Remove Demand Planning Remove Distribution Remove Metrics
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Can Improving Forecast Accuracy Address Our Demand Planning Woes?

Logistics Viewpoints

If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes? Gaining a better handle on demand is compelling, especially when recent sales history is often no longer a good predictor. So what can we do to make models more useful? A forecast is an input, not a decision.

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Managing Supply Chain Planning in the World of Scarcity

Supply Chain Shaman

The waste included: Negative Forecast Value Added (FVA) in demand planning. In 85% of organizations that I work with, conventional demand planning processes increase forecast error. This is amplified across the supply chain into an exponential impact on inventory and planned orders for manufacturing.

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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. The forecast generated by these algorithms degrades as the demand patterns evolve over time.

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Distributor Management – Top 5 Do’s and Don’ts for FMCG Principals

Enchange Supply Chain Consultancy

Do Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels. Regular reviews and joint business planning foster accountability and trust. Do Embrace Technology and Data : Use real-time data for demand forecasting, inventory management, and route optimization.

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Do You Really Understand What’s Driving Your Demand Planning Processes?

Logility

Descriptive, predictive and prescriptive analytics should be combined to optimize your demand planning processes. Better forecasting and demand planning processes, which in the past had been beset by low accuracy and poor adoption, were a priority. The A nalytics to B oost your Demand Planning.

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Demand Planning Software: Your Comprehensive Guide 

Logility

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. Here are our answers to some of the most common questions about demand planning software.

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Please Don’t AI Stupid

Supply Chain Shaman

Small companies outperform large companies, and the marquee customers of major supply chain planning technology providers underperform. The issue is that when companies optimize functional metrics, they throw the supply chain out of balance and sub-optimize value. Supply chain leaders love bright and shiny objects.