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. Let’s start the beginning. What is supply chain resilience?

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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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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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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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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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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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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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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. They care if you have the inventory they want when they want it. But carrying too much inventory can reduce profits and might not be practical for some items such as fresh goods.

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Forecasting Modeling Forecasting Software Inventory Reduction 156

Vanguard Software

JULY 20, 2021

And before that, in 2001, Nike also had a demand planning blunder that led to a $100 million loss in sales. These examples show how imperative a proper process for demand planning and supply planning is to an organization’s overall health and profitability. Download Brochure.

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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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DynaSys

JULY 20, 2021

In our article What is Demand Planning , we asked ourselves why is Demand Planning important? Prosperous businesses are able to plan for the peaks and valleys in their sales cycles. It enables them to manage current business volumes and plan for future growth. Increasing supply chain scheduling.

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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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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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Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Over the last few years,” Mr. Stephens explained.

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Logistics Viewpoints

FEBRUARY 5, 2024

Walmart fines suppliers whose goods arrive late or who have not shipped everything that they committed to ship. If a company short ships TVs, they are fined more than if they short ship soup, for example. That data then gets put into an advanced ship notice for the retailer.

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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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ToolsGroup

JUNE 8, 2018

Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. Lots of margin.

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Logistics Viewpoints

DECEMBER 12, 2022

Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. Supply chain planning is not just for the big boys. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain.

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Logility

AUGUST 17, 2021

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network.

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Logistics Viewpoints

JUNE 1, 2023

One day, a product is flying off the shelves, and the next, it’s gathering dust. 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.

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Logility

JULY 10, 2023

Think you don’t understand supply chain?  If you’re not in the supply chain industry, you might not think about supply chain planning daily, or ever. Steve Ungar, vice president with Logility’s Product Management group, shares his thoughts on supply chain in everyday life. Believe it or not, you do it all the time!

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Logistics Viewpoints

DECEMBER 14, 2022

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. Unconventional solutions to excess inventory challenges.

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Logistics Viewpoints

FEBRUARY 21, 2022

Supply chain management has been in the news. But the intricacies of supply chain management are beyond the grasp of most. One key solution used to help manage complex supply chains is supply chain planning (SCP). Supply chain planning is a complex solution. Only the next month’s plan firm.

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Logistics Viewpoints

MARCH 24, 2022

Demand for e-commerce and omnichannel fulfillment continues to grow. Multi-carrier parcel shipping technology empowers fulfillment teams. Multi-carrier parcel shipping technology gives merchants the functionality they need to roll out these offerings and better serve customers. According to Digital Commerce 360 , U.S.

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Silvon Software

MARCH 3, 2023

Below are a handful of important KPIs that should be tracked to ensure that an organization’s S&OP goals stay on track. On-Time Delivery (OTD) On-Time Delivery (OTD) is a primary metric used to determine the overall efficiency of the supply chