Quick Start Guide to Using Machine Learning for Demand Planning

ToolsGroup

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g.

Should You Outsource Demand Planning?

ToolsGroup

But now they have started outsourcing supply chain business processes like demand planning, allowing them to focus on other business processes while gaining access to world class capabilities. Is the demand planner talent pool deep enough internally or through acquisition and training?

The Importance of Demand Planning

Logility

With increasing frequency, I have noticed blog posts touting the position that ‘demand planning is dead.’ Their solution: by sensing and reacting to customer demand at the point of purchase there is no longer a need for projecting demand based on history.

Demand Planning Apps Top Supply Chain Planning Machine Learning

ToolsGroup

Gartner recently polled both users and vendors on which supply chain planning (SCP) applications are employing machine learning and in three different analysis, demand planning and demand forecasting came out top of the list. Supply planning came in second.

How to Build a Collaborative Global Demand Planning

Arkieva

How global businesses can build a collaborative demand planning process How to Build a Collaborative Global Demand Planning was first posted on June 26, 2018 at 8:48 am. ©2017 Demand Planning Forecasting demand planning methods demand planning process flow demand planning process model demand planning tools demand planning training difference between demand planning and forecasting

How demand planning can quench our thirst for beer

Kinaxis

The bottle shortage impacts smaller, family-owned-and-operated breweries like Moritz Fiege more significantly than larger brew houses, especially when you consider that they’ve ramped up production in an attempt to meet the hot summer’s demand.

Get your demand planning and forecasting game on

Kinaxis

by Alexa Cheater Outplay your competition with a smarter, stronger demand planning strategy. Customer demands are changing. So why isn’t your demand planning strategy? You’ll be better equipped to meet shifting demand. Supply chain management Demand plannin

Practical Use of Artificial Intelligence in Demand Planning

Vanguard Software

But, how can these tech developments be used in a real-world planning environment? Demand Planning Supply ChainThe time of Artificial Intelligence and Machine Learning is now.

Developing the Necessary Skills for Successful Demand Planning

CHAINalytics

Forecasting market demand and the subsequent materials supply required to fulfill that demand remains incredibly challenging for supply chain professionals despite advances in data analytics and the wide variety of technology solutions designed to support supply chain planning processes.

Challenges with Excel When Building a Demand Planning Process

Arkieva

Challenges with Excel When Building a Demand Planning Process was first posted on February 19, 2019 at 7:42 am. ©2017 Demand Planning demand forecasting examples excel demand planning tools forecasting call volume in excel free demand planning excel template inventory forecasting excel template sales inventory operations planning excel template supply and demand excel template supply chain planning excel

Demand Planning – We Must Grow our own Garden

DynaSys

These are the metrics a demand planner needs to know and understand to confirm their assumptions. All these pieces of information are key for the demand planner. for the demand planner. In my backyard I have a garden where I grow fruits and vegetables.

Is Statistical Forecasting Making Your Demand Plan Better or Worse?

CHAINalytics

By Pekka Hakkinen | Principal | Chainalytics Demand planning is the first and perhaps most-important planning phase in any end-to-end sales and operations planning (S&OP) process. But the demand planning phase is typically the most challenging, since … The post Is Statistical Forecasting Making Your Demand Plan Better or Worse?

Top 10 Demand Planning Metrics You Should Have on Your Dashboard [Infographic]

Arkieva

To stay ahead of the curve, effective demand planners must track the right metrics that can help curtail possible demand planning issues ahead of time. Top 10 Demand Planning Metrics You Should Have on Your Dashboard [Infographic] was first posted on January 29, 2019 at 2:07 pm. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

The ‘Secret Sauce’ to Improving Demand Planning

Arkieva

How do you get the sense of what works for demand planning? Related Webinar: How to Use Predictive Analytics to Drive Sales & Delight Your Customers ] Improving Demand Planning. The ‘secret sauce’ concept to demand planning is a little bit trickier.

Outgrowing Excel? Here’s How to Create a Centralized Demand Planning Process

Arkieva

Demand Planning directly affects the business financial plan, pricing, capex decisions, customer segmentation and resource allocation. Considering the criticality and implication of this process, Demand Planners and Managers need to continually evaluate their current Demand Planning process and ensure that the Demand Plan generated is holistic, relevant and timely.

The 5 Promises of Demand Planning: Does Your Current Software Solution Deliver?

OneSCM

This is why Demand Planning – or business forecasting – is essential to the survival of supply chain organizations. In other words, one missing data set can skew Demand Planning forecasts for the next five years. Increased business plan stability.

Using Demand Planning Statistical Models to Enhance Your Sales Forecasts

Arkieva

How to use demand planning statistical models to enhance the value of your sales input during the forecasting process. Using Demand Planning Statistical Models to Enhance Your Sales Forecasts was first posted on September 5, 2018 at 12:27 pm. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Quick Start Guide to Using Machine Learning for Demand Planning

Brookes Supply Chain Planning Blog

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. Demand Planning

Why Demand Planning Matters

ModusLink Corporation

You may have seen that this week ModusLink launched our Enhanced Planning and Integrated Collaboration tool, EPIC. The post Why Demand Planning Matters appeared first on ModusLink Global Solutions.

