Remove Demand Planning Remove Metrics Remove Shipping
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Quick Start Guide to Using Machine Learning for Demand Planning

ToolsGroup

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. The forecast generated by these algorithms degrades as the demand patterns evolve over time.

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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. What are functional metrics?

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A New Decade: Give Science A Chance

Supply Chain Shaman

So to put the team at ease, I spoke, “Let’s test your demand planning model to see if you can be successful with your current approach.” The Company’s demand planning group was in finance, and the group had little knowledge of the difference between supply chain and financial forecasting.

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IMO’s Convention on Ship Recycling Enters into Force

Supply Chain Brain

Developed under the auspices of the International Maritime Organization (IMO), the Convention mandates that ships at the end of their operational lives must be recycled in a safe and environmentally sustainable way.

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Supply Chain Planning – A Market Viewpoint

Logistics Viewpoints

ARC defines supply chain planning (SCP) products as including supply planning, demand planning/inventory optimization, and network planning. Network planning solutions include supply chain design, integrated business planning, and end-to-end supply chain analytics. This would be a three-way tradeoff.

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Outside-in Process Q&A

Supply Chain Shaman

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. They implemented a simple planning technology with an outside-in channel-centric model (Ship to model definition).

Modeling 273
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Supply Chain Leaders, Chained to Tradition, Face the Whip

Supply Chain Shaman

Price of Ocean Shipping Business Continuity. One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In A focus on functional metrics degrades balance sheet performance.