Logistics Viewpoints

JULY 6, 2021

Or, why you need demand planning for going viral on social media. Thanks to demand planning innovations, supply chain planners are detecting potential demand spikes before they become global phenomena – even when that data comes from outside sources, like TikTok or Google Trends.

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ThroughPut

MARCH 25, 2024

In supply chain management, accurately distinguishing between demand planning and demand forecasting is essential yet challenging. The consequences of conflating demand planning with demand forecasting are significant, impacting inventory management, customer satisfaction, and financial health.

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QAD

OCTOBER 25, 2023

When conducting demand planning , you need to strike the balance between having sufficient stock levels to meet customer demands without having surplus. This means leveraging the right tools and data to build your demand plan from the outset. What are the key features of demand planning?

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Logility

MARCH 12, 2021

Descriptive, predictive and prescriptive analytics should be combined to optimize your demand planning processes. Better forecasting and demand planning processes, which in the past had been beset by low accuracy and poor adoption, were a priority. The A nalytics to B oost your Demand Planning.

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Silvon Software

JANUARY 25, 2023

Collaboration between Sales and Operations professionals in the demand planning process is critical if you want to achieve better delivery rates, higher service levels, fewer stock-outs and increased customer satisfaction. THE DEMAND PLANNING PROCESS (FOR SALES) Simplify the inputs needed by Sales.

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ThroughPut

MARCH 24, 2024

Earlier in the day, demand planning was a guessing game that relied more on intuition, instinct, and inclination. Companies that leveraged the data they collected to enable more accurate demand planning, distinguished themselves from their competitors. Why do you Need Modern Demand Sensing to Solve Modern Problems?

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BlueYonder

NOVEMBER 27, 2023

Not only is manual scenario planning a tedious and time-consuming job, but it also often results in suboptimal decisions because too many granular scenarios or too few wide scenarios were created — missing critical levers and decision points. However, identifying the right influencing factors in demand planning is easier said than done.

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ToolsGroup

FEBRUARY 28, 2023

Explore the capabilities below to see how, with the release of v8.60, ToolsGroup has further improved its ability to drive decision making at the speed of business and deliver supply chain agility and resilience with expanded dynamic demand planning capabilities across the board.

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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 .

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Unleashed

FEBRUARY 1, 2023

The onset of COVID and the rapidly changing environment of a pandemic-hit world has meant demand planning has become more difficult – and as a result, more critical – than ever. What is demand planning? Demand planning is the process of predicting what customer demand will be for a certain product.

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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?

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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?

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DynaSys

AUGUST 5, 2021

When formulating a Demand plan , you need to strike the balance between having sufficient stock levels to meet customer demands without having surplus. This means leveraging the right tools and data to build your demand plan from the outset. What are the key features of Demand planning?

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Kinaxis

JULY 26, 2018

The bottle shortage impacts smaller, family-owned-and-operated breweries like Moritz Fiege more significantly than larger brew houses, especially when you consider that they’ve ramped up production in an attempt to meet the hot summer’s demand. Taking a closer look at the demand management process. Thirst, quenched.

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ThroughPut

DECEMBER 5, 2023

When demand is accurately forecasted, companies can optimize their inventory levels, reducing carrying costs and minimizing the risk of stockouts. Accurate forecasts also enable businesses to plan their production more effectively, ensuring they can meet customer demand while reducing waste and inefficiencies.

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Logility

MARCH 25, 2020

Have you been in that meeting? Implicit in this little parody of a planning meeting is the belief (the admission, if we’re honest) that macro-level predictions are often the best we can do. Heavy sigh.

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DynaSys

JULY 20, 2021

In our article What is Demand Planning , we asked ourselves why is Demand Planning important? Prosperous businesses are able to plan for the peaks and valleys in their sales cycles. It enables them to manage current business volumes and plan for future growth. The post Why is Demand Planning important?

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DynaSys

AUGUST 17, 2021

We’ve discussed the benefits of gathering data and coming up with a strategy of collaboration when implementing a demand planning cycle. Now it’s time to walk through the importance of Performance evaluation in the Demand Planning Cycle by setting metrics and KPIs. Want to know more about Demand Planning?

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DynaSys

JULY 29, 2021

When deciding to strengthen your supply chain infrastructure, the question of roles and responsibilities of demand planning arises. Should demand planning be placed under supply chain management, sales, or finance? Demand planning is a bridging function between commerce and supply chain. Demand planners.

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ThroughPut

MAY 8, 2023

Demand planning is like the stone you throw into a lake. A smart demand plan, in short, has immense business value. A smart demand plan, in short, has immense business value. But customer demand changes can be super hard to keep up with.

