ToolsGroup

MAY 1, 2018

Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 leaving money on the table due to poor inventory performance. Additionally, they invest in technologies that combine inputs from various internal sources into the forecast.

Gartner 180

Gartner Supply and Demand Optimal Sourcing Forecasting 180

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Businesses around the world are pondering upon these questions and each of them leads to a simple answer – effective supply chain demand planning and forecasting. Understanding and predicting demand in unpredictable times .

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

ToolsGroup

NOVEMBER 7, 2017

Stage 3 is where firms coordinate their supply chain processes—shifting concentration from functional capabilities to end-to-end processing for more planning visibility across the wider chain. For example, MEIO enables inventory policy to accurately reflect all the sources of demand and supply variability across the enterprise chain.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 168

Logility

APRIL 23, 2020

Take a data asset inventory. Once the project is defined, it is critical that an inventory of all data assets is taken. Answering the questions that the business has may require gathering additional data, purchasing data from third parties, or reformatting existing data sources. You may also like this ebook. Manage the model.

Forecasting 148

Forecasting Forecasting Software How To Procurement Analytics 148

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Synovos

FEBRUARY 21, 2023

From balancing costs to reliability, sourcing the right PPE to developing maintenance strategies, data on total cost of ownership to evidence of Environmental, Social and Corporate Governance (ESG), their concerns represent both longstanding issues and newer ones. The war in Ukraine has now exacerbated this problem.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

AIMMS

NOVEMBER 12, 2015

Source: Oliver Wight. When applied to S&OP and IBP, modeling and optimization enable you to balance out scenarios and perform what-if analyses so you can analyze how these different scenarios will affect your inventory and/or cost. .* But how does it work in practice? Should we increase our inventory?

Optimal Sourcing 156

Optimal Sourcing Modeling Optimization Modeling Modeling Software 156

Logility

MAY 26, 2022

Demand constraints create financial risks as well as environmental problems. • 25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. The resulting fluctuation in demand is amplified for vendors upstream in the supply chain in a phenomenon called the bullwhip effect.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Logistics Viewpoints

APRIL 3, 2023

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. If there is not enough inventory to meet the demands of all the customers, which customers does a company prioritize?

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

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. Integrate the Three Steps into a Sales & Operations Planning Process. Apparel is an exciting and rapidly changing industry.

Supply Chain Design Software 113

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

Logistics Viewpoints

JUNE 26, 2023

But how to do this was very ambiguous. Kinaxis is a proponent of using network planners for both supply and demand planning rather than having the planners operate in silos. Mars Wrigley was particularly interested in working with a SCP supplier that could integrate artificial intelligence (AI) to support demand sensing.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 208

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Improved Customer Satisfaction A structured department is better equipped to handle customer demands. Analyzes data to predict future inventory requirements and avoid stockouts.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 78

Kinaxis

MARCH 25, 2015

by Alexa Cheater Our partner Celestica recently published the following article, ‘ Is your company being held hostage by poor inventory performance? ’ Poor inventory performance can create a significant obstacle to growth and profitability. Visibility allows you to see precisely how much inventory you have and where.

Optimal Sourcing 100

Optimal Sourcing Inventory Reduction Modeling Inventory 100

Supply Chain Shaman

FEBRUARY 16, 2024

As a result, we need to throw away the conventional definitions of demand planning and S&OP. How so, you might say? The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. Sensing and Proactive Alerting.

Supply Chain Planning Software 398

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 398

ToolsGroup

JULY 11, 2019

Nowadays everyone’s writing and speaking about supply chain complexity , but not many are talking about how to turn around all that complexity and variability for business advantage. According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures.

Supply Chain Planning Software 223

Supply Chain Planning Software Optimal Sourcing Forecasting Software Optimization Software 223

ToolsGroup

OCTOBER 3, 2022

How to Hire in a Labor Shortage and Meet Customer Expectations. Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Source: Bloomberg.com. Hiring Halts and Reductions.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. That''s why we ask our experts a very simple question " How to improve the operational efficiency in global supply chain? These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

DELMIA Quintiq

OCTOBER 28, 2014

This is a bit shortsighted because both parties could benefit more from dynamic, real-time logistics planning. The manufacturer would benefit from lower inventory levels, while the 3PL operator could gain a better profit margin for being responsive and reacting “on demand”.

Supply Chain Planning Software 281

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 281

Vanguard Software

MAY 18, 2021

Digital platforms offer significant benefits over spreadsheets for inventory management. Yet, many companies are still using Excel to handle their forecasting and planning because it is familiar, and processes may be perceived as challenging to change. Breaking up with Excel: Digital Sales Planning Success with Concord Foods.

Inventory Management Software 52

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory Reduction 52

Vanguard Software

MAY 18, 2021

Digital platforms offer significant benefits over spreadsheets for inventory management. Yet, many companies are still using Excel to handle their forecasting and planning because it is familiar, and processes may be perceived as challenging to change. Breaking up with Excel: Digital Sales Planning Success with Concord Foods.

