Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The planning team was defending the status quo without questioning current practices and how to improve them.) Starting to understand the issue with multi-tier demand planning?

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. While budgetary restrictions can stop you from taking advantage of volume discounts offered through bulk purchasing, holding too much inventory ties up cash flow that could be better used elsewhere in the business.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Logistics Viewpoints

SEPTEMBER 20, 2022

The MVP (Minimum Viable Product) version, set up to go live in multiple countries within three months, involves Demand Planners, Supply Planners, and Inventory Controllers with different access rights to monitor system-generated results. They can adjust quantities and generate supplier replenishment orders in PDF or Excel as needed.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Supply Chain Shaman

APRIL 15, 2015

Buying these solutions is far more complicated than is represented in a simple four-box quadrant. There is greater satisfaction with demand planning than supply. The fit of the data model to adequately reflect a feasible plan drives success. Lora thinks that we are never too old to learn or to push for excellence.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Logility

AUGUST 23, 2016

Most likely the company will still need to forecast raw materials, purchased components, and/or sub-assemblies to be able to meet customer demand. Another significant challenge is in finding and retaining demand planning expertise. Supply Chain Talent. Spreadsheet Sabotage. Dynamic Models.

Forecasting 100

Forecasting Forecasting Software Supply and Demand Inventory Reduction 100

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements. Many companies implemented demand management processes as a technology project. Everyone has a bias.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . A definite “no-no” for demand planners. Understanding and predicting demand in unpredictable times. Modern businesses have access to huge amounts of data so demand planning and forecasting should be easier. Historical data method.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Kinaxis

JUNE 30, 2017

There is omni-channel you can buy products anywhere, you can order stuff from your mobile phone and then get delivered to your home, and so on. In today’s world, with buy anywhere, pick up anywhere kind of paradigm, supply chains are a lot more complex. Then you do capacity planning, so on and so forth.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 147

Supply Chain Shaman

SEPTEMBER 3, 2015

Cycle stock is the most effectively managed through the successful implementation of production planning. Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. This planning technology is tricky to implement and many of the technologies are not up to the task.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. Let’s start with a clear definition of the terms: Demand Networks. Demand Sensing. Demand Shaping.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Supply Chain Shaman

AUGUST 26, 2015

The inherent buying patterns of consumers are also changing. Purchases in the center store of the grocery store are in decline, and apparel tastes are shifting. There has never been a better time to think about reduction of demand latency and using market signals to sense demand. So why have companies not done this?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Taulia

JULY 5, 2021

While the supplier maintains upstream lead times and visibility, the buyer’s main focus is the delivery of the material to its final destination for production, enabling the redeployment of resources into manufacturing, demand planning, sales, and other crucial areas. Suppliers also have their own balance sheet metrics to worry about.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

6 River Systems

AUGUST 19, 2020

Quantifiable performance indicators were always considered key metrics by supply chain executives. With the technology available today, companies can track goods from raw materials to the final products, even after the purchase cycle is complete and the products are delivered to end consumers.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck with inputs from the traditional processes of collaborative forecasting, and traditional definitions of demand planning, demand error and bias are high. First- and second-generation supply chain applications defined demand management based on order and shipment data. Orders do not represent market demand.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. Whomever this person might be, they are responsible for creating a supply plan in the S&OP process. Delivered on time and in full (DIFOT).

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. How accurate and effective is your demand planning?

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Supply Chain Trend

NOVEMBER 14, 2016

I therefore had to design and implement a brand new series of SAP enabled business processes I named ‘Demand Control’ which took the output of S&OP – a constrained demand plan – and monitored and controlled its execution all the way through supply and demand scheduling into order management, logistics and demand fulfilment.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Resource Reduction 60

Supply Chain Shaman

MARCH 21, 2022

Yet, few are willing to raise their hands and admit that current demand planning processes of forecasting based on order or shipments do not work. Let me give you an example, price management has nothing in common with demand planning, and Distribution Requirements Planning (DRP) has no commonality with transportation planning.

Modeling 276

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 276

Supply Chain Shaman

JULY 22, 2016

To move the product, the company discounted the cars to stimulate purchase. As we swim the river of demand, the goal is to match customer attributes with product attributes, and read markets quickly with little latency. Understanding the assumptions in the demand plan and run-out strategies is important to manage product obsolescence.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Unleashed

OCTOBER 14, 2020

Enterprise Resource Planning software (ERP), is an excellent tool for running the business as a whole due to its ability to integrate finances, human resources, suppliers, clients, inventory management, and manufacturing. ERPs are excellent for the following predominant reasons: Cask management. Demand planning.

Inventory Management Software 111

Inventory Management Software Demand Planning Software Supply Chain Network Software Forecasting Software 111

Logistics Viewpoints

JULY 18, 2022

Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. Getting the Most out of People.

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

Infosys Supply Chain Management

NOVEMBER 11, 2011

« The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities | Main | Factors Influencing Delivery Address Amendment » Demand Planning in CPG industry - Practising the Best Practices. First best practice is to set up the formal demand planning process in the organization.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Planning Supply and Demand Scenario Planning 22

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. This is a missionary buying market where taxonomies and technologies are not clear.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 154

Kinaxis

DECEMBER 12, 2017

When making discretionary purchases, I could look at my projection to make sure that if I made that purchase, I would have enough money in the bank, not only now, but at the end of the month when my mortgage and car loan came out. Then could I buy it? For me, this was game changing! What if I save my money this month?

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Planning 193

ShipBob

OCTOBER 24, 2022

Demand forecasting helps reduce risks and make efficient financial decisions that impact profit margins, cash flow, allocation of resources, opportunities for expansion, inventory accounting , operating costs, staffing, and overall spend. All strategic and operational plans are formulated around forecasting demand.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Supply Chain Shaman

JUNE 6, 2015

In the second act of supply chain planning–tightly integrated ERP to supply chain planning–I was an industry analyst. I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. I was a skeptic.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. 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. Shell operates as a single-instance of SAP Enterprise Resource Planning (ERP).

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

6 River Systems

DECEMBER 11, 2018

Planning tips to unify supply chains. Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. Logistics personnel and supplier management pointers.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

6 River Systems

JUNE 29, 2020

Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” Knibloe, COVID-19 and the Global Supply Chain , Supply & Demand Chain Executive; Twitter: @SDCExec 11. . ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Alloy

JANUARY 6, 2021

Both companies also provide excellent customer support. You can dynamically adjust layout, content, metrics and time dimensions, in real time. Users can evaluate the health of each point within the supply chain and understand how demand shifts impact upstream supply. Alloy and RSi both load granular and recent POS data.

Alloy 98

Alloy Supply Chain Planning Software Supply Chain Design Software Analytics Software 98

Supply Chain Shaman

AUGUST 3, 2016

I can count the number of companies that are good at supply chain planning on one hand. I find most companies are good at pockets of planning–demand planning, supply planning, transportation planning, material planning or plant scheduling, but the flows are not connected.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150

Supply Chain Shaman

SEPTEMBER 13, 2021

For example, Distribution Requirements Planning (DRP) has very little to do with Transportation Planning (TMS). Revenue Management and Demand Planning do not align on market potential or baseline demand. Orders do not represent market demand for many reasons that are beyond the scope of this post.)

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195