Logility

JANUARY 14, 2020

Year after year, survey after survey, forecast accuracy continues to be one of the top metrics for measuring supply chain performance. Russell Goodman, editor-in-chief at SupplyChainBrain , sat down with several supply chain leaders to discuss the impact of Forecast Accuracy on driving better decision making.

Supply and Demand 130

Supply and Demand Forecasting Demand Planning Modeling 130

New Horizon Supply Chain Blog

AUGUST 30, 2023

Introduction I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. Inventory metrics are less intuitive, but ever since U.S. But that doesn’t make forecasting any less important.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Logility

NOVEMBER 3, 2020

When asking the question, “How does machine learning improve supply chain performance?” The expert user interacts with data, reports, and forecasts. The variance from forecast identifies business processes that decision makers will want to understand and take management action on. .

Supply Chain Performance 133

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 133

New Horizon Supply Chain Blog

JULY 15, 2022

I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The answer may seem obvious to supply chain professionals, but it’s worth taking a step back and thinking about how to answer this.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain Shaman

DECEMBER 28, 2020

Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Days of Inventory Comparison.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Supply Chain Shaman

JUNE 30, 2023

As a supply chain leader, he is struggling how to dance in the ring of fire. The ring of fire is corporate politics at the executive level on supply chain performance. Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 312

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). Let me share some and see what you think: Does forecast ownership make a difference in outcomes?

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

ToolsGroup

MAY 2, 2023

FeaturedCustomers evaluated all the potential Demand Forecasting Software companies on its platform for possible inclusion in the Customer Success Report. Only 15 companies met the criteria needed to be included in the Spring 2023 Demand Forecasting Software Customer Success Report.

ToolsGroup 156

ToolsGroup Forecasting Software Supply Chain Design Software Supply Chain Planning Software 156

ToolsGroup

JUNE 6, 2023

MILAN and BOSTON – June 6, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is thrilled to announce it has been selected by D.I.MAR, an Italian leader in the frozen food industry, to heighten its supply chain performance, bolster supplier relationships, and drive enhanced business results.

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

Logility

NOVEMBER 28, 2023

The transformation of planning, sensing, and forecasting A key area in the S&OP process where AI is particularly transformative is demand. By moving beyond conventional, backward-looking methods, planning can forecast demand and inventory at the speed of the market. AI can help with that.”

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 130

Supply Chain Shaman

JULY 25, 2021

The potential for supply chain performance declined in each of these industries. In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. While market potential declined, individual company performance declined faster. The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Movement

JULY 13, 2014

Church & Dwight Co, a manufacturer of household and personal care products, has selected Terra Technology’s Demand Sensing and Multi-Enterprise Inventory Optimization to lower inventory while ensuring high service levels. Yeager: “By sensing demand, we can now more accurately predict what our customers will order.

Forecasting 84

Forecasting Forecasting Software Supply and Demand Supply Chain Planning Software 84

EazyStock

DECEMBER 13, 2020

The best way to safeguard your supply chain will be by building resilience into your operations. Supply Chain Performance: Reviewing 2020. Take the time to reflect on your supply chain’s performance this past year. Did you have frequent stock-outs after adjusting your forecast?

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Inventory Management Software Resource Reduction 98

ThroughPut

DECEMBER 1, 2023

It involves constructing an accurate forecast of future demand based on supply drivers, aiming to meet customer needs as precisely as possible. With the unpredictable levels of demand fluctuations in today’s market, it’s crucial to effectively navigate the path to replenishment management in supply chains.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

BlueYonder

SEPTEMBER 25, 2023

The domain business services are, for example, order, inventory, load building forecast, cross stock, and flow through. We are now able to, for instance, for your warehouse solution, add two microservices, one for inventory availability and the other for decisioning around where you should source inventory from.

Supply Chain Planning Software 101

Supply Chain Planning Software Optimization Software Forecasting Software Predictive Analytics Software 101

Supply Chain Shaman

SEPTEMBER 5, 2022

Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

ToolsGroup

OCTOBER 12, 2021

As supply chains continue to grapple with volatility and disruption post-pandemic, fashion brands, who faced increased risks during the pandemic because of lockdown, are now turning to better supply chain planning for fashion strategies with the end goal of achieving improved agility and a competitive advantage.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

ToolsGroup

MARCH 7, 2023

The dynamic sourcing capability automatically smooths inventory targets day after day and ensures target service levels are achieved regardless of supplier constraints. Modularization enables engines like Stock-to-Service Curves to be provided as micro-services to other applications in the supply chain ecosystem.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

Aera Technology

JANUARY 30, 2018

By Stephanie Glass The complexities of demand forecasting have bedeviled businesses for decades. electric utilities lost millions in the 1970s and ’80s after investing in new power plants based on forecasts that demand would rise 7 percent a year. . · Theoretically, demand forecasting should be easier and more accurate.

