Logility

DECEMBER 7, 2023

In the rapidly evolving world of supply chain management, relying on outdated notions or oversimplified strategies can lead to significant missteps. That’s why adapting forecasting methods is essential to navigate the diverse and constantly changing demand patterns effectively. Myth Two – Complexity equals inaccurate forecasting.

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Forecasting Modeling Forecasting Software Supply and Demand 191

ToolsGroup

MARCH 16, 2023

Our flexible, customer-oriented approach helps us set the standard for service and innovation in the water technology industry,” said Ilaria Mercanzin, Group Demand & Resources Planning Manager.

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Supply and Demand Forecasting Software Forecasting Supply Chain Planning Software 156

ThroughPut

MARCH 25, 2024

In supply chain management, accurately distinguishing between demand planning and demand forecasting is essential yet challenging. These processes are foundational for strategic supply chain management but serve distinct functions. What is Demand Forecasting? What is Demand Planning?

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ToolsGroup

APRIL 25, 2019

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. weather, social media). Set Specific Business Objectives at the Start.

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Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

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.

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

ThroughPut

MAY 2, 2024

Thanks to the increasing competition in today’s global markets, growing customer expectations, and the rising demand for products with shorter life cycles, most businesses have been forced to sharply focus their attention on accurate demand sensing – and planning for it – to stay profitable and sustainable.

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Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

ToolsGroup

APRIL 2, 2019

But now they have started outsourcing supply chain business processes like demand planning, allowing them to focus on other business processes while gaining access to world class capabilities. Lack of planning resources/skills, or lack of expertise in advanced software and quantitative approaches (e.g.,

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Supply and Demand Supply Chain Planning Software Demand Planning Software Demand Planning 120

ModusLink Corporation

MAY 23, 2024

Demand planning and data analysis concept. In the dynamic landscape of supply chain management, demand-driven material planning is a crucial strategy for optimizing operations and meeting customer demands efficiently.

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Material Savings Modeling Waste Reduction Inventory Reduction 78

ThroughPut

DECEMBER 5, 2023

Keeping up with demand and market trends challenges most supply chain operators. Accurately forecasting sales with fluctuating demand cycles is difficult to achieve, and yes, there’s a direct impact: the less accurate the sales forecast, the less precise the stocking levels. What is Demand Forecasting?

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ToolsGroup

JULY 28, 2023

BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for Supply Chain Planning Solutions (July 2023).

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Gartner Supply Chain Planning Software ToolsGroup Vendor Strategies 290

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 should you look for in a platform to help you build your demand plan?

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Supply and Demand Demand Planning Modeling Supply Chain Planning Software 52

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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Supply and Demand Forecasting Forecasting Software Demand Planning 52

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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Supply and Demand Forecasting Forecasting Software Demand Planning 52

Logility

JUNE 2, 2023

In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. The very foundation of operational efficiency, customer satisfaction, and overall profitability hinges upon the ability to predict demand with precision. What is Demand Forecasting Accuracy?

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Forecasting Modeling Forecasting Software Supply and Demand 130

Logility

OCTOBER 22, 2019

Forecasting customer demand has been a critical aspect of business since ancient times. Basic business forecasting models were developed in the early 1900’s. Basic business forecasting models were developed in the early 1900’s. This post discusses the Demand Optimization Maturity Curve. SCP – Supply Chain Planning.

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Optimal Sourcing Modeling Supply and Demand Optimization Software 105

ToolsGroup

DECEMBER 2, 2021

There’s been a lot of change in how we view supply chain demand forecasting: we moved from a focus on supply—what and how much to supply or replenish—to the demand-driven supply chain, which placed too much emphasis on the intermediate goal of an accurate demand forecast. Image source: Stefan de Kok.

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Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 156

Supply Chain Shaman

FEBRUARY 26, 2024

Can you describe the outside-in model? Shown in Figure 1 is the definition of the layers of outside-in planning. The layers of the outside-in process surround the traditional supply chain planning applications shown in blue. Outside-in Planning Taxonomy 2. Here I provide a Q&A from the session on Friday.

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Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 210

AIMMS

NOVEMBER 12, 2015

Optimization is a form of advanced analytics that helps you solve complex decision problems, enabling you to make the best use of your business’ limited resources.* In an advanced form, such an approach can also generate the best case scenario for your business. You can do all of this and more with an optimization technology.

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Optimal Sourcing Modeling Optimization Modeling Modeling Software 156

o9 Solutions

FEBRUARY 21, 2023

Looking deeper into these challenges we will find disparate databases, mismatched levels and horizons, poor allocation methodology, conflicting usage, departmental bias, resource capability and ownership challenges. Which parts of your demand planning processes are most broken or need the most improvement?

