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
In any business or trade you need the right tools for the job, and the supplychain business is no different. At every level of supplychain expertise and competitive differentiation you use certain tools, and seek others to move to the next level. He calls this the Scotch tape of supplychainplanning.
This article is a shortened version of themes & topics discussed in our newest DemandPlanning Core White Paper. Demandplanning has long been a requisite of supplychain management, but in a modern, high-speed environment, it’s become something more: a strategic lever for agility, and competitive advantage.
A proof of concept (POC) is an increasingly common method to select the best supplychainsoftware vendor for your company, yet many supplychain practitioners still lean on the traditional RFI (request for information) tool. Software selection is risky. Seven Ways RFIs Fall Short. 4 Too generic.
At the end of a long day of a strategy session on supplychain excellence with a client, I needed to fill up some time in an agenda. The genesis of the River of Demand learning activity. Over the last decade, I find fewer and fewer companies understand supplychainplanning. Navigating the River of Demand.
(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 demandplanning features. allowing companies to tightly align sales forecasts with inventory replenishment plans.
Mars has been on a journey to transform their digital supplychain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supplychain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supplychain mean for us?”
If you want to gain more supplychain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supplychain analytics books to help you better understand the concepts and strategies behind this vital business field.
As someone deeply invested in the field of supplychain management, I’ve had the opportunity to explore and interact with various learning platforms throughout my career. It is an all-encompassing platform designed to offer more practical value for supplychain professionals.
As someone deeply invested in the field of supplychain management, I’ve had the opportunity to explore and interact with various learning platforms throughout my career. It is an all-encompassing platform designed to offer more practical value for supplychain professionals.
As a former Director of SupplyChain Management for a multi-national, multi-channel food manufacturer, I experienced first-hand the variety of challenging problems faced by supplychain planners in the unforgiving Food and Beverage Industry. As the first person with a title of supplychain management at a $2.5B
In today’s volatile global trade landscape, enterprises face ongoing pressure to optimize their supplychain operations. Rising costs, geopolitical tensions, and tariffs demand a strategic and holistic approach to maintain profitability and competitive advantage. In addition, you need to periodically repeat this exercise.
One of the favorite parts of my job is teaching classes on how to take supplychain concepts to the next level to improve corporate performance. I love helping people to see supplychain concepts differently. Both move the supplychain design from inside-out to outside-in. Companies are not good at demand.
The supplychain conference offers two full days of networking, inspiring keynotes, informative general sessions and a variety of breakouts delivered by customers, product experts and partners. Last post, I touched on the top five reasons to attend the conference: Supplychain stories that inspire.
The global economy runs on efficient supplychains. But with ever-increasing complexity, skilled professionals are more in demand than ever. The SCMDOJO SupplyChain Track offers a comprehensive supplychain training program to equip you with the knowledge and skills to excel in this dynamic field.
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 demandplanning improvements. Demand volatility is the other part and it is quite likely growing.
And, from my findings working in the supplychain industry for 30 years with over 1,000 clients, the forecast foundation should handle slow, lumpy, long tail, seasonal, trending, promotional, causal, and new items. How do you automatedemandplanning decisions?
It’s increasingly difficult to forecast demand accurately in today’s volatile, disrupted environment. Smart planning teams are turning to artificial intelligence. Has there ever been a more challenging time to accurately predict demand? Because change is difficult. How is this accomplished? How is this accomplished?
When a crisis hits, having the right advanced analytics to react to supplychain disruptions in food and beverage is your best defense. It will never be easier to convince company leaders that a resilient supplychain is critical. First, know how your supplychain data influences your company’s financial performance.
Supplychain optimization has never been more essential to overall business success than it is today. A study by Bank of America Global Research, cited by Reuters , found that mentions of “supplychain” increased by 412% in third-quarter earnings calls hosted by Fortune 500 companies this year, compared to 2020.
The onset of COVID and the rapidly changing environment of a pandemic-hit world has meant demandplanning has become more difficult – and as a result, more critical – than ever. What is demandplanning? Demandplanning is the process of predicting what customer demand will be for a certain product.
As a former Director of SupplyChain Management for a large multi-channel food manufacturer I experienced first-hand the variety of challenging problems faced by supplychain planners in the unforgiving F&B industry. The F&B supplychain is complex. I could keep going but you get the idea.
” As a 40+ year amateur musician and a supplychain professional for the past 25 years I couldn’t help thinking about the similarities between music and supplychain management and how each of these is a combination of both art and science. In its most basic state, music is a mathematics-based language.
