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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

Over the last two years, I actively engaged technologists and business leaders to redefine demand planning. In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI. Go to the source. I think so.

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What are the Differences Between Demand Planning and Demand Forecasting?

ThroughPut

In supply chain management, accurately distinguishing between demand planning and demand forecasting is essential yet challenging. The consequences of conflating demand planning with demand forecasting are significant, impacting inventory management, customer satisfaction, and financial health.

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Roles and Responsibilities of Demand Planning

QAD

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?

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Demand Planning Software – Top 3 Demand Forecasting Mistakes to Avoid

Logility

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.

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Editor’s Choice: The TikTok Effect on Demand Planning

Logistics Viewpoints

Or, why you need demand planning for going viral on social media. Thanks to demand planning innovations, supply chain planners are detecting potential demand spikes before they become global phenomena – even when that data comes from outside sources, like TikTok or Google Trends.

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ToolsGroup Unveils Significant Enhancements to the Dynamic Planning Capabilities and Modularization of its Demand Planning Software

ToolsGroup

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.

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Revolutionize Your Supply Chain With Cognitive Demand Planning: Insights From 2023 Survey

BlueYonder

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.