ToolsGroup

OCTOBER 3, 2022

Retail workers are at the heart of the economy, making the continued retail labor shortage a top challenge for retailers–one that appears here to stay. Get the real story on today’s retail worker shortage, as we break down: Retail Labor Shortage Statistics. The Need for Corporate Retail Talent.

Optimal Sourcing 156

Optimal Sourcing Purchasing Skills Retail Inventory Reduction 156

Logistics Viewpoints

DECEMBER 15, 2022

The retail industry is rich with data. Four Ways of Using Cluster Analysis in Retail. Retailers can apply cluster analysis techniques in different ways to find groups of customers, products, stores, or suppliers that behave similarly. There are different ways of doing store cluster analysis.

Optimal Sourcing 194

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 194

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.

Supply and Demand 52

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

ToolsGroup

FEBRUARY 7, 2022

The wonderful world of retail. The Retail Trends Shaping How We Shop in 2022. The Retail Trends Shaping How We Shop in 2022. From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

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.

Supply and Demand 52

Supply and Demand Demand Planning Modeling Supply Chain Planning 52

ToolsGroup

AUGUST 16, 2022

BOSTON – August 17, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been selected by Entertainment Retail Enterprises (ERE) , a leader in the design, manufacture, and distribution of customized retail products including apparel, accessories, and home goods.

ToolsGroup 120

ToolsGroup Agile and Lean Supply Chain Optimal Sourcing Supply Chain Design Software 120

ToolsGroup

MAY 1, 2018

Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 But, he says, with the right strategic plan, a retailer can make the jump to stage 3 supply chain planning, and greater profitability, in just 12-18 months.

Gartner 180

Gartner Supply and Demand Forecasting Optimal Sourcing 180

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 .

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 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?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

crisp

SEPTEMBER 22, 2023

Crisp helps CPGs on Google Cloud leverage daily retail data to make smarter supply chain and merchandising decisions, all while optimizing their cloud investment. With Google Marketplace, cloud customers can also easily find and subscribe to data sets from a variety of sources and deliver them seamlessly to their data warehouse.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Waste Reduction Vendor Strategies 52

QAD

APRIL 11, 2024

All hype aside, AI is really as simple as applying advanced analytics and logic-based algorithms to raw data to generate actionable insights, and it’s already widely used in manufacturing, finance, healthcare, retail and many other industries. It’s safe to say that AI has long moved past buzzword status. This is another area where AI shines.

Predictive Analytics 73

Predictive Analytics Predictive Analytics Software Supply and Demand Supply Chain Disruption 73

QAD

MARCH 6, 2024

That’s why having the most accurate forecasts to have a successful demand plan in place is a must for every company. So far, we’ve explored what Demand Planning is, delved into its key features, and reviewed the functions and duties to this process. They also solicit input from different stakeholders.

Supply and Demand 52

Supply and Demand Modeling Forecasting Sourcing Strategies 52

Supply Chain Network

JUNE 7, 2011

(NYSE: N), the industry’s leading provider of cloud-based financials / ERP software suites, today (June 7th) announced that the company has extended its cloud -based business management suite with new demand planning features. allowing companies to tightly align sales forecasts with inventory replenishment plans.

Supply and Demand 110

Supply and Demand Inventory Management Software Demand Planning Supply Chain Planning Software 110

Logility

FEBRUARY 13, 2020

Here are some examples of appropriate data sources for building a better short term, demand-sensitive forecast: Internal sources. External sources. For Logility, demand sensing resides inside the demand planning process. In fact, demand sensing uses the consensus demand plan as an input.

Supply and Demand 175

Supply and Demand Optimal Sourcing Forecasting Inventory Reduction 175

crisp

MARCH 10, 2023

A persistent problem across the supply chain, stock-outs are a notorious source of revenue loss for retailers. According to NielsenIQ, out-of-stocks caused retailers to lose 7.4% Stock-out situations are among the most detrimental issues a retailer can face.

Retail 52

Retail Data Inventory Reduction Waste Reduction 52

Supply Chain Shaman

JANUARY 2, 2023

The question was, “How can I redefine demand planning processes to use channel data?” The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. Starting to understand the issue with multi-tier demand planning?

Supply and Demand 345

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 345

o9 Solutions

AUGUST 12, 2021

In the meantime, customer preferences and shopping behavior keep changing, impacting the entire retail supply chain industry. A digital transformation of supply chain processes is key in maintaining margins and service amidst these changes so that retailers can quickly analyze, optimize, and evaluate complex decisions before taking action.

Modeling 52

Modeling Price Reduction Inventory Reduction Resource Reduction 52

o9 Solutions

APRIL 14, 2020

Related solutions Retail Planning Solutions Replenishment Planning Increase revenues, improve margins, and inventory productivity with next generation cloud software. o9 Solutions April 14, 2020 The post Retail Demand Planning appeared first on o9 Solutions.

Supply and Demand 52

Supply and Demand Demand Planning Demand Planning Software Modeling 52

Supply Chain Shaman

DECEMBER 7, 2023

The ability of an organization to deliver reliable and consistent results for revenue, margin, customer service, and quality in the face of demand and supply variability. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. The result was restatement.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 293

ToolsGroup

JULY 12, 2016

Planning is becoming increasingly complex; not only due to the increasing demand and supply chain complexity, but also due to the wide range of new data sources such as channel data, retail data and even web data - nearly all of which wasn’t available years ago. Why is it happening?

