Logistics Viewpoints

MARCH 27, 2023

When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. How much will demand be impacted?

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Logility

FEBRUARY 7, 2023

Solve for demand planning confidence, despite economic uncertainty. Lurking beneath the relentless wave of supply chain disruptions are challenges managing supply and demand, as peaks and valleys in orders mean a longer shelf life for warehouse inventory. Take, for example, Nike.

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ShipBob

OCTOBER 24, 2022

Maybe you only have a slight understanding of demand for your products. Forecasting projections is one of the toughest things to get right. Whether your brand is experiencing gradual sales or is in high-growth mode , we’ll walk you through some tips to improve your ability to forecast demand. Demand forecasting FAQs.

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Forecasting Forecasting Software Modeling Demand Planning Software 130

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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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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ToolsGroup

FEBRUARY 28, 2023

At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supply chain challenges. That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supply chains a force for good in the world.

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ToolsGroup

FEBRUARY 19, 2020

“Good old supply chain. said no VP of supply chain ever. . 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? .

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ThroughPut

MAY 2, 2024

Thanks to the increasing competition in today’s global markets, growing customer expectations, and the rising demand for products with shorter life cycles, most businesses have been forced to sharply focus their attention on accurate demand sensing – and planning for it – to stay profitable and sustainable.

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ToolsGroup

MAY 19, 2021

Demand forecasting is tough, and getting it right over the entire product lifecycle during the course of launch, maturation, and end-of-life is tougher still. Forecasting new product introductions is difficult because you don’t have sales history, and you don’t have a good idea of how quickly the product will take off.

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Forecasting Forecasting Software Supply and Demand Supply Chain Planning Software 156

ToolsGroup

SEPTEMBER 9, 2020

How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? Your customers don’t care if you have a great demand forecast. How do you turn a good forecast into a great inventory plan? How do you turn a good forecast into a great inventory plan?

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Supply Chain Shaman

JUNE 3, 2024

Waves of hype pass through supply chain narratives. and digital supply chains. and digital supply chains. I could write a blog about each story, but let’s save that for coffee.) (I could write a blog about each story, but let’s save that for coffee.) Thought leaders push concepts.

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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. weather, social media). Set Specific Business Objectives at the Start. Data Volume.

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Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience? I am not clear on the White House mission.

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Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 345

Supply Chain Shaman

NOVEMBER 15, 2023

Supply management. Supply chain management. Supply chain planning. The essence of the question is resilience and the ability to forecast in a variable market reliably. This gets us to the question of what is the role of the forecast?` Let’s not quibble on the percentages. The answer is no.

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Supply Chain Shaman

APRIL 16, 2024

Last week, I published an article on outside-in planning. The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. For me, the concepts of outside-in and self-service planning are intertwined. So my questions are simple.

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Logistics Viewpoints

JULY 22, 2021

While the terminology evolved, the underlying thesis of S&OP has stayed the same, i.e., bridge the divide between sales forecasts and operational plans while respecting the budget. Then the process was put to test in recent times, as increasing demand and supply side shocks caught companies flatfooted.

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Supply Chain Shaman

FEBRUARY 26, 2024

The layers of the outside-in process surround the traditional supply chain planning applications shown in blue. Outside-in Planning Taxonomy 2. It might seem unlikely, but the American Red Cross is a leader in defining a market-driven supply chain using outside-in signals. If not, let’s pack more hamburger.

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Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 215

Supply Chain Shaman

SEPTEMBER 10, 2023

These questions are top of mind as I wrap up a class of 154 individuals learning the principles of outside-in supply chain planning processes. The continuation of the belief in the definition of today’s supply chain planning is a tangled web that we weave that is a bit of a mess. Is the plan feasible?

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Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 259

Herlitz Inventory Management

JANUARY 18, 2023

What is Demand Forecasting? Demand forecasting is a vital activity for wholesale and retail purchasing teams. It helps ensure they will have adequate inventory available to meet future demand and avoid stockouts. Demand forecasting is a process that helps retailers and wholesalers predict future consumer demand.

