article thumbnail

Demand Planning

SupplyPike

What is a demand plan? Demand planning tells you how much inventory you can expect to sell, down to the regional level. Armed with point-of-sales data, knowledge of inventory issues, and accounting for anomalies, you can plan on how much product to manufacture, store in your warehouses, and ship to each region.

article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. Lessons Learned. The reason?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Demand Planning Influences Supply Planning through Predicting Future Demand Patterns

Vanguard Software

And before that, in 2001, Nike also had a demand planning blunder that led to a $100 million loss in sales. These examples show how imperative a proper process for demand planning and supply planning is to an organization’s overall health and profitability. Demand Planning Forecasting Application.

article thumbnail

Editor’s Choice: What Supply Chains Must Overcome to Deliver on the Consumer Promise

Logistics Viewpoints

The same “If” statement was repeated for a host of financial and operational metrics. The following will delve into some of the intricate farm-to-table challenges that supply chains face across sourcing, demand planning, procurement and inventory management, transportation, and warehousing. To read the article, click HERE.

article thumbnail

Four Ways of Using Cluster Analysis in Retail Management to Improve Sales

Logistics Viewpoints

Price Index Elasticity for Pricing and Promotion Planning: As we are going through global price inflation and facing a recession, consumers and businesses are becoming more conscious of their spending and looking to minimize costs when shopping for goods and services. These metrics can also be used in inventory planning decisions.

article thumbnail

From the Barley in the Fields, to the Beer in Our Hands: Carlsberg’s Sustainability Journey

BlueYonder

This initiative is central to enhancing the management and efficiency of its logistics operations throughout Europe. Carlsberg has also introduced electric trucks and established a specialized transportation control tower in Poznan, Poland. In Carlsberg’s case, “from the barley in the fields to the beer in our hands.”

article thumbnail

Supply Chain Department – A Typical Structure

SCMDOJO

These functions include procurement, production planning, inventory management, logistics, and customer service. This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste.