Demand Planning

SupplyPike

What is a demand plan? Demand planning tells you how much inventory you can expect to sell, down to the regional level. Demand planning helps identify potential expansions to your product line or supply, as well as potential threats to your sales.

4 Ways Sonus Improved Demand Planning and Reduced Inventory by 20%

Kinaxis

by Alexa Cheater Struggling with the reality of not being able to easily consolidate data, global telecommunications company Sonus Networks was dealing with delays in understanding the impact of changes to its supply chain plans.

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Structuring Your Demand Planning Group to Make its Greatest Contribution

Supply Chain Nation

Whether you are contemplating creating a demand planning group within your company, or questioning whether your current demand planning is as functional as possible, Part 2 of this 4-part series is aimed to help you navigate the hurdles of structuring your organization and its supported processes, so as to ensure your demand planning group is established and organized for its greatest chance of success. Demand Planning Supported Processes.

Structuring Your Demand Planning Group to Make its Greatest Contribution – Part 2 of 4

Supply Chain Nation

What your demand planning organization does is key to where it sits and how it needs to be structured. What follows is a high-level look at the processes that a robust demand planning function supports. Demand Planning Supported Processes.

Who Loves Ya? Demand Planning or Supply Planning? (Part 3)

Blue Ridge

we tackled the giant Elephant in the Room: What exactly is the difference between Demand Planning and Supply Planning? It’s all about managing the Customer Forecast (Demand Planning) and the Inventory Supply (Supply Planning). Daily Demand Forecast Profile.

Secret Benefits of Warehouse Management System

Vinculum

Most of the growing enterprises have a separate team of professionals specialised in logistics to look after the warehouses so that the demand and supply balance is maintained in favour of the organisation and funds can be saved by creating accurate products.

The Top Five Benefits of Using Machine Learning for Demand Forecasting

Logility

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Analytics Demand Planning

What Is Demand Sensing and How Do You Get Started?

ToolsGroup

We’ve created quite a monster with all the sophisticated tools we use to influence demand with pricing, new product introductions and promotions. As businesses use more “levers” to influence demand, demand variability grows. What is Demand Sensing? .

How Healthcare Is Managing Unpredictability

Tecsys

Healthcare Posts Automated Stock Replenishment COVID-19 demand planning Supply Chain Resiliency Warehouse CapacityHealth systems are flexing their emergency preparedness muscles like never before.

Four Things You Probably Didn’t Know About Inventory Planning and Sustainability

ToolsGroup

You can’t scan the headlines without coming across an article or advertisement about sustainability, but there is precious little information about how supply chain planning software supports green initiatives. Efficient supply chain planning reduces wasted fuel and transportation capacity.

29 warehouse & automation experts share insights on how warehouse robots will impact industry employment

6 River Systems

Warehouse robots are just one form of warehouse automation , but they’re making a big impact. In reality, warehouse robots are augmenting the work of humans, streamlining tedious, repetitive tasks and reducing errors, while also easing the physical demands on warehouse workers.

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Simply put, he would always have to scramble and pay above market rates to find enough trucking capacity to meet demand. Break down your supply chain functional silos. This advice is not new.

Rethinking Warehouse Operations Management with Artificial Intelligence

ThroughPut

After all, it is important to know how certain events could impact operations in the future and what companies can do to mitigate unforeseen risks due to volatile production conditions to efficiently manage warehouse operations. Guest Post written by Anita Raj, Industry 4.0 and AI Evangelist.

23 warehouse pros reveal the best ways for warehouses to control & reduce fulfillment costs

6 River Systems

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson.

The Top Five Benefits of Using Machine Learning for Demand Forecasting

Halo

Halo’s strength in and focus on Machine Learning (ML) is the foundation of our Data Science initiative, where we develop thin layers of R statistical programming that integrate with Halo Data Warehousing , visualization, and reporting technology. Stakeholders who care about forecasting in demand planning care about accuracy, and usually will not accept a new forecasting method unless it is rigorously validated against known forecasting benchmarks with proven accuracy.

Let the Holiday Shopping Madness Begin!

Kinaxis

But due to the popularity of online shopping and the rise of free shipping policies, retailers are changing up their hiring plans, staffing more warehouse workers and fewer cashiers and greeters. Miscellanea Demand planning Logistics Supply chain

My Take: Let’s Admit Seven Demand Management Mistakes of the Last Decade

Supply Chain Shaman

Within an organization, the words “Demand Planning” stir emotions. Seldom do we find a team excited about demand planning. After two decades of process and technology refinement, excellence in demand management still eludes supply chain teams.

Five Elements of Successful Sales Forecasting

Logility

Sales Planning. Sales planning is essential for any company – but especially for firms in high growth mode or experiencing a change like adding new products or entering new markets. Do we have the right mix of price, promotion and marketing in place to drive demand?

Take These (Supply) Chains From my Heart – Planning for Valentine’s day.

DynaSys

Supply chain planning may seem oh so unromantic – what with all the talk of S&OP, and IBP and all of our websites full of pictures of warehouses. That’s the demand side. The planning is passed to the lovestruck and the producer can make to order.

Trust, But Verify

Supply Chain Shaman

” A software supply chain planning project needs careful selection based on the fit of the engine and the data model. In Figure 1, we outline some of the satisfaction rates with demand planning and S&OP software. Forecasting/Demand Planning.

