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.

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

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 more “aha” moments in your S&OP Meetings

Operations Planning. Software Sales & Operations Planning Industry Report 2 About AIMMS AIMMS is a forward thinking platform provider democratizing the. Operations Planning process with the added benefit of sophisticated. plan based on sales forecasts.

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

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

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.

Theory & Practice (Demand Planning)

The Network Effect

In supply chain planning there are many theories. Consider Forecasting, or Demand Planning as an example. I don’t know about you but I’ve been awfully impressed with the theories I hear a variety of experts talking about when it comes to demand planning.

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.

Real time analytics for your S&OP Meetings?

Operations Planning. Software Sales & Operations Planning Industry Report 2 About AIMMS AIMMS is a forward thinking platform provider democratizing the. Operations Planning process with the added benefit of sophisticated. plan based on sales forecasts.

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 ‘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.

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?

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.

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

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

Take Supply Chain

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.

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.

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.

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

Take Supply Chain

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.

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.

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 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.

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.

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.

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.

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.

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.

Should My Organization Have a Demand Planning Group?

Supply Chain Nation

As supply chains get more complex in response to omni-channel pressures, most companies are realizing the ever-increasing importance of having one quality view of demand across functions. The demand plan drives the supply chain in many companies, so your demand planning organization not only needs to be expert at using the latest forecasting tools, they’ll need to be able to collaborate with many parts of your company to bring key business intelligence insights needed into the demand plan.

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.

Cross Purposes: Does demand planning belong with merchandising or supply chain?

The Network Effect

Then I proceeded to describe the differences in skill sets, business relationships and aptitudes between a Demand Planner and a Supply Planner. Who does the Demand Planning group report to?”. So should the Demand Planning function reside within Merchandising or Supply Chain?

Demand Planning Survey Shines Light on Supply Chain Attitudes

Logility

Building A Demand Planning Group: Roles and Skillsets to Consider

Supply Chain Nation

Once you’ve decided your company will create a demand planning group and have determined what processes your organization will support , you can decide how to structure and staff it. As discussed in Part 2, there may be other functions combined with demand planning in your group. Technical/forecasting: This role requires a great understanding of the forecasting algorithms, parameters and reporting supporting the demand planning organization.