ glibly spouting opinions. Downsizing inventories over the past decade crippled the response.” Days of Inventory Peer Group Across Time Periods. MORE
Your forecasting or demand planning system says an SKU is “unforecastable” because demand is too small and intermittent. For most businesses, the “long tail”—low-volume items with irregular demand and many zero demand periods—is growing longer. This is because several trends are disaggregating demand into smaller buckets. More frequent replenishment —and more granular forecasting—leads to shorter time buckets with greater demand variability. MORE
New, innovative technology platforms have greatly sped the expansion and evolution of transportation as well as logistic solutions. Most notably are we seeing technology platforms that improve and simplify the users by means of integrating partners and using collected data. In today’s post, we talk about the 5 main benefits derived from the use of SaaS TMS and introduce what we call a Hybrid SaaS TMS. What is SaaS TMS & Introducing Hybrid SaaS TMS. MORE
Companies are stuck at the intersection of inventory turns and operating margin. Step Up and Learn the Language of Demand. In companies, there is no standard model for demand processes. In the traditional organization, some demand processes are sales-driven. While we need forecasting and we need to improve the processes, we also need to teach teams how to use new forms of demand data and adopt demand processes. The concepts of demand driven are now vogue. MORE
based supplier of fashion blanks transforms its demand and inventory management with Logility. Their team of experts made our transition from legacy systems and manual processes to total digital supply chain management an easy experience,” said Paul Volkman, CIO at Next Level Apparel. MORE
The unified, digital platform powers better decision-making, scalability, and transformation across all levels of supply chain maturity. a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced its parent company American Software, Inc., MORE
Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supply chain. At the Supply Chain insights Global Summit , Nick shared his story on driving demand-based improvements. It is just not enough to do a software upgrade or slowly push continuous improvement projects. He did this first by implementing demand sensing from Terra Technology (now E2Open) eight years ago. MORE
Planalytics’ weather-driven demand analytics help businesses stay ahead of never-ending sales variability. to identify, quantify and apply weather-driven demand calculations to business planning and forecasting. Logility is a wholly owned subsidiary of American Software, Inc. MORE
There’s been a lot of change in how we view supply chain demand forecasting: we moved from a focus on supply—what and how much to supply or replenish—to the demand-driven supply chain, which placed too much emphasis on the intermediate goal of an accurate demand forecast. MORE
Smart Software is pleased to introduce our new webinar, offered exclusively for Prophet21 users. Greg Hartunian, CEO at Smart Software, will lead a 45-minute webinar focusing on specific approaches to demand forecasting and inventory planning. MORE
The technology market is rife with unsubstantiated claims and myths. Each year, I publish a report analyzing the technologies in the S&OP space. I sent the report to technology vendors listed in the appendix with a deadline for feedback on factual accuracy for 5:00 PM EST on Wednesday. The technology choices are not black and white. New technology is evolving. Technologies natively written as Software as a Service (SaaS) solutions are entering the market. MORE
The Process of Software Selection. I am constantly amazed that business leaders can engage with technologists month after month (often over eight and sometimes over a year) to select a supply chain planning system and then call me to ask for help on the decision. MORE
In the midst of the Covid-19 slump, businesses need to shift to reliable systems to meet customer demand and improve profitability. It is here that demand sensing comes into focus. Demand sensing is a tool that facilitates the calibration of data that informs supply. MORE
It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. Predicting retail consumer demand has become much more complex. MORE
Smart inventory allocation and deployment starts with the right digital supply chain platform. For most businesses, the past two years have been a much-needed teaching moment on the state of their inventory planning, tracking, and management capabilities. MORE
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. MORE
We’ve created quite a monster with all the sophisticated tools we use to influence demand with pricing, new product introductions and promotions. As businesses use more “levers” to influence demand, demand variability grows. What is Demand Sensing? . MORE
While demand is high, ongoing product shortages continue to cause supply chain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations. We wanted to see inventory positions around the world compared to our forecast, compared to our actual demand. MORE
A shift from physical grocery stores to digital grocery stores is indicative of a shift from traditional shopping practices to demand-driven buying practices. When demand can be anticipated with accuracy, it can be delivered efficiently with demand forecasting techniques. . MORE
Accurate and demand-driven forecasting has never been more important than in the past two years. The supply chain planning software of Blue Ridge does exactly that. In short: digital tools improve your operations, so do embrace them! MORE
An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. MORE
While new medicines and medical devices are designed using sophisticated digital technologies, many of today’s supply chains run in a landscape that’s part analog and part digital, with outdated tools that limit collaboration and visibility. MORE
Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. As we showed in a previous blog, it’s not the only way to segment your inventory, nor nearly the best. Not too much demand variability. Inventory Optimization MORE
Looking for a relatively quick way to measure inventory health? “It It all starts with a demand-driven approach,” says Gerrott Faulkingham, director of solution engineering at ToolsGroup. This is different from problematic ABC inventory classification. MORE
