QAD

MARCH 4, 2025

Updated: February 4, 2025 According to Michigan State University , demand planning is a supply chain management process of forecasting, or predicting, the demand for products to ensure they can be delivered and satisfy customers. Should demand planning be placed under supply chain management, sales, or finance?

Supply and Demand 52

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

ToolsGroup

MARCH 19, 2025

At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software. When plans are based on inaccurate assumptions about demand uncertainty, service targets are missed and supply chains default to reactive firefighting.

Forecasting 156

Forecasting Modeling Forecasting Software Supply and Demand 156

ToolsGroup

MARCH 26, 2025

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties.

Supply Chain Planning Software 156

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Planning 156

Logistics Viewpoints

APRIL 2, 2025

Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.

Modeling 173

Modeling Modeling Software Supply Chain Planning Software Supply Chain Design Software 173

Logistics Viewpoints

NOVEMBER 26, 2024

Companies must harness a wide variety of data structures and formats, spanning internal and external sources. Before this experience, Alex spent several years at Subway where she was responsible for managing demand planning for promotional, limited time offers, and R&D test products.

Resource Reduction 297

Resource Reduction Inventory Reduction Sourcing Strategies Supply Chain Planning Software 297

ToolsGroup

MARCH 3, 2025

The Secret to Smarter Demand Forecasting AI and machine learning have made significant strides since we first pioneered their use in supply chain planning more than a decade ago, but true success comes from more than just machine learning alone. Combining machine learning with probabilistic demand planning. The secret?

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Modeling 156

ToolsGroup

MARCH 17, 2025

While businesses cant predict every challenge, they can take proactive steps to anticipate disruptions and strengthen their supply chain management systems with advanced demand planning tools. With the right demand forecasting software and technology, businesses can transform volatility into an advantage.

Forecasting Software 156

Forecasting Software Demand Planning Software Forecasting Supply Chain Planning Software 156

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].

Supply and Demand 27

Supply and Demand ToolsGroup Modeling Demand Planning 27

ToolsGroup

FEBRUARY 12, 2025

Heres how to approach this shift from forecast-driven to uncertainty-driven planning: Acknowledge that your forecast will be wrong. Identify and prioritize sources of uncertainty and variability in your supply chain and use this data to improve your planning and decision-making.

Optimal Sourcing 156

Optimal Sourcing Modeling Forecasting Supply and Demand 156

Supply Chain Shaman

MAY 21, 2024

The bad news is that this is in conflict with traditional modeling of single outputs in traditional Advanced Planning Systems (APS) and Enterprise Resource Planning (ERP). The data sourced from Y charts was charted by Regina Denman and shared with the statistics department at Georgia Tech. I look forward to your feedback.

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

Supply Chain Shaman

APRIL 2, 2025

We have not designed the planning systems to serve managers, directors, and vice presidents, aiming to improve decision-making and collaboration across the source, make, and deliver processes. This could all change if we discard our current definitions of supply chain planning and start anew. In short, don’t AI stupid.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Design Software 195

ToolsGroup

MARCH 18, 2025

Why Traditional Demand Forecasting Falls Short in Aftermarket Supply Planning Unlike fast-moving consumer goods with predictable demand patterns, aftermarket parts planning requires highly specialized forecasting approaches. Its time to move beyond the guesswork in demand planning. The outcome?

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Inventory Reduction Waste Reduction 156

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.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

Logility

JUNE 7, 2023

Top 3 Demand Forecasting Mistakes —How To Avoid Them with Demand planning software Demand forecasting is a critical facet of successful business operations, acting as the helm guiding companies through the rocks hiding beneath the water of market demands. Neglecting these can distort your forecast.

Supply and Demand 130

Supply and Demand Demand Planning Software Forecasting Software Forecasting 130

QAD

SEPTEMBER 12, 2023

According to Michigan State University , “demand planning is a supply chain management process of forecasting, or predicting, the demand for products to ensure they can be delivered and satisfy customers. Should demand planning be placed under supply chain management, sales, or finance?

Supply and Demand 98

Supply and Demand Demand Planning Supply Chain Planning Scenario Planning 98

BlueYonder

OCTOBER 24, 2024

HEINEKEN showcases its outstanding demand planning results With over 700 attendees, the Gartner Supply Chain Planning Summit was a great opportunity to meet with other planning professionals, discuss our common challenges around intelligent planning, learn from industry thought leaders and hear some truly impressive customer success stories.

Gartner 108

Gartner Supply Chain Planning Software Supply Chain Planning Supply and Demand 108

ToolsGroup

MARCH 14, 2025

Why Traditional Demand Forecasting Falls Short in Aftermarket Supply Planning Unlike fast-moving consumer goods with predictable demand patterns, aftermarket parts planning requires highly specialized forecasting approaches. Its time to move beyond the guesswork in demand planning. The outcome?

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Optimization Software Inventory Reduction 156

Logistics Viewpoints

MAY 30, 2022

Then Jabil handles the sourcing and manufacturing of those products. Tymon’s contribution to Jabil’s offerings is a service line known as ‘planning-as-a-service.’. They are sourcing from over 27,000 suppliers. Tymon realized this could be the solution to the demand planning problems Jabil and their customer were facing.

Supply and Demand 59

Supply and Demand Supply Chain Planning Software Scenario Planning Supply Chain Design Software 59

BlueYonder

DECEMBER 4, 2023

A recent survey of demand planners’ concerns and day-to-day experiences sheds light on the challenges faced by planning teams today and highlights the pressing need for innovative solutions to solve for them. By consolidating data sources and providing a user-friendly interface, it enhances overall efficiency and accuracy.

Supply and Demand 105

Supply and Demand Modeling Supply Chain Planning Software Scenario Planning 105

Logistics Viewpoints

OCTOBER 12, 2023

The following will delve into some of the intricate farm-to-table challenges that supply chains face across sourcing, demand planning, procurement and inventory management, transportation, and warehousing. Sourcing is not only from traditional farms but also from controlled environment agriculture (e.g.,

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 316

Logility

NOVEMBER 13, 2020

You can be proactive and use c ausal f orecasting to leverage data you already own, model additional data sources that could help explain demand variability… or do nothing. . First, what it’s not is a replacement for demand forecasting. The final step is integration back to your master demand planning systems. .

Forecasting 246

Forecasting Forecasting Software Supply Chain Planning Software Price Reduction 246

AIMMS

JULY 13, 2020

You can also assess what your weighted revenue volume margin looks like for different products and carry that forward into the demand review step. Pitfall #3: Demand is not owned by sales and marketing. Speaking of demand, another common pitfall is having supply chain teams own the demand plan.

Scenario Planning 400

Scenario Planning Supply Chain Planning Software Resource Reduction AIMMS 400

ToolsGroup

FEBRUARY 24, 2025

Image source: Stefan de Kok 2. Leverage ML-Powered Demand Forecasting Machine learning (ML) is transforming demand forecasting by analyzing vast datasets, detecting hidden patterns, and continuously refining predictions.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Supply Chain Shaman

NOVEMBER 15, 2021

In this world of demand volatility, processes need to shift to be outside-in to use market data. Effectiveness in Sales and Operations planned declined over the last decade as organizations attempted to tightly integrate the budget to the demand plan and constrain operations based on the financial plan.

Supply Chain Design Software 355

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 355

Supply Chain Shaman

FEBRUARY 13, 2020

Note that at this time, demand volatility risk was larger than economic uncertainty. However, we have made little progress to mitigate demand variability as a supply chain risk. The answer is more than simple demand planning techniques. The Role of Demand Variability in Risk Mitigation from the 2015 Study.

Optimal Sourcing 301

Optimal Sourcing Modeling Forecasting Supply and Demand 301

Logistics Viewpoints

MAY 15, 2025

Companies must harness a wide variety of data structures and formats, spanning internal and external sources. Before this experience, Alex spent several years at Subway where she was responsible for managing demand planning for promotional, limited time offers, and R&D test products.

Resource Reduction 159

Resource Reduction Inventory Reduction Sourcing Strategies Supply Chain Planning Software 159

Supply Chain Shaman

NOVEMBER 9, 2023

First pass tender percentage in transportation planning. Please note that in the traditional definition of supply chain planning, demand planning does not synchronize with revenue management (they operate as separate entities), and transportation planning has nothing in common with distribution requirements planning.

Optimal Sourcing 409

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 409

Supply Chain Shaman

MAY 26, 2023

Or a unified data model across source, make, and deliver for planning? TMS and DRP have little in common, and revenue management operates isolated from demand planning.) The greatest value in the network is making effective trade-offs between source, make, and deliver. Why is this needed? Stay tuned.

Optimal Sourcing 369

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 369

ivalua

FEBRUARY 25, 2021

For example, a single-stack approach can lead to low user adoption, because the incumbent sourcing solution, for example, fails to meet the needs of various business units. . Demand planning capabilities. Demand planning is the ability to create forecasts that predict the future need for your products.

Supply Chain Planning Software 221

Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software Supply Chain Software 221

ModusLink Corporation

JANUARY 30, 2025

Effective Demand Planning and Forecasting Accurate demand forecasting is the cornerstone of a resilient supply chain. By leveraging data analytics, businesses can better anticipate customer demand, optimize production schedules, and avoid both stockouts and overstocking.

Sourcing Strategies 78

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 78

Logistics Viewpoints

MARCH 17, 2022

Now the new norm is constant change, and agility is the name of the game when it comes to supply chain planning. This includes suppliers, logistics providers, sales, and fulfillment locations/channels supporting autonomous planning decisions that take data flowing from various internal and external sources into account.

Supply Chain Planning Software 336

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 336

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

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

Logistics Viewpoints

OCTOBER 5, 2023

The result is an end-to-end planning process operating on the highest quality data possible. Centralized Demand Planning became the cornerstone that streamlined operations, leading to not just efficiency but an alignment across functions across the entire organization.

Supply Chain Planning Software 301

Supply Chain Planning Software Case Study Analytics Software Optimization Software 301

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 99

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 99

Logistics Viewpoints

JUNE 3, 2024

Decades ago, the ERP market’s first big differentiator was the ability of the ERP to use a bill of materials to translate a demand plan – which forecasts in units – and then transforms those units into tons of raw materials that needed to be sourced. The BOM transformation creates a feasible plan for procurement.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Planning Scenario Planning Manufacturing Procurement 311

Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. There was limited demand planning that tied back to our actual manufacturing capabilities,” Mr. Baker explained. They generated revenues of over $750 million in their last fiscal year.

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 264