A Zen Master’s Guide to a Good Forecasting System

Halo

Publish model for use in planning. Halo Blog Supply Chain Analytics Demand Forecasting data warehousing Machine Learning demand planningFive Koan of A Good Forecasting System. Having a hard time figuring out how to use forecasting when the results never seem good enough? For many of us, forecasting seems like either too much work, or too complicated to get right.

The Evolution of the Warehouse: How Innovation is Changing the Supply Chain – Part 1 of 3

Supply Chain Nation

Carey School of Business, “ The Warehouse of the Future.” What’s Changed or Changing within the Warehouse. Therefore, companies started implementing WMS systems, first focusing on warehouse accuracy and traceability. The Evolution of Warehouse Types.

DC 69

Good Times Can Be Dangerous to Supply Chain Operations

Logility

Deep cuts in inventory, manufacturing, transportation, warehousing, not to mention people, that take place in recessions can make managing the rebound after a recession very difficult. There is also a considerable effort around cannibalization, replacement and phase out planning.

Andreas Gärtner of Nestlé on Forecasting: “Track the Mad Bulls!”

Supply Chain Movement

Forecasting product demand will never by 100% perfect but it is possible to reduce the error of judgment. Nestlé is revitalising its Demand Forecasting process in Europe, relying on analytics to predict the demand for low-volatile products. Future of Demand Planning.

Supply Chain Agenda of Alessandro de Luca, SVP at Merck Group

Supply Chain Movement

It involves supply planning, distribution and warehousing, demand planning, country customer service and contract manufacturing operations (CMO) for all brands within the pharma division, which has a turnover of Euro 6 billion per year.”.

Groups 104

Finn-Tack implements inventory and demand management solution

Supply Chain Movement

Finn-Tack, with an international customer base with growing global demand, has two production plants in China, and the Ukraine, manufacturing riding equipment and clothing. It also has a further four warehouses in The Netherlands, North America, Russia, and in Finland.

The Evolution of the Warehouse: How Innovation is Changing the Supply Chain – Part 1 of 3

Supply Chain Nation

Carey School of Business, “ The Warehouse of the Future.” What’s Changed or Changing within the Warehouse. Therefore, companies started implementing WMS systems, first focusing on warehouse accuracy and traceability. The Evolution of Warehouse Types.

DC 52

Warehouse of the Future: The Importance of an Integrated and Autonomous Supply Chain System – Part 3 of 3

Supply Chain Nation

In part 1 of this blog series , we took a look at how innovation is changing the supply chain and the evolution of different warehouse types and processes. An organization with integrated supply chain planning and execution solutions can be “ constraint aware.”

Warehouse of the Future: The Importance of an Integrated and Autonomous Supply Chain System – Part 3 of 3

Supply Chain Nation

In part 1 of this blog series , we took a look at how innovation is changing the supply chain and the evolution of different warehouse types and processes. Integrating planning supply chain software, coupled with execution solutions, such as warehouse management systems (WMS), can help optimize supply chains. An organization with integrated supply chain planning and execution solutions can be “ constraint aware.” Analytics and Warehouse Automation.

B2B Demand Sensing: 7 Things You Must Know

Arkieva

What are the key things to know about B2B demand sensing? In our upcoming webinar on B2B Demand Sensing , we will discuss practical examples of how upstream manufacturers are using B2B Demand sensing to reduce inventory costs and identify additional sales opportunities.

Change, it keeps on coming…

Supply Chain Nation

Now, at first glance this statistic may appear only to be relevant to retailers, but an increase in BOPIS fulfillment will ripple through the entire supply chain – affecting inventory allocation and replenishment, warehousing and logistics decisions and more. My colleague Srini Muthusrinivasan and I recently wrote an article about this radical change in consumer behavior and how supply chain processes such as demand planning and collaboration must adapt.

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

Aside from the demand planning, customer order management, and supplier order management activities associated with Fulfillment most people traditionally think of Fulfillment in the context of the Warehouse or Distribution Centre. Subscribe Here! Email Address.

Change, it keeps on coming…

Supply Chain Nation

Now, at first glance this statistic may appear only to be relevant to retailers, but an increase in BOPIS fulfillment will ripple through the entire supply chain – affecting inventory allocation and replenishment, warehousing and logistics decisions and more.

Why Warehouse Technology is the First Step in Fast Shipping

PLS Logistics

Creating a SCM strategy includes aspects of logistics management and demand planning that work in tandem with a transportation strategy. Companies implement supply chain management (SCM) strategies in order to meet customer expectations like fast delivery. Delivery time is the sum of fulfillment time and transport time. Companies are emphasizing the importance of fast fulfillment in order to reduce overall delivery time.

SCM 100

Win E-Commerce Peak Season With Warehouse Analytics

Veridian Solutions

As explained by Stevie Hay of Inbound Logistics , supply chain leaders need an effective strategy to succeed in peak season, and warehouse analytics may be the ideal solution. Remember, a supply chain is only as effective as its weakest link, and if replenishment processes fall short, order fulfillment and throughput in the warehouse will falter. Warehouse Analytics Enable Better Planning. Tips for Using Warehouse Analytics.