Forecasting 49

Forecasting Modeling Forecasting Software Demand Planning Software 49

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

SCMDOJO

APRIL 29, 2024

Key Components of Supply Chain Management To understand supply chain management better, let’s dive into its key components. The supply chain consists of several interconnected stages, each playing a vital role in the overall process.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 52

Logility

MARCH 21, 2023

Driving business goals from the same language With an IBP platform, CFOs and CSCOs can leverage financial targets and supply chain performance to inform their strategies, as demonstrated by the following business scenarios.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

Kinaxis

FEBRUARY 5, 2015

by Melissa Clow Our partner Celestica recently published the following article, ‘What If You Could Take The Guesswork Out Of Forecast Planning?’. Demand planning has a big impact on business performance. Demand planning has a big impact on business performance. Let’s find out. Avoid guesswork.

Forecasting 100

Forecasting Supply Chain Planning Software Forecasting Software Scenario Planning 100

ModusLink Corporation

FEBRUARY 9, 2022

Inventory Management has always played a key part in any successful Supply Chain. Correctly managing inventory levels helps companies to swiftly adapt to unpredictable changes within the marketplace. Without adapting to the current demand, your winter jackets will become excess inventory overtime. from [link].

Inventory Management Software 78

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 78

Clear Spider

OCTOBER 26, 2022

For many of these successful companies, a Vendor Managed Inventory (VMI) system is the secret to their enviable growth. To break it down, efficient supply chain and inventory management practices should do two things: minimize inventory costs and maximize profits. Why Vendor Managed Inventory?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

Supply Chain Shaman

AUGUST 12, 2022

Analyze the Coefficient of Variation (COV) at different points in the demand hierarchy to understand forecastability, and analyze the bias, FVA and latency of the current plan. He was also unaware of how to measure Forecast Value-Added, the Bullwhip impact and the health of inventory. Hire a consultant to help. Build Teams.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

Unleashed

APRIL 9, 2024

It measures inventory availability and the ability to meet customer orders as they come in. Inventory management A business with a healthy OTIF score is more likely to manage its inventory well and avoid overstocking or stockouts. This results in increased holding costs and a greater risk of inventory obsolescence.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

GlobalTranz

FEBRUARY 24, 2021

truck border crossing times), inventory levels, demand forecasts, and capacity constraints, both internally (e.g., Having this level of access to real-time data can also dramatically improve supply chain performance by keeping all parties informed. This will require integrating logistics market information (e.g.,

Resource Reduction 276

Resource Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software 276

Global Trade Management

NOVEMBER 24, 2023

Introduction Supply chain digitalization is a pivotal element of modern supply chain management, driving improvements in inventory management, operational efficiency, and asset utilization. Improving Inventory Management Supply chain digitalization plays a crucial role in elevating inventory management.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Inventory Reduction Resource Reduction 52

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Functions of the Supply Chain Department The supply chain department is responsible for a wide range of functions, each contributing to the overall efficiency of the supply chain.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Demand Sensing for Accurate Planning and Forecasting. A McKinsey’s report published in 2022 indicates that 32 per cent of people from industries like automotive, consumer goods, and pharmaceutical find demand variability and forecasting responsible for value chain disruptions. billion by 2025.

Supply Chain Software 130

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

Logility

AUGUST 20, 2021

Businesses have faced many other supply chain planning challenges caused by the disruption of the pandemic. Most companies can no longer rely on historical data to predict demand and inform supply chain forecasting. And in either scenario, poor supply chain planning hurts their bottom line.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Planning 130

Demand Solutions

DECEMBER 30, 2014

Over my next few articles, I’ll share some tips on the kinds of resolutions you can put in place to get your supply chain performance back on track in 2015. Of course, if your supply chain is already humming, then these tips can help you achieve even greater levels of performance. This isn’t good enough.

Forecasting 190

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 190

ToolsGroup

JUNE 11, 2020

This made SKF unwieldy, unable to react quickly enough to changes and limited its possibilities to further develop its supply chain performance. Digital transformation enables automated supply chain planning. How much inventory do we hold of that item in all our locations? million (SEK 82 million).

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

Supply Chain Shaman

MAY 1, 2023

The techniques to improve agility are improving data transparency/insights, use of attribute-based planning, design of push-pull decoupling points, pooling of inventory, and configure-to-order/make-to-order manufacturing. They also rate their supply chain performance statistically higher than those struggling to understand the strategy.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

Supply Chain Shaman

JUNE 19, 2013

Companies are stalled on improving customer service and forecast accuracy. It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity. Supply chains have not morphed to manage the complexity at the same cost, quality and level of customer service.

Forecasting 268

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 268

Logility

JULY 4, 2018

A supply chain Master Data Management (MDM) solution provides consistent, harmonized, standardized and actively managed data from across the extended supply chain. Accurate demand forecasts lay the foundation for an effective supply chain.

Chemicals 113

Chemicals Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization 113