Inventory Management Software 52

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory Reduction 52

Supply Chain Shaman

JANUARY 2, 2023

(The planning team was defending the status quo without questioning current practices and how to improve them.) The question was, “How can I redefine demand planning processes to use channel data?” Starting to understand the issue with multi-tier demand planning? Granularity also differs.

Supply and Demand 386

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 386

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health’s senior vice president of global logistics, said of their implementation of the Kinaxis’ supply chain planning (SCP) solution, “I was scared! Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions.

Supply Chain Planning Software 176

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 176

ToolsGroup

JULY 12, 2016

Planning is becoming increasingly complex; not only due to the increasing demand and supply chain complexity, but also due to the wide range of new data sources such as channel data, retail data and even web data - nearly all of which wasn’t available years ago. At Kronans Apotek, 310 pharmacies were managing inventory locally.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 240

Locus Robotics

MARCH 9, 2023

Robots can safely handle multiple tasks, including moving boxes and pallets, simple assembly, inventory counts, maintaining equipment, and product testing. AI and ML can be applied to inventory management, demand forecasting, freight route planning, and much more.

Supply Chain Software 52

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

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Demand planning Customer demand planning is the process of forecasting how popular a product will be (volume of future sales) in a given period.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

AIMMS

NOVEMBER 12, 2015

Source: Oliver Wight. When applied to S&OP and IBP, modeling and optimization enable you to balance out scenarios and perform what-if analyses so you can analyze how these different scenarios will affect your inventory and/or cost. But how does it work in practice? Should we increase our inventory?

Optimal Sourcing 120

Optimal Sourcing Modeling S&OP Supply and Demand 120

Logility

MARCH 29, 2022

In this blog, we’ll briefly explore some recent supply chain disruptors and how to build a supply chain that can effectively navigate the future. This then provides new insights for faster decision-making, automated planning, and the elimination of time, inventory, and risk throughout your supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

Demand Solutions

FEBRUARY 11, 2020

So how can your firm improve your sales and operations planning? This is a short guide on how to do so. S&OP is, as stated before, a highly important activity that allows businesses to consider both the supply and demand side. How to Choose S&OP Software. Why Focus on S&OP? Then, hit the ground running!

S&OP 190

S&OP Supply Chain Planning Software Forecasting Software Supply Chain Software 190

QAD

JULY 6, 2023

Supply chain planning is a key component of digital supply chain management. It involves the process of identifying, sourcing, and allocating resources to create a product or service with a goal of better balancing supply chain demand. So, how exactly is AI being used? How can AI help deliver new products to market?

Forecasting 91

Forecasting Supply Chain Planning Software Supply Chain Planning Forecasting Software 91

ThroughPut

MAY 9, 2024

Demand planning software is here to stay. Every major supply chain company has demand planners’ toolkits containing it. Read on to discover the top demand planning software features that will transform your supply chain operations. What is Demand Planning Software?

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 52

ThroughPut

MAY 25, 2021

How To Leverage The Benefits Of S&OP For The Food And Beverage Industry? So, how do you get and maintain a competitive edge over the others in the global market? An effective Sales and Operations Planning (S&OP) process can do the trick. You have a superior line of products but so do your competitors.

S&OP 52

S&OP Supply and Demand Beverage Supply Chain Planning Software 52

Logility

OCTOBER 29, 2021

To optimize throughput and capacity utilization, process manufacturers must effectively manage inventory, apply predictive analytics, and gain supply chain transparency through digital transformation. Real-time, actionable business intelligence for process manufacturing planning and production. Is inventory keeping up with demand?

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

ThroughPut

MAY 25, 2021

Sales & Operations Planning (S&OP) in the food and beverage industry (S&OP) refers to an integrated business management process that brings together all the functions of a business, including sales, marketing, customer service, manufacturing, development, sourcing, and finance. . Stage 1: Product review.

S&OP 52

S&OP Supply and Demand Beverage Supply Chain Planning Software 52

ThroughPut

MAY 2, 2024

Add to that the growing demands of sustainability all around! Achieving any kind of business and operational efficiency is possible only when you lead plans by demand. However, demand planning is a complex function and ineffective demand planning can spell doom in the modern commercial world.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

New Horizon Supply Chain Blog

FEBRUARY 23, 2024

Introduction We’ve written quite a few articles on specific aspects of demand planning, but we’ve never written an introductory piece for beginners or those looking for a refresher course. We plan to do this for sales and operations planning (S&OP) and some other areas of supply chain planning as well.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

ToolsGroup

JULY 11, 2019

Nowadays everyone’s writing and speaking about supply chain complexity , but not many are talking about how to turn around all that complexity and variability for business advantage. According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures.

Supply Chain Planning Software 120

Supply Chain Planning Software Optimal Sourcing Forecasting Software Optimization Software 120