Manufacturers and brick-and-mortar retailers have been using software to manage their inventory for years – but inventory management is even more important when you’re running a business that operates in the complex eCommerce space. MORE
The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 Each station is part of a larger system and operates on a set schedule under one management umbrella. The basic approach to inventory optimization. Five more inventory optimization segments. MORE
As the supply chain crisis enters yet another year, demand volatility continues to reach unprecedented heights. Let’s take a look at what demand shaping is and why it could be critical to your supply chain. What Is Demand Shaping? Lower prices to increase demand. MORE
Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. MORE
Optimization is peak efficiency, using the perfect balance of inventory and resources to service customer demand without incurring any unnecessary costs or waste. For one part of the system to contribute effectively to the overall goal, other parts must ‘ease up’. MORE
The blender and the oven comprise a collection of tools that includes exchangeable tips and settings that can be used for different cooking endeavors. The difference between a Platform and a collection of Tools is the great recipe book and the right oven settings in our cookie analogy. MORE
The technology is growing dramatically, and the e-commerce business network is forced to keep its laser updated with the optimal potential for easy performance access. The advent of technology and its pace of development is a challenge for retailers to walk along smoothly. MORE
Demand-driven Inventory Replenishment Planning. As per the world reports of global goods shortages , optimized replenishment planning with demand drivers, has become a necessity. However, markets and vendors struggled to fulfill this demand the second time around. MORE
While sophisticated supply chain planning is a necessity for any industry with complex demand, the fashion industry is particularly tricky due to high variety and segmentation (by type of consumer, sales channel, demographic, etc.), Demand planning for direct and indirect channels. MORE
Logility
APRIL 26, 2022
based supplier of fashion blanks transforms its demand and inventory management with Logility. Their team of experts made our transition from legacy systems and manual processes to total digital supply chain management an easy experience,” said Paul Volkman, CIO at Next Level Apparel.
ToolsGroup
MARCH 30, 2022
It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. Predicting retail consumer demand has become much more complex.
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ToolsGroup
MARCH 24, 2021
The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 Each station is part of a larger system and operates on a set schedule under one management umbrella. The basic approach to inventory optimization. Five more inventory optimization segments.
Logility
NOVEMBER 18, 2021
The unified, digital platform powers better decision-making, scalability, and transformation across all levels of supply chain maturity. a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced its parent company American Software, Inc.,
ToolsGroup
SEPTEMBER 9, 2020
How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? Your customers don’t care if you have a great demand forecast. They care if you have the inventory they want when they want it. How do you turn a good forecast into a great inventory plan?
ToolsGroup
MARCH 3, 2021
While sophisticated supply chain planning is a necessity for any industry with complex demand, the fashion industry is particularly tricky due to high variety and segmentation (by type of consumer, sales channel, demographic, etc.), Demand planning for direct and indirect channels.
ToolsGroup
AUGUST 20, 2021
Looking for a relatively quick way to measure inventory health? “It It all starts with a demand-driven approach,” says Gerrott Faulkingham, director of solution engineering at ToolsGroup. This is different from problematic ABC inventory classification.
ToolsGroup
FEBRUARY 10, 2022
As the supply chain crisis enters yet another year, demand volatility continues to reach unprecedented heights. Let’s take a look at what demand shaping is and why it could be critical to your supply chain. What Is Demand Shaping? Lower prices to increase demand.
DELMIA Quintiq
SEPTEMBER 22, 2021
An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management.
GlobalTranz
APRIL 8, 2015
New, innovative technology platforms have greatly sped the expansion and evolution of transportation as well as logistic solutions. Most notably are we seeing technology platforms that improve and simplify the users by means of integrating partners and using collected data. In today’s post, we talk about the 5 main benefits derived from the use of SaaS TMS and introduce what we call a Hybrid SaaS TMS. What is SaaS TMS & Introducing Hybrid SaaS TMS.
Supply Chain Shaman
DECEMBER 17, 2018
Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supply chain. At the Supply Chain insights Global Summit , Nick shared his story on driving demand-based improvements. It is just not enough to do a software upgrade or slowly push continuous improvement projects. He did this first by implementing demand sensing from Terra Technology (now E2Open) eight years ago.
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ToolsGroup
DECEMBER 2, 2021
There’s been a lot of change in how we view supply chain demand forecasting: we moved from a focus on supply—what and how much to supply or replenish—to the demand-driven supply chain, which placed too much emphasis on the intermediate goal of an accurate demand forecast.
Logility
MAY 10, 2022
Smart inventory allocation and deployment starts with the right digital supply chain platform. For most businesses, the past two years have been a much-needed teaching moment on the state of their inventory planning, tracking, and management capabilities.
Supply Chain Shaman
OCTOBER 22, 2015
I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. I was moving from the world of manufacturing to a new world of software. When I went through the training to learn the new software, I struggled. The names of the technology providers, the process definitions, and the architecture descriptions were a new lexicon. The impact of complexity on inventory is not quick.