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 240

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Agile and Lean Supply Chain 212

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 212

ToolsGroup

SEPTEMBER 30, 2019

ToolsGroup Named a Leader in IDC MarketScape Worldwide Demand Planning Market Report. BOSTON (September 30, 2019) ToolsGroup, a leader a global leader in supply chain planning software, has been named a leader in the IDC MarketScape: Worldwide Supply Chain Demand Planning 2019 Vendor Assessment. . Source: [link].

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Supply and Demand ToolsGroup Modeling Supply Chain Planning Software 27

Veridian Solutions

JANUARY 8, 2020

What’s Keeping Retailers in the Dark Ages and Away From Advanced Systems? Ways an Order Management System Helps Retailers Succeed. An order management system is essential to success in retail. An order management system is essential to success in retail. Real-time inventory stimulations and demand planning integrations.

Supply Chain Planning Software 53

Supply Chain Planning Software Inventory Management Software Analytics Software Demand Planning Software 53

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Co-Pack Planning and Execution: What is the impact on shippers and MOD? Why is this shift such a big deal?

Real-time Visibility 186

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 186

Logility

AUGUST 4, 2022

No doubt this brings some mirth and merriment in an otherwise bleak stretch for consumers, but it also brings a massive migraine for retailers. About 31% of grocery products consumers looked for were out of stock in the first week of April, according to Datasembly , a research firm that monitors grocery and retail pricing.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Logility

FEBRUARY 18, 2020

Machine Learning has been used to improve demand forecasting since the early 2000s. Demand Planning applications rely on a series of algorithms to take historical shipment data and turn it into a forecast. Upstream delays can be identified, allowing for contingency planning or alternative sourcing.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply and Demand 182

Cognira

JANUARY 10, 2022

Uncertainty is the New Normal for Retailers. If 2020 and 2021 taught retailers anything, it’s that uncertainty is the new normal. We’ve seen uncertainty with demand , customer behavior , and the supply chain. For retailers, the old way of dealing with demand was to buy excess inventory to fulfill stores for a given period.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Manufacturing Procurement Retail 40

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.

Supply and Demand 52

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

Supply Chain Shaman

SEPTEMBER 10, 2020

Demand for electricity and natural gas is down 20-25% globally as remote workers shelter in place and operate offices in their homes. Retail dock doors were a formidable constraint as grocery sales increased 30%. Similarly, demand planning based on order history is not equal to the challenge. What To Do?

Supply Chain Planning Software 381

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 381

Kinaxis

NOVEMBER 28, 2017

Consider this: According to the National Retail Federation , approximately 189 million people watched Super Bowl LI, and viewers spent an average of $82.19 Unleashing a machine-learning algorithm on the Super Bowl assists planners by helping them adjust to unpredictable product demand just by digging through historical data.

Forecasting 156

Forecasting Forecasting Software Supply and Demand Demand Management 156

Enterra Insights

JANUARY 14, 2022

When retailers join in — which is most of the time — dance steps become even more complex. Most business consultants today urge CPG manufacturers and retailers to become consumer-centric and demand-driven. What this means for manufacturers and retailers is that they must continue to focus on mastering omnichannel operations.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Demand Solutions

FEBRUARY 7, 2020

Are customers and retail partners complaining that you move too slow? Many firms choose to source outside their home country in order to take advantage of lower labor costs. Many firms choose to source outside their home country in order to take advantage of lower labor costs. Are your lead times too long? Order More Often.

Price Reduction 124

Price Reduction Cost Reduction Strategies Optimal Sourcing Supply Chain Planning 124

BlueYonder

DECEMBER 1, 2022

The holiday shopping season started early this year as many retailers kicked off their annual promotions well before Black Friday weekend. Inflation, and how it will impact consumer spending, is atop retailers’ list of concerns this year. Amazon hosted its Prime Early Access Sale from Oct. 11-12 and Target held its Deal Days from Oct.

Survey 64

Survey Purchasing Skills Supply and Demand Price Reduction 64

Supply Chain Shaman

NOVEMBER 15, 2023

The models are too different to drive a clear signal from sales activity to demand planning in the supply chain. Align Transportation Planning and Distribution Requirements Planning (DRP). Planned Technology Deployments In addition, the supply management taxonomy stack is immature for direct materials.

Supply Chain Planning Software 375

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 375

Logility

MAY 26, 2022

. • Demand constraints create financial risks as well as environmental problems. • Effective, strategic demand planning is essential, and that requires implementation of the right supply chain platform with real-time data, reporting, and event automation. Don’t Constrain Yourself!

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

crisp

OCTOBER 25, 2021

Before long, No Evil Foods was a national retail brand with a mission to build a better food system. After a hit debut at Expo West in 2017, they signed to a host of conventional retailers across the country, and their do-good, plant-powered products are now the second-fastest growing brand in the natural channel.

Supply and Demand 98

Supply and Demand Demand Planning Food Demand Planning Software 98