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AIMMS

MAY 6, 2019

In December 2006, I published an article titled “ S&OP or just good supply chain planning ?” The article looked at what Sales and Operations Planning is, what it isn’t, and whether companies were on the right path to implementing it. I wondered: is S& OP just too hard to implement ?

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SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Using AI in inventory management.

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Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

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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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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GlobalTranz

DECEMBER 22, 2020

In the first half of the year, panic buying drove supply and demand imbalance across the supply chain and caused truckload capacity to tighten. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data.

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ThroughPut

MAY 13, 2022

How can one plan demand in such volatile times? According to Gartner , a top challenge that businesses face today – irrespective of size, scale, or industry – is demand volatility. But what if you could predict demand early enough to plan for, manage, and make the most of it, always?

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Using AI in inventory management.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

ToolsGroup

DECEMBER 12, 2017

Since the beginning of time – OK, since the beginning of demand forecasting the standard approach has been a single number forecast that works relatively well with stable high volume demand. Traditional forecasting tools such as SAP APO, designed 25 years ago or more, generally hold their own in this environment.

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The Network Effect

APRIL 17, 2015

Note, this is part two in a series on demand sensing. Information theory shows us that increasing mathematical precision to model a “perfect fit” will reach a point where further sophistication of time-series analysis no longer is able to improve upon forecast accuracy. Demand Sensing vs. Demand Management.

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Alloy

NOVEMBER 28, 2023

Drives 35% YoY Forecast Accuracy Improvement at Ember Alloy.ai’s software also helps Ember drive inventory efficiency, scale its access to retail point-of-sale data, and align internal functions around a single source of truth for sales, inventory and demand planning. This year, with Alloy.ai This year, with Alloy.ai

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Forecasting Forecasting Software Supply Chain Planning Software Optimal Sourcing 52

Logility

MAY 26, 2022

Key Takeaways: • Supply chain volatility is expected to continue and plague some sectors until 2024. Demand constraints create financial risks as well as environmental problems. • 25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. Supply and demand.

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AIMMS

JANUARY 9, 2018

We spoke with Aron Waas, Global Supply Chain Director at Royal Boon Edam International to hear about his company’s experience. Hello Aron, can you tell me more about Boon Edam and your role as Global Supply Chain Director? I am part of the global management team, responsible for everything that has to do with supply chain management.

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S&OP Supply and Demand AIMMS Supply Chain Planning Software 240

Supply Chain Shaman

JANUARY 21, 2014

Nine out of ten supply chains are stuck. The secret to unsticking the supply chain is to redesign processes to be outside-in. The supply chain processes need to be designed from the market back. Most companies have designed supply-centric processes from the inside-out. Step Up and Learn the Language of Demand.

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Logistics Viewpoints

APRIL 10, 2023

Franklin Sports needed to protect sales in this category by improving their pickleball supply chain. To achieve that, Franklin Sports supply chain needed to be improved significantly. Sporting Goods companies must be able to support dramatic changes in demand and fast-growing new business lines. Jennings’ name.

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ThroughPut

NOVEMBER 18, 2022

Around 69% of companies do not have complete visibility of their supply chains or that 46% of small businesses don’t track their inventory or don’t have an automated method to track it? If the COVID-19 pandemic has taught us anything, it’s the volatility of the market and how the demand dynamics can change almost overnight.

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BlueYonder

JULY 6, 2023

Market-based demand forecasting to help you predict localized demand and placement of inventory Retailers are facing increasing pressure to offer affordable, reliable, and frictionless customer experiences. You can also check out Part 1 of this blog.

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ThroughPut

MAY 13, 2022

How can one plan demand in such volatile times? According to Gartner , a top challenge that businesses face today – irrespective of size, scale, or industry – is demand volatility. But what if you could predict demand early enough to plan for, manage, and make the most of it, always?

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ToolsGroup

AUGUST 23, 2016

Editors Note: A few weeks ago, we published a blog describing why most CPG companies have hit a demand forecasting ceiling. Many consumer product companies are showing keen interest in Demand Sensing and it is much talked about today. Near-future means hours or days, depending upon how dynamic your supply chain.

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