Should You Outsource Demand Planning?

Brookes Supply Chain Planning Blog

But now they have started outsourcing supply chain business processes like demand planning, allowing them to focus on other business processes while gaining access to world class capabilities. Supply Chain Planning

The 5 Promises of Demand Planning: Does Your Current Software Solution Deliver?

OneSCM

This is why Demand Planning – or business forecasting – is essential to the survival of supply chain organizations. In other words, one missing data set can skew Demand Planning forecasts for the next five years. Increased business plan stability.

The 5 Promises of Demand Planning: Does Your Current Software Solution Deliver?

OneSCM

This is why Demand Planning – or business forecasting – is essential to the survival of supply chain organizations. ” In other words, one missing data set can skew Demand Planning forecasts for the next five years. Increased business plan stability.

When Demand Planning Goes Wrong: Lessons Learned from United Airlines Overbooking Issue

Arkieva

What demand planning lessons can we learn from the recent United Airlines Overbooking Issue? When Demand Planning Goes Wrong: Lessons Learned from United Airlines Overbooking Issue was first posted on April 17, 2017 at 11:10 am. ©2017

Arkieva COO Shapes Discussion on Demand Planning in the Bioscience & Pharmaceutical Industries

Arkieva

Changing market conditions makes demand planning in the bioscience and pharmaceutical industries highly critical. More accurate demand planning and forecasting is required for achieving overall business objectives in the areas of growth and operational efficiency.

Forecasting vs. Demand Planning

Supply Chain Action Blog

Often, the terms, “forecasting” and “demand planning”, are used interchangeably. . As a component of demand planning, forecasting is necessary, but not sufficient. Demand planning is that process by which a business anticipates market requirements. . High volume, high variability will be difficult to forecast and may require a sophisticated approach to safety stock planning.

4 Ways Sonus Improved Demand Planning and Reduced Inventory by 20%

Kinaxis

by Alexa Cheater Struggling with the reality of not being able to easily consolidate data, global telecommunications company Sonus Networks was dealing with delays in understanding the impact of changes to its supply chain plans.

How Do Key Market Trends Impact Your Demand Planning?

Demand Solutions

That’s exactly what I thought of The Hackett Group’s recent article, “ Demand Planning Optimization – Three Key Steps to Unlocking the True Value of Your Supply Chain.” Know key market trends and their impact on the quality of demand planning.

How Do Key Market Trends Impact Your Demand Planning?

Demand Solutions

That’s exactly what I thought of The Hackett Group’s recent article, “ Demand Planning Optimization – Three Key Steps to Unlocking the True Value of Your Supply Chain.” Know key market trends and their impact on the quality of demand planning.

How does Demand Sensing differ from Forecasting for Demand Planning?

Halo

The promise of Demand Sensing is that we can do a better job of anticipating and planning for short-term changes in demand. For today’s supply chain planner, the art and especially the science of forecasting demand have evolved. The goal of Demand Sensing.

Demand Planning Survey Shines Light on Supply Chain Attitudes

Logility

Is Demand Planning just a stepping stone? Dan Gilmore at Supply Chain Digest has some interesting survey numbers that may light a fire under some demand planning teams. Let us know how your organization values its planning function.

Update on Forecasting vs. Demand Planning

Supply Chain Action Blog

Often, the terms, “forecasting” and “demand planning”, are used interchangeably. . As a component of demand planning, forecasting is necessary, but not sufficient. Demand planning is that process by which a business anticipates market requirements. . High volume, high variability will be difficult to forecast and may require a sophisticated approach to safety stock planning.

A Five-Step Approach to Effective Demand Planning Implementation

Arkieva

Good handling of market demand data is one of the most vital concepts in any supply chain. The correct management of demand information can greatly influence the level of integration and responsiveness, and has a direct impact on customer service and inventory levels.

The definitive guide to demand planning

TradeGecko

Effective demand forecasting and demand planning are key to the longevity of wholesale and retail businesses alike. We look at some of the major aspects of the demand planning process and how they impact the entire supply chain.

Where, Oh Where Should Demand Planning Go?

Supply Chain Nation

Now that we’ve established that forecasting is important , you know what your demand planning organization is going to do and how you plan to structure it , here we’ll address where to put it. Demand planning can work well within a number of organizations as long as they can be incented, connected appropriately and can manage the group well. If they are directing the demand planning team, forecasts could be biased high.

Structuring Your Demand Planning Group to Make its Greatest Contribution

Supply Chain Nation

Whether you are contemplating creating a demand planning group within your company, or questioning whether your current demand planning is as functional as possible, Part 2 of this 4-part series is aimed to help you navigate the hurdles of structuring your organization and its supported processes, so as to ensure your demand planning group is established and organized for its greatest chance of success. Demand Planning Supported Processes.