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Reactive to Resilient: Future-Proofing Supply Chains with Intelligent Demand Planning

o9 Solutions

This article is a shortened version of themes & topics discussed in our newest Demand Planning Core White Paper. Demand planning 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.

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Netsuite Expands Cloud-Based Inventory Management with New Demand Planning Capabilities

Supply Chain Network

(NYSE: N), the industry’s leading provider of cloud-based financials / ERP software suites, today (June 7th) announced that the company has extended its cloud -based business management suite with new demand planning features. allowing companies to tightly align sales forecasts with inventory replenishment plans.

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Navigating The River of Demand

Supply Chain Shaman

Through a series of meetings to drive consensus, the team degraded the quality of the demand plan by 27%. (In The company had a team of 25 demand planners, spent 10M$ on the roll-out of a planning system, and was being courted by multiple consultants to implement a new demand planning technology.

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Gartner's Five Stages of Supply Chain Planning Technology Maturity

ToolsGroup

They want to standardize and achieve consistency around demand planning by implementing best practices and using demand histories for better forecasting. The tool for this job, he says, is typically commercially available demand planning software. They want higher-fidelity plans. Demand Planning.

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Why a Software Proof of Concept (POC) Is Better than an RFI

ToolsGroup

In the same way, using an RFI as a way to “narrow the field” of potential planning vendors may overlook–or eliminate–your best-fit solution. Solid online research and structured interviews with potential vendors are a better way to accomplish that initial shortlisting exercise. #5 5 Blind spots.

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Building a Business Case for Improved Demand Forecasting

ToolsGroup

Use benchmarking to identify gaps and opportunities in demand forecast capabilities - Gartner says that you can make your business case more compelling by demonstrating the gains others have won through demand planning improvements. 2% reduction in transportation costs (percent of sales).

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What is Demand Planning

DynaSys

Demand planning helps ensure deliverability and satisfaction of your customers through a supply chain management process of forecasting and predicting demand. Also, there are many factors that influence demand, which are knowns like customer’s sale cycles and seasonal orders. Why is demand planning important?