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DynaSys

AUGUST 24, 2021

We discussed the role of a demand planner in creating and maintaining a demand plan , but what is the role of sales/commercial managers in demand planning? Sales manager s in demand planning are the ones feeding the funnel for business so they should validate the demand plan during a demand review meeting.

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o9 Solutions

FEBRUARY 28, 2020

Demand Planning: Improve Forecast Accuracy, Alignment and Accountability. Top Reasons Organizations are Upgrading their Demand Planning Capabilities. Increasing sales adoption in the demand planning process. Increasing Sales adoption of Demand Planning Easier. Demand Change What-If Analysis.

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ThroughPut

MAY 27, 2022

In Sales: How flexible is your demand planning and order fulfillment in light of high market variances? How quickly can you pivot to sudden spikes or drops in demand? Data-driven demand planning is simply the better way to plan your business. Can you forecast accurately for the near term?

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DynaSys

AUGUST 19, 2021

You’ve decided to implement a demand plan and now it’s time to outline roles and responsibilities. Demand planning bridges the function between commerce and supply chain, so the question of roles and responsibilities isn’t a surprising one. Want to know more about Demand Planning?

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DynaSys

JUNE 16, 2020

In this article, the second of the series analyzing the impact of COVID – 19 on demand planning (find here the first one), you will find a list of actions demand planners can do to correct and clean COVID’s impact on demand. The greater the demand variability and the increased uncertainty of meeting demand.

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ThroughPut

APRIL 20, 2023

Chief Supply Chain Officers (CSCOs) today have to deal with a new set of challenges including supplier unpredictability, ambiguous and missing historical data, inventory disruptions, supply and demand imbalances, to name a few. How can demand planning match the pace of market dynamics?

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Kinaxis

OCTOBER 23, 2018

On the medicinal marijuana front, the Canadian government’s official market data (see the chart below) for the first quarter of the current fiscal year clearly indicates that the domestic and foreign cannabis producers are in constant competition to meet the demands of the market.

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Vanguard Software

JULY 20, 2021

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.

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Kinaxis

AUGUST 2, 2016

by Alexa Cheater Struggling with the reality of not being able to easily consolidate data, global telecommunications company Sonus Networks was dealing with delays in understanding the impact of changes to its supply chain plans. The result was difficulty in meeting customer demand in a timely and efficient manner.

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ThroughPut

AUGUST 24, 2021

Earlier in the day, demand planning was a guessing game that relied more on intuition, instinct, and inclination. Companies that leveraged the data they collected to enable more accurate demand planning, distinguished themselves from their competitors. Why do you need new-age demand sensing to solve modern problems?

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Bristlecone

SEPTEMBER 10, 2020

Suddenly, what had been adequate planning tools have now become entirely defunct because of their reliance on historical trends. This has prompted planners to go back to fundamentals and rethink and redesign their demand planning processes. What if my supply plans aren’t flexible enough? Reinforce your Forecast.

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Arkieva

MARCH 22, 2017

How do you get the sense of what works for demand planning? Related Webinar: How to Use Predictive Analytics to Drive Sales & Delight Your Customers ] Improving Demand Planning. Related Webinar: How to Use Predictive Analytics to Drive Sales & Delight Your Customers ] Improving Demand Planning.

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Logility

JULY 10, 2023

When it’s time to do grocery shopping, you do demand planning every time you put together a list of what you might need. Congratulations – you just made a  demand plan !  After all, a demand plan is simply a forecast of how much product you need to meet demand.  Let me explain.

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The Network Effect

FEBRUARY 6, 2015

Then I proceeded to describe the differences in skill sets, business relationships and aptitudes between a Demand Planner and a Supply Planner. Who does the Demand Planning group report to?”. The goal of the demand planning process is to create a sales forecast that is as accurate and unbiased as possible.

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Arkieva

JUNE 16, 2016

If customer demand is the activating element in the supply chain, it’s quite clear that a multi-step operational supply chain management process to create reliable demand forecasts can play an active role in improving supply chain effectiveness. But how to create powerful demand planning implementation?

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Valogix

AUGUST 3, 2021

Most product companies understand they have gaps in their supply chain data that hinder their ability to meet critical demand. One of the largest gaps lies between supply and demand planning and a company’s supplier network, making many companies hesitant to adopt supply and demand planning software within their ERP.

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Supply Chain Action Blog

FEBRUARY 17, 2017

Often, the terms, “forecasting” and “demand planning”, are used interchangeably. . As a component of demand planning, forecasting is necessary, but not sufficient. Demand planning is that process by which a business anticipates market requirements. .

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