This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Over the last two years, I actively engaged technologists and business leaders to redefine demandplanning. In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI. Go to the source. The reason?
A New Era of DemandPlanning White Paper Learn more about these new demand models in this whitepaper. Download Now AI Solutions for Complex DemandPlanning For supply chain professionals, managing demand involves analyzing multiple signals from diverse sources.
Demandplanning engines have natural feedback loops that allow the forecast engine to learn. Since ML began being used in demand forecasting in the early 2000s, ML has helped greatly increase the breadth and depth of forecasting. The forecast can be compared to what actually shipped or sold.
Anyone who has done demandplanning 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. Data Variety The more different types of data sources you factor in (e.g.
At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software. In modern distribution networks, meeting service levels requires getting precisely the right inventory to the right locations at the right time.
Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.
The waste included: Negative Forecast Value Added (FVA) in demandplanning. In 85% of organizations that I work with, conventional demandplanning processes increase forecast error. This is amplified across the supply chain into an exponential impact on inventory and planned orders for manufacturing. Most likely.
Companies must harness a wide variety of data structures and formats, spanning internal and external sources. For example, an AI agent can detect an issue in a regional distribution center and evaluate its impact across the global network, providing planners tailored recommendations to address the disruption.
Your distribution network spans multiple locations. And demand patterns are highly unpredictable. With multi-echelon networks, supplier uncertainty, multiyear product lifecycles, and reverse logistics channels , aftermarket supply chains exceed the capabilities of traditional planning tools. The outcome?
Your distribution network spans multiple locations. And demand patterns are highly unpredictable. With multi-echelon networks, supplier uncertainty, multiyear product lifecycles, and reverse logistics channels , aftermarket supply chains exceed the capabilities of traditional planning tools. The outcome?
This article is a shortened version of themes & topics discussed in our newest DemandPlanning Core White Paper. Demandplanning has long been a requisite of supply chain management, but in a modern, high-speed environment, it’s become something more: a strategic lever for agility, and competitive advantage.
We have not designed the planning systems to serve managers, directors, and vice presidents, aiming to improve decision-making and collaboration across the source, make, and deliver processes. This could all change if we discard our current definitions of supply chain planning and start anew. In short, don’t AI stupid.
Supply chain was defined in 1982 as interoperability between source, make and deliver. It includes hedging strategies, alternate bill of materials, supplier sourcing strategies, changing routs to market, redesigning push/pull decoupling points, demand shaping policies, and use of outsourced manufacturing and distribution.
HEINEKEN showcases its outstanding demandplanning results With over 700 attendees, the Gartner Supply Chain Planning Summit was a great opportunity to meet with other planning professionals, discuss our common challenges around intelligent planning, learn from industry thought leaders and hear some truly impressive customer success stories.
Translation of the demand forecast into planned orders to minimize manufacturing constraints. Use of optimization to consume planned orders into manufacturing scheduling and distribution requirements planning (including inventory optimization of safety stock). Be careful about the gaps.
Explore the capabilities below to see how, with the release of v8.60, ToolsGroup has further improved its ability to drive decision making at the speed of business and deliver supply chain agility and resilience with expanded dynamic demandplanning capabilities across the board.
Image: iStock/JuSun June 18, 2025 Helen Atkinson, Managing Editor “The future is already here; it’s just not evenly distributed,” wrote William Gibson in his 1984 novel Neuromancer.
Then Jabil handles the sourcing and manufacturing of those products. Jabil then often also takes care of the packaging and final distribution of products for their clients. Tymon’s contribution to Jabil’s offerings is a service line known as ‘planning-as-a-service.’. They are sourcing from over 27,000 suppliers.
A recent survey of demand planners’ concerns and day-to-day experiences sheds light on the challenges faced by planning teams today and highlights the pressing need for innovative solutions to solve for them. By consolidating data sources and providing a user-friendly interface, it enhances overall efficiency and accuracy.
At a high level, procurement focuses on sourcing the goods and services an organization needs, while supply chain management oversees the broader flow of those goods, from raw materials to end customers. Supply Chain Management (SCM) involves orchestrating a product’s or service’s entire lifecycle, from sourcing and production to delivery.
Multiple manufacturers, multiple relationships, multiple distribution models, multiple contracts. These complexities, layered with globalization, shorter product life cycles , and associated volatility in demandplanning, has produced the most dynamic supply chain landscape we have ever experienced.
Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.
This includes suppliers, logistics providers, sales, and fulfillment locations/channels supporting autonomous planning decisions that take data flowing from various internal and external sources into account. It provides a single source of truth with visibility and analytics based on the same data. and Europe. Yosun holds B.S.
In this article, the second of the series analyzing the impact of COVID – 19 on demandplanning (find here the first one), you will find a list of actions demand planners can do to correct and clean COVID’s impact on demand. The post DemandPlanning Against COVID-19: The Impact appeared first on QAD Dynasys Blog.
The company sources goods from 34,000 suppliers out of 30 nations. The goods flow through 2 import centers, 14 strategically located distribution centers in North America, 66 final mile shipping hubs, and nearly 1,700 branch locations. million square feet in 10 distribution centers and 35 million square feet across its branch network.
Companies must harness a wide variety of data structures and formats, spanning internal and external sources. For example, an AI agent can detect an issue in a regional distribution center and evaluate its impact across the global network, providing planners tailored recommendations to address the disruption.
Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Smart planning alleviates risk of distribution supply uncertainty. Here are four tactics planners can use now to get ahead.
These emissions span every link in the supply chain, from upstream farming to downstream distribution, creating a complex and often fragmented data landscape.Yet more than half of companies still rely on spreadsheets and manual tools to navigate this complexity. These outdated methods are inefficient, error-prone, and difficult to scale.
This is combined with data from external sources on weather, logistics lead times, and sustainability performance. They are designed to have minimal impact on the performance of the underlying source systems. Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis.
Effective DemandPlanning and Forecasting Accurate demand forecasting is the cornerstone of a resilient supply chain. By leveraging data analytics, businesses can better anticipate customer demand, optimize production schedules, and avoid both stockouts and overstocking.
To all of my supply chain, demandplanning, and forecasting friends who found the year challenging (if not traumatic), rest assured: You were not alone then – and you’re not alone now. It’s time to re-think how our products are manufactured and distributed. Lesson #2: Finding solutions in warehouses and distribution centers. “We
What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Let’s start by considering the common definitions that are used for each of Logistics and Distribution. Distribution. ” [link].
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . These data sources are often spread across multiple platforms and come in various formats.
The Company operates eighteen manufacturing facilities, nine distribution centers located throughout North and Central America. They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. That, I commented, was a very fast implementation.
A rise in nearshoring and away from single-source dependency The pandemic was a wake-up call that exposed the fragility of globally interconnected supply chains and the risks of over-reliance on distant suppliers and single-source strategies. 3 long term changes to the supply chain 1.
For effective, accurate real-time demand sensing and forecasting, you need cross-functional visibility and actionable insights across the entire length of the supply chain as it forms the backbone of all business operations. In Sourcing: How well are your vendors integrated into your network? For example, you need to know: 1.
MARCH 2023 – ToolsGroup earned a Higher Performer badge in G2’s DemandPlanning Grid® – G2’s scoring criteria is that products shown on the Grid® for DemandPlanning have received a minimum of 10 reviews/ratings in data gathered by March 07, 2023.
According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures. DCH then generates statistics that weight different data sources according to the level of accuracy they contribute. Franke was facing all three.
This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demandplanning. Staying competitive in this intense landscape demands finely tuned operations that are highly efficient and effective – from product concept to customer consumption.
For Greater Product Performance Visibility and Improved Sales & DemandPlanning Consumer Packaged Goods (CPG) manufacturers operate in an increasingly competitive environment, where the ability to access and analyze timely, accurate data can make or break a company’s success.
Sure, we’re concerned, and in some cases stocking more inventory at local distribution centers. But, we continue to see the trend as a sales and/or a demandplanning issue; something where we need better visibility to real time demand or a finer cut of demand signals.
While I am advocating rethinking supply chain planning, for some consultants, the only path forward is the adoption of DDRMP. No matter what I write on demandplanning, the response is to blindly deploy DDMRP. The Lokad approach assumes that demand data is not a normal distribution. Conclusion.
Advertise Contact Us Supplier Directory SCB YouTube About Us Login Subscribe Logout My Profile LOGISTICS Air Cargo All Logistics Facility Location Planning Freight Forwarding/Customs Brokerage Global Gateways Global Logistics Last Mile Delivery Logistics Outsourcing LTL/Truckload Services Ocean Transportation Parcel & Express Rail & Intermodal (..)
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content