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Supply and Demand Demand Planning Modeling Optimal Sourcing 52

ToolsGroup

OCTOBER 7, 2020

ToolsGroup supply chain planning software enables Melitta Sales Europe to centralize demand planning and improve S&OP and promotions management. At MSE headquarters based in Minden, Germany, the supply chain team wanted to streamline processes and use company resources more sustainably.

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ToolsGroup Modeling Supply and Demand Supply Chain Planning Software 156

ThroughPut

MAY 16, 2024

In the context of supply chains particularly, agility is what can save the day in the midst of all those challenges. However, responding to evolving market demands can seem almost impossible with legacy systems, siloed data and/or manually-driven human-intuition-based processes. What is Supply Chain Optimization?

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Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

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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Logility

JUNE 23, 2023

That’s precisely what demand forecasting feels like for many businesses today. All these elements can help you predict where demand is heading. Unfortunately, many companies hesitate to use causal forecasting, thinking it’s too complicated or resource-hungry. What are Causal Models? Enter causal forecasting.

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DELMIA Quintiq

APRIL 6, 2020

Demand planning, however, gets even tougher for manufacturers with the COVID-19 outbreak in 2020. How will demand change now that a global pandemic has forced many bars and restaurants to close for weeks? Demand planning during a global pandemic. But manufacturers still have to generate demand scenarios.

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Scenario Planning Supply Chain Planning Software Food Modeling 296

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. Firstly, a demand planner should have a view of the inventor flow.

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AIMMS

OCTOBER 17, 2023

Sustainable supply chains are not just beneficial for society and the environment; they’re crucial for a business’s future prosperity. For that, long-term supply chain planning and budgeting needs data to back every decision. A green supply chain boosts brand reputation and can lead to increased sales.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

o9 Solutions

FEBRUARY 28, 2020

Demand Planning: Improve Forecast Accuracy, Alignment and Accountability. Top Reasons Organizations are Upgrading their Demand Planning Capabilities. Increasing automation of forecasting using predictive analytics models. Increasing sales adoption in the demand planning process. Demand Planning.

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ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. To address these challenges, supply chain professionals must adopt advanced forecasting methods. What is Demand Forecasting? What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

ThroughPut

MAY 31, 2024

Retailers are caught between the dilemma of empty store shelves and overstocked warehouses—a balancing act that demands constant attention. The outlook becomes even grimmer when considering the current methods of demand planning and forecasting in retail. But this method has a serious flaw.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

QAD

MARCH 6, 2024

One of the main goals of every Supply Chain today is balancing efficiency, resilience and agility. Enterprises need to seamlessly optimize these three challenges for effective customer service. Accurate forecasting models become ever more critical to meet customer demand as companies add more product lines and the value chain expands.

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Supply and Demand Modeling Forecasting Sourcing Strategies 52

Supply Chain Shaman

MAY 15, 2020

Changing My Mental Model. As the COVID-19 saga unfolded, this was my mental model. Unlike the prior supply disruptions in my lifetime, there will not be a new normal. Instead, supply chain leaders face wave after wave of disruption until there is a vaccine. How does this affect supply chains? Start Doing.

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Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Planning 497

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . With the pandemic leaving a deep impact, organizations need to now be better prepared to gain end-to-end visibility across demand and supply chains, especially with their level of preparedness to adapt to sudden changes in demand.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Were companies completely unprepared for this sudden surge in demand for these consumer items? Understanding and predicting demand in unpredictable times . But demand planning still remains a game of assumptions and estimations.

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AIMMS

NOVEMBER 12, 2015

Optimization is a form of advanced analytics that helps you solve complex decision problems that involve conflicting objectives and constraints, enabling you to make the best use of your business’ limited resources. In an advanced form, such an approach can also generate the best case scenario for your business.

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Optimal Sourcing Modeling S&OP Supply and Demand 120

Logility

FEBRUARY 16, 2024

How an AI-First Mindset Is Reinventing Supply Chain Operations AI has captured widespread fascination, igniting imaginations across various sectors. Supply chain operations is another business area where further cost savings can be found. Supply chain organizations have mirrored a similar AI journey for a long time.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 197

Logility

JULY 9, 2021

Will your ERP accommodate your complex supply chain planning requirements? Comparing a supply chain planning platform against an ERP system that offers supply chain management capabilities is a challenge. Logility is Fit for Purpose and Addresses Supply Chain Needs Head On.

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Supply Chain Planning Software Supply and Demand Supply Chain Software Optimal Sourcing 205

SYSPRO Smarter ERP

MAY 10, 2023

As supply chain operations continue to evolve rapidly, organisations continuously seek ways to leverage deep consumer insights by incorporating a wide range of variables in their demand planning process. On the other hand, machine learning algorithms are automatically updated with new data and continuously retrain their models.

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