EazyStock

OCTOBER 31, 2022

What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Why is demand planning important? Is demand planning the same as demand forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Modeling 52

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

ThroughPut

DECEMBER 5, 2023

Accurate demand forecasting enables businesses to optimize their production, inventory management, and pricing strategies, resulting in maximized profits and customer satisfaction. What are the Benefits of Accurate Demand Forecasting? AI and ML software help you build a data-driven supply chain. How is that helpful?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. No technology in the market measures inventory health. Let me give you an example. Yes, I think so.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

ThroughPut

AUGUST 24, 2021

Earlier in the day, demand planning was a guessing game that relied more on intuition, instinct, and inclination. But with the advent of the information economy and Artificial Intelligence (AI), this process became data-driven. The unavailability of raw materials and changing consumer patterns heavily impacted demand.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners.

Predictive Analytics 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

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

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?

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Supply Chain Shaman

JUNE 30, 2023

His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 312

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. What’s the difference?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Unleashed

MAY 25, 2023

Do you know your optimal inventory levels? Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. What is inventory planning? It is a key function of modern inventory management. Inventory planning ensures you are making the most of it.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Logility

JUNE 15, 2021

For example, an F&B business that supplies perishable goods knows that these goods have a limited shelf life and therefore must accurately project how much to purchase at once. If the business purchases too much, it risks overstocking goods that cannot be sold after they exceed their shelf life. Advanced inventory management.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory? Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

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

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. It allows businesses to sustainably control stock and sell products despite shifts in customer demand or unexpected supply issues. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Logility

JULY 20, 2023

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. Here are our answers to some of the most common questions about demand planning software.

Supply and Demand 187

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 187

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.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

EC Sourcing Group

NOVEMBER 17, 2020

When you’re trying to control the entire procurement process within the supply chain, you want to make sure that you have the best software for your needs at your side so that everyone—you, vendors, and suppliers, are getting their needs met within the supply chain. Procure-to-pay operations. Includes purchase orders.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Supply Chain Planning Software Forecasting Software 52

crisp

SEPTEMBER 22, 2023

Crisp automatically ingests data from retail portals such as Walmart, Target, Whole Foods, and Amazon, delivering usable sales and inventory data directly into the cloud. Prior to Crisp, CPG brands report spending hours per day manually downloading retail and distributor reports and uploading them into data warehouses.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Waste Reduction Vendor Strategies 52

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. This process covers anything in direct relation, from individual employees to organizations, information and resources. Function: operation management, logistics and inventory. Let’s dive in.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Logility

APRIL 21, 2020

The ability to effectively forecast demand is essential for supply chain management decisions. In fact, demand forecasts are used throughout the supply chain including supply chain design, purchasing, operations, inventory, and sales and marketing. procurement, operations, inventory, sales and marketing).

Forecasting 157

Forecasting Optimal Sourcing Forecasting Software Modeling 157

Logility

AUGUST 11, 2020

F&B companies that invested in advanced supply chain planning systems prior to the pandemic have benefited from the ability to quickly pivot through simulations, what-if scenarios, and multi-variable segmentation, revenue and profit-based analysis. Some F&B companies have placed more priority on developing demand sensing capabilities.

Beverage 223

Beverage Supply Chain Planning Software Supply and Demand Supply Chain Software 223

ThroughPut

MAY 1, 2023

or the planners who are managing super-complex supply chains that include everything from your tiered suppliers, inventory to logistics and sales, the pressure has literally gone through the roof. Yes, we live in an era where demand drives supply. Are we able to intuitively align inventory to match demand?

Supply and Demand 52

Supply and Demand Demand Management Modeling Demand Planning Software 52

ToolsGroup

SEPTEMBER 20, 2022

Let’s delve into the five ways manufacturers are uncovering success by using AI to process information faster and perform more complex roles. Optimize spare part inventories. Reduce facility-wide maintenance costs. In fact, companies save 25-30% of maintenance costs by leveraging predictive maintenance.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Taulia

JULY 5, 2021

As demand for the movement of goods across the globe and rapid delivery expectations become the norm, businesses seek ways to simplify their supply chain management. VMI streamlines inventory management and order fulfillment, benefitting both suppliers and buyers. What is Vendor Managed Inventory? How does VMI work?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

Logility

JANUARY 16, 2018

This is especially true for those that work in and manage the demand planning process. Sometimes demand planners focus too much on forecast accuracy and miss seeing the forest for the trees. This sounds a lot like the definition for demand planning to me.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

SupplyPike

APRIL 10, 2020

Learn how to: Keep your logistics on time and prepared Maintain your replenishment goals Properly forecast and redefine your demand plan Use technology to help. Shortages, extreme demand, and panic buying are causing issues up and down supply chains. Create contingency plans for both optimistic and pessimistic scenarios.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Unleashed

DECEMBER 11, 2022

When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. How to improve order lead times: Procure reliable carriers and suppliers.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . After all, most of these business functions were created for a very different era where any change was predicted earlier and absorbed easily. Understanding and predicting demand in unpredictable times.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Logility

AUGUST 22, 2018

Delivery of “make to stock” products to a home or business is now available within hours of making a purchase. A growing number of connected, smart devices that have the capability to anticipate the need for a product are available for purchase. Eliminating excess and obsolete inventory is a priority for many manufacturers.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 100

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Unleashed

OCTOBER 11, 2018

Demand forecasting is the process of estimating the number of products that customers will be willing to purchase in the future. It involves leveraging data and analytics about your product and the market to closely predict customer demand over a particular time frame. Apply demand sensing and shaping techniques.

Forecasting 58

Forecasting Supply and Demand Forecasting Software Demand Planning Software 58