Earlier in the day, demandplanning was a guessing game that relied more on intuition, instinct, and inclination. Companies that leveraged the data they collected to enable more accurate demandplanning, distinguished themselves from their competitors. Why do you need new-age demand sensing to solve modern problems?
by Melissa Clow Our partner Celestica recently published the following article, ‘What If You Could Take The Guesswork Out Of Forecast Planning?’. Demandplanning has a big impact on business performance. Planning error can put revenue at risk by driving component shortages. Why is planning necessary?
Transformation isn’t just about technology – it’s about leadership, culture, and execution. Communication: Aligning Business and TechnologyTechnology isn’t the bottleneck. For telecom, this translates into: AI-powered forecasting : Aligning marketing, supplychain, and network teams with a single source of truth.
Achieving any kind of business and operational efficiency is possible only when you lead plans by demand. However, demandplanning is a complex function and ineffective demandplanning can spell doom in the modern commercial world. So, what is demandplanning ?
If you were to tell me that your company had never looked at its supplychain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supplychain cost reduction, I wouldn’t be surprised at all.
The exercise, however, provided me with a great list of reminders of what I heard and learned at the conference, which I will share with you today. Brooks Brothers: “SAP is our internal ERP system, @GTNexus is our external (supplychain) ERP system” #Bridges2015 #logistics #SCM. billion items scanned and packed.
Time travel still only exists in science fiction; however, if I could go back, based on what I know today, I can think of a few supplychain-related things I would have done differently when I was implementing and running sales and operation planning processes ( S&OP ). I know it can happen because it happened to me.
With today’s growing cost pressures and increasingly complex supplychains , quick fixes no longer cut it. Examples include office supplies, IT infrastructure, and facilities. Trends and innovations: What new technologies, services, or models could change the game? How competitive is the market?
” The NDIS focuses on four key elements: supplychain resilience, workforce readiness, flexible acquisition, and economic deterrents. Flexibility : The NDIS emphasizes the importance of supplychain visibility to manage disruptions proactively, aggressively, and systematically. This does not exist today.
Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. The SupplyChain Head. Why S&OP Needs a Lot of Human Investment.
I recently had the opportunity to contribute an article, S&OP Vacation, to the Winter 2017 edition of SupplyChain World magazine 1 about the sales and operations planning process. Some think of S&OP as tactical demandplanning; others think of it as a purely tactical demand-supply matching.
Financial benefits are shrinking with each round of cuts that are made and expansion exercises require massive investments. It’s time to rethink pricing processes and technologies to maximize revenue, increase margins and return to profit. In the long run, however, these measures are unsustainable. This is key in maximizing revenue.
Organizations have toacknowledge and counter multiple elements at the same time while also having to focus on workers’ safety and safeguarding its operational efficiency in these times where the supplychain is witnessing a consequential instability. The following sections analyze key issues that can help in supplychain management.
Top 5 takeaways from the 2019 Gartner SupplyChain Conference A few weeks ago, many members of Alloy’s team were in Phoenix attending the Gartner SupplyChain Executive Conference and hosting attendees at our annual conference dinner. days of learning, networking, and getting the latest scoop on supplychain tech.
The following is a continuation of a supplychaintechnology thought leadership education series developed in collaboration with Replan. Such an environment requires manufacturing and supplychain processes to be able to more proactively sense, pivot and respond to market changes.
Demandplanning can be hard—really hard. Here are the top 5 challenges that demand planners face. Creating a demandplan means consolidating information from multiple teams to get key information like sales activity or promotion information. Collecting key information is a weekly ‘cat-herding’ exercise.
Supplychains stretch from sourcing to the final product. Supplychains play a fundamental role in everything we experience, including the food we eat, the products we can’t live without, and even the virtual experiences of today’s digital world. . Integrating the o9 Digital Brain with Azure.
Technology Services. SupplyChain Management. The Infosys global supplychain management blog enables leaner supplychains through process and IT related interventions. Discuss the latest trends and solutions across the supplychain management landscape. Publishing Resources Industries.
I recently had the opportunity to contribute an article, S&OP Vacation, to the Winter 2017 edition of SupplyChain World magazine 1 about the sales and operations planning process. Some think of S&OP as tactical demandplanning; others think of it as a purely tactical demand-supply matching.
Technology Services. SupplyChain Management. The Infosys global supplychain management blog enables leaner supplychains through process and IT related interventions. Discuss the latest trends and solutions across the supplychain management landscape. Publishing Resources Industries.
Sales and Operations Planning (S&OP) is a critical business process instrumental to realizing continued growth in any industry. To ensure alignment between business goals and operational plans as well as optimal business performance, it’s essential to get S&OP right. Just configure the software and you’re ready to go.
To get some answers for S&OP practitioners, Niels van Hove founder of SupplyChain Trend, interviewed a group of S&OP leaders. For the next 6 weeks SupplyChain Trend will publish a weekly Q&A with these S&OP leaders. SupplyChain Trend: Can you describe your first involvement in S&OP?
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