Arkieva

JANUARY 26, 2021

Demand Planning: Differentiated Forecast Strategy was first posted on January 26, 2021 at 8:15 am. We tried different parameters and different forecasting algorithms but the statistical forecast for about half of the products could not be improved no matter what we tried. We decided to do a deep dive to understand the reason.

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Supply and Demand Forecasting Demand Planning Supply Chain Strategy 157

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. The forecast generated by these algorithms degrades as the demand patterns evolve over time.

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Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

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.

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

Demand Solutions

DECEMBER 15, 2015

That’s exactly what I thought of The Hackett Group’s recent article, “ Demand Planning Optimization – Three Key Steps to Unlocking the True Value of Your Supply Chain.” Know key market trends and their impact on the quality of demand planning. Understanding Key Market Trends.

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Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 100

Demand Solutions

DECEMBER 15, 2015

That’s exactly what I thought of The Hackett Group’s recent article, “ Demand Planning Optimization – Three Key Steps to Unlocking the True Value of Your Supply Chain.” Know key market trends and their impact on the quality of demand planning. Understanding Key Market Trends.

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Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 100

Adexa

JULY 13, 2020

In the early stages of Corona virus, things were changing by the day if not by the hour regarding both short and long term demand sensing for PPE. Monthly demand planning is obviously inadequate. By the time you know what you need and tell your suppliers, demand has already changed and you are left with shortages.

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Supply and Demand Demand Planning Supply Chain Planning Scenario Planning 72

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.

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

SupplyPike

FEBRUARY 5, 2020

What is a demand plan? Demand planning tells you how much inventory you can expect to sell, down to the regional level. Armed with point-of-sales data, knowledge of inventory issues, and accounting for anomalies, you can plan on how much product to manufacture, store in your warehouses, and ship to each region.

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Supply and Demand Demand Planning Modeling Supply Chain Planning Software 63

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.

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Supply and Demand Forecasting Forecasting Software Demand 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 Modeling 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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DynaSys

JANUARY 12, 2022

10 Supply Chain use cases for your Demand plan. Everything else in your business is a response to this demand – your production facilities, warehousing, distribution, staffing and investment levels. Often the demand plan is just seen as an input into supply planning rather than the reason that planning exists.

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Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

DynaSys

MAY 12, 2020

I have just completed a new demand planning project. Before the project, they were using Excel to forecast and plan their business. Before the project, they were using Excel to forecast and plan their business. Items trending up or down were not managed fully. Project success!!

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Supply and Demand Demand Planning Forecasting Scenario Planning 108

ThroughPut

MAY 8, 2023

Demand planning is like the stone you throw into a lake. A smart demand plan, in short, has immense business value. A smart demand plan, in short, has immense business value. But customer demand changes can be super hard to keep up with.

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

Logility

MARCH 25, 2020

A methodology and technology for improving near-future forecasts, demand sensing uses detailed short-term demand data. Demand sensing grew out of the broader trend toward collaborative supply chains, where insular thinking (“What can we make, transport and deliver?”)

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Supply and Demand Forecasting Modeling Demand Planning Software 187

ThroughPut

APRIL 20, 2023

Supply chain planning that is purely based on forecasts is no longer relevant in today’s fast-paced market. Just as we step out of the post-covid impact, the need of the hour is holistic demand planning which can drive results in today’s dynamic and ever-changing business environment. Demand sensing helps achieve this.

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ThroughPut

MAY 27, 2022

In Sales: How flexible is your demand planning and order fulfillment in light of high market variances? How quickly can you pivot to sudden spikes or drops in demand? Data-driven demand planning is simply the better way to plan your business. Can you forecast accurately for the near term?

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Supply and Demand Supply Chain Planning Software Demand Planning Software Real-time Visibility 75

Vanguard Software

JUNE 15, 2021

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. Register Now.

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Supply and Demand Modeling Demand Planning Supply Chain Planning Software 52

ToolsGroup

FEBRUARY 7, 2022

The Retail Trends Shaping How We Shop in 2022. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. Two years later, stores have reopened, but digital commerce is projected to maintain its upward trend.

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Supply Chain Planning Software Trends Retail Forecasting Software 177

DynaSys

JUNE 9, 2020

This article is an introduction to a series of three articles intended to help demand planners manage the impact of COVID – 19 on their demand planning process. The post Demand Planning Against COVID-19: Introduction appeared first on QAD Dynasys Blog.

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Supply and Demand Demand Planning Scenario Planning Supply Chain Planning 92

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 .

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Supply and Demand Forecasting Demand Planning Forecasting Software 52

Logility

SEPTEMBER 7, 2023

In the realm of demand planning, it is essential to understand the differences between statistical forecasts, machine learning (ML) methods, and artificial intelligence (AI). The Foundations: Statistical Forecasts  Statistical forecasts form the backbone of demand planning.

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Supply and Demand Demand Planning Software Modeling Forecasting Software 207

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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o9 Solutions

FEBRUARY 21, 2023

Which parts of your demand planning processes are most broken or need the most improvement? Understanding your planning maturity is the best pathway to resolving these system, data, process and resource challenges. A good demand planning process requires these elements to be defined correctly.

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Supply and Demand Demand Planning Modeling Optimal Sourcing 52

DynaSys

JUNE 16, 2020

In this article, the second of the series analyzing the impact of COVID – 19 on demand planning (find here the first one), you will find a list of actions demand planners can do to correct and clean COVID’s impact on demand. The post Demand Planning Against COVID-19: The Impact appeared first on QAD Dynasys Blog.

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Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 90

ThroughPut

OCTOBER 13, 2021

Statistics around other developing economies in Southeast Asia and Latin America show similar trends on the verge of wide-scale growth. Accurately anticipating this demand to enhance efficiency across the supply chain can lead to breakthroughs in construction supply chain management and the elimination of problematic bottlenecks.

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Supply and Demand Modeling Demand Planning Supply Chain Planning Software 52

Bristlecone

SEPTEMBER 10, 2020

Suddenly, what had been adequate planning tools have now become entirely defunct because of their reliance on historical trends. This has prompted planners to go back to fundamentals and rethink and redesign their demand planning processes. What if my supply plans aren’t flexible enough?

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

Arkieva

MARCH 22, 2017

How do you get the sense of what works for demand planning? Related Webinar: How to Use Predictive Analytics to Drive Sales & Delight Your Customers ] Improving Demand Planning. Related Webinar: How to Use Predictive Analytics to Drive Sales & Delight Your Customers ] Improving Demand Planning.

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Supply and Demand Demand Planning Demand Planning Software Supply Chain Planning Software 62

QAD

APRIL 11, 2024

As I discussed in a recent article in Food Logistics, it’s a powerful tool for predictive analytics, demand planning and business forecasting that shouldn’t be overlooked. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners.

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Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

o9 Solutions

DECEMBER 3, 2021

Demand forecasting is driven by consumer activity and over the past two years, COVID sales patterns have dramatically impacted consumer activity. Therefore, sales history alone no longer provides what’s needed for accurate demand planning in an environment that currently is dealing with volatile demand and supply shocks.

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Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

Logility

JULY 20, 2023

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. Here are our answers to some of the most common questions about demand planning software.

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Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 187

ToolsGroup

OCTOBER 30, 2018

Gartner says that clients are increasingly asking, “What will the future of supply chain planning look like?” and in a recent report ( Technology Reference Model for Stage 5 Maturity Supply Chain Planning, June 2018 ) they see three “mega trends” driving that vision. IoT data) and the planning layers.

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The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Trends Transforming Logistics and Supply Chains In the MENA Region in 2023. Trends Transforming Logistics and Supply Chains In the MENA Region in 2023. by Dr Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai. MORE FROM THIS EDITION.

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Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Stord

DECEMBER 9, 2020

Many of the trends and changes we expect to see in 2021 are largely driven by the supply chain weaknesses and gaps identified in 2020. Customer expectations have become more demanding, brands are adding more sales channels into the supply chain, and 2020 showed us that we need to be prepared for sudden changes to supply and demand patterns.

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Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies Resource Reduction 78

DynaSys

MARCH 26, 2019

The post Demand Planning – We Must Grow our own Garden appeared first on QAD Dynasys Blog. We are really close to Voltaire’s thoughts in his book “Candide ou l’Optimisme” : “Il faut cultiver notre jardin,” which means “We must grow our own garden.”

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Supply and Demand Demand Planning Forecasting Supply Chain Planning 75

IQMS

APRIL 17, 2020

The post Balancing Demand Planning & Same-Day Shipping appeared first on IQMS Manufacturing Blog. CTI also relies on DELMIAworks for its remote access capabilities, enabling its non-production employees to conduct business as usual from their homes.

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