ThroughPut
SEPTEMBER 27, 2021
Demand-driven Inventory Replenishment Planning. As per the world reports of global goods shortages , optimized replenishment planning with demand drivers, has become a necessity. However, markets and vendors struggled to fulfill this demand the second time around.
Vinculum
APRIL 12, 2022
The technology is growing dramatically, and the e-commerce business network is forced to keep its laser updated with the optimal potential for easy performance access. The advent of technology and its pace of development is a challenge for retailers to walk along smoothly.
Supply Chain Shaman
APRIL 19, 2021
The Process of Software Selection. I am constantly amazed that business leaders can engage with technologists month after month (often over eight and sometimes over a year) to select a supply chain planning system and then call me to ask for help on the decision.
ThroughPut
SEPTEMBER 16, 2021
A shift from physical grocery stores to digital grocery stores is indicative of a shift from traditional shopping practices to demand-driven buying practices. When demand can be anticipated with accuracy, it can be delivered efficiently with demand forecasting techniques. .
ToolsGroup
JUNE 8, 2018
Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. As we showed in a previous blog, it’s not the only way to segment your inventory, nor nearly the best. Not too much demand variability. Inventory Optimization
Supply Chain Shaman
JUNE 12, 2020
Strong opinions and egos (mostly male) abound… For over two decades, I obediently tapped my foot to technology leaders’ glibly spouting opinions. Downsizing inventories over the past decade crippled the response.” Days of Inventory Peer Group Across Time Periods.
ToolsGroup
FEBRUARY 23, 2021
What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging.
ThroughPut
AUGUST 31, 2021
In the midst of the Covid-19 slump, businesses need to shift to reliable systems to meet customer demand and improve profitability. It is here that demand sensing comes into focus. Demand sensing is a tool that facilitates the calibration of data that informs supply.
Unleashed
NOVEMBER 29, 2021
Manufacturers and brick-and-mortar retailers have been using software to manage their inventory for years – but inventory management is even more important when you’re running a business that operates in the complex eCommerce space.
Supply Chain Movement
MARCH 16, 2022
Accurate and demand-driven forecasting has never been more important than in the past two years. The supply chain planning software of Blue Ridge does exactly that. In short: digital tools improve your operations, so do embrace them!
Supply Chain Shaman
JANUARY 21, 2014
Companies are stuck at the intersection of inventory turns and operating margin. Step Up and Learn the Language of Demand. In companies, there is no standard model for demand processes. In the traditional organization, some demand processes are sales-driven. While we need forecasting and we need to improve the processes, we also need to teach teams how to use new forms of demand data and adopt demand processes. The concepts of demand driven are now vogue.
The Smart Software
MAY 26, 2021
Smart Software is pleased to introduce our new webinar, offered exclusively for Prophet21 users. Greg Hartunian, CEO at Smart Software, will lead a 45-minute webinar focusing on specific approaches to demand forecasting and inventory planning.
ToolsGroup
OCTOBER 6, 2021
Optimization is peak efficiency, using the perfect balance of inventory and resources to service customer demand without incurring any unnecessary costs or waste. For one part of the system to contribute effectively to the overall goal, other parts must ‘ease up’.
Solvoyo
JULY 21, 2020
The blender and the oven comprise a collection of tools that includes exchangeable tips and settings that can be used for different cooking endeavors. The difference between a Platform and a collection of Tools is the great recipe book and the right oven settings in our cookie analogy.
Logility
JANUARY 4, 2022
Planalytics’ weather-driven demand analytics help businesses stay ahead of never-ending sales variability. to identify, quantify and apply weather-driven demand calculations to business planning and forecasting. Logility is a wholly owned subsidiary of American Software, Inc.
ToolsGroup
FEBRUARY 19, 2020
We’ve created quite a monster with all the sophisticated tools we use to influence demand with pricing, new product introductions and promotions. As businesses use more “levers” to influence demand, demand variability grows. What is Demand Sensing? .
Logility
SEPTEMBER 15, 2021
While new medicines and medical devices are designed using sophisticated digital technologies, many of today’s supply chains run in a landscape that’s part analog and part digital, with outdated tools that limit collaboration and visibility.
Supply Chain Shaman
AUGUST 21, 2015
The technology market is rife with unsubstantiated claims and myths. Each year, I publish a report analyzing the technologies in the S&OP space. I sent the report to technology vendors listed in the appendix with a deadline for feedback on factual accuracy for 5:00 PM EST on Wednesday. The technology choices are not black and white. New technology is evolving. Technologies natively written as Software as a Service (SaaS) solutions are entering the market.
Logistics Viewpoints
FEBRUARY 3, 2022
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising.
ToolsGroup
OCTOBER 25, 2016
Your forecasting or demand planning system says an SKU is “unforecastable” because demand is too small and intermittent. For most businesses, the “long tail”—low-volume items with irregular demand and many zero demand periods—is growing longer. This is because several trends are disaggregating demand into smaller buckets. More frequent replenishment —and more granular forecasting—leads to shorter time buckets with greater demand variability.
ToolsGroup
NOVEMBER 8, 2021
Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition.
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