Supply Chain Shaman

MAY 26, 2023

Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Or a unified data model across source, make, and deliver for planning? TMS and DRP have little in common, and revenue management operates isolated from demand planning.) The So What And Who Cares? Stay tuned.

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Demand sensing method.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. They generated revenues of over $750 million in their last fiscal year.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Supply Chain Shaman

FEBRUARY 16, 2024

As a result, we need to throw away the conventional definitions of demand planning and S&OP. The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. Or mine supplier shifts to build alternate buying plans.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

Logility

AUGUST 12, 2021

Most companies understand that accurate forecasts are a critical part of minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

BlueYonder

APRIL 25, 2017

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. If they are directing the demand planning team, forecasts could be biased high. MERCHANDISING.

Supply and Demand 42

Supply and Demand Demand Planning Supply Chain Planning Software Supply Chain Planning 42

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. Let’s face a hard fact: the supply chain planning market is a mess. They center on how to make a good decision in the purchase of supply chain planning solutions.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 228

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? My response is “Hogwash.” By definition, this requires a global supply chain. A Need to Rethink Work.

Modeling 276

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

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. These functions include procurement, production planning, inventory management, logistics, and customer service. Procurement Specialist/Buyer Source and acquire materials or products needed for production.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Viewpoints

MARCH 29, 2021

They also have 20 sourcing locations across North America from which they can ship make to stock products. The sourcing centers are key to just-in-time, same-day, next-day deliveries. The sourcing centers shipped over 130,000,000 pounds of product last year. Making refractory products is complicated and challenging.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

BlueYonder

APRIL 25, 2017

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. If they are directing the demand planning team, forecasts could be biased high. MERCHANDISING.

Supply and Demand 40

Supply and Demand Demand Planning Supply Chain Planning Software Supply Chain Planning 40

Supply Chain Shaman

MAY 18, 2019

In parallel, the movement to global processes and the elongation of the long tail of planning increased complexity making modeling more difficult. Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning.

S&OP 176

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 176

Supply Chain Shaman

NOVEMBER 15, 2023

The models are too different to drive a clear signal from sales activity to demand planning in the supply chain. Align Transportation Planning and Distribution Requirements Planning (DRP). The lack of a clear determination of baseline forecasting (market demand with no demand shaping) makes this impossible.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. Francine has been an Interim (project) manager and senior business analyst with a track record in Operational Excellence, Process Design and Data Analysis.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

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

BlueYonder

OCTOBER 6, 2023

Our panel delved into the critical theme of “Bridging the gap between network planning and operational execution in production and service parts logistics.” Short-term visibility at the Purchase Order/ASN level is insufficient.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

SCMDOJO

JANUARY 17, 2024

Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our Demand Planning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

Logistics Viewpoints

SEPTEMBER 20, 2022

We need planning platforms to keep up with all the changes. This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations.

Supply Chain Planning Software 194

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

ThroughPut

MAY 13, 2022

Before getting into the forecasting models, it would be useful to define the three main components of demand forecasting. Demand forecasting by itself refers to the process of estimating the future demand for a product or service. This demand forecast in turn forms the basis for the overall demand plan.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Precoro

NOVEMBER 7, 2022

What different products or services does the staff need to purchase in order to produce pizza? Direct procurement , or direct spend , is the purchase of goods and services directly associated with the manufacturing of the company's final product. Typically, direct purchases are made in large quantities to get a bulk discount.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

crisp

JUNE 29, 2022

We have one source of truth, and that stems from Crisp.”. We have one source of truth, and that stems from Crisp.” ” Dan Capraun, Senior Manager of Strategy and Planning. We have one set of numbers to feed teams across finance, executive, demand planning, supply planning, and procurement.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Data 98

Logility

JANUARY 22, 2019

Planners need to contend with inconsistent consumer buying behavior, the need to satisfy multiple channels, complex sourcing options and proliferating “sub-seasons,” collections and assortments. Brand owners need a plan that uses both top-down and bottom-up inputs to create a “one-number plan” the entire organization can trust and use.

Supply Chain Design Software 113

Supply Chain Design Software Apparel Supply Chain Design Supply Chain Planning Software 113

Vanguard Software

SEPTEMBER 7, 2021

Four Reasons to Break Up with Excel and Move to Digital Supply Chain Planning. Omnichannel solutions continue to be in customer demand. Online, delivery, and curbside pick-up services continue in the winner’s circle over on-site shopping and purchase. So, too must we re-evaluate what it means to have a lean supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Predictive Analytics Software Demand Planning Software 52

Stord

APRIL 4, 2022

Integrated Order Management and Inventory Planning “Proper demand planning beyond replenishment plans. Today, customers look at their order volume from the past year, and then estimate an organic growth number to plan for the upcoming year (e.g., And what opportunities are being missed today? 2020 sales plus 20%).

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Analytics Software 78

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. According to a paper by Len Prokopets and Ramin Tabibzadeh from Archstone Consulting , initial sourcing transactions can yield a 5% savings.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. Lead times expanded even for domestic manufacturers because they sourced raw materials from overseas. 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

ThroughPut

MAY 13, 2022

Before getting into the forecasting models, it would be useful to define the three main components of demand forecasting. Demand forecasting by itself refers to the process of estimating the future demand for a product or service. This demand forecast in turn forms the basis for the overall demand plan.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Vanguard Software

MAY 4, 2021

However, there are quite a few ways to improve demand forecast accuracy. Here are seven ways to improve demand forecast accuracy for increased operational efficiency and profit. Breaking up with Excel: Digital Sales Planning Success with Concord Foods. Webinar: Register Now. Question and Communicate Assumptions.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

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. The Demand-Driven Journey Begins.

Demand Planning Software 245

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

BlueYonder

NOVEMBER 10, 2023

According to McKinsey , today’s B2B buyers are using up to 10 channels to conclude the buying process, from self-service portals to video and phone calls. Rebalance open demand based on defined allocation rules Resequence pending orders for optimal sourcing and reprioritization 4.

Manufacturing Procurement 82

Manufacturing Procurement Optimal Sourcing Real-time Visibility Demand Planning Software 82

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. The data sources and the types of data are exploding, if you look at it.

Supply Chain Planning Software 147

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

SYSPRO Smarter ERP

APRIL 4, 2024

Communication and collaboration are important to reduce the challenges of demand planning. This requires the sales, production, and purchasing functions to work together to manage demand effectively. From estimating to design to delivering a quality finish as a result of manufacturing excellence is vital.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

NOVEMBER 6, 2016

However, if the focus is on implementing technology quickly, the teams never refine the models to improve outcomes and build planning capabilities. The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance.

Supply Chain Planning Software 150

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

Supply Chain Shaman

JUNE 2, 2020

Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. Plan for disruption. Use new forms of open-source analytics to continually mine the market data to answer the questions in the face of uncertainty. The Many Shades of Gray.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 254

Kinaxis

MARCH 3, 2017

by Trevor Miles These were the words that popped out at me during an excellent presentation by Alex Brown of Xilinx during his keynote presentation. Source: [link]. Notice that the EOQ equation does not even consider the cost of transportation because it assumes it is a constant regardless of the quantity purchased.

Purchasing Skills 100

Purchasing Skills Forecasting Supply and Demand Optimal Sourcing 100

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