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4 Warning Signs That Flag Gaps in Your Demand Planning Process

ThroughPut

Demand planning is like the stone you throw into a lake. And when done right, its ripples can streamline the operations of a variety of strategic functions, ranging from procurement and supply chain optimization to effective production and distribution. A smart demand plan, in short, has immense business value.

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Four Strategies for Smarter Demand Planning

Vanguard Software

Organizations cannot underestimate the COVID-19 pandemic impacts and disruptions on-demand planning. Over the past 15 months, disruptive events have exposed the challenges growing over the past decade – SKU proliferation, new distribution channels, shorter product lifecycles, and more demanding customers.

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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.

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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. Lessons Learned. The reason?

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Supply Chain Planning Solutions are Not Just for the Big Boys

Logistics Viewpoints

In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company. There was limited demand planning that tied back to our actual manufacturing capabilities,” Mr. Baker explained.

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. This is his world.

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Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

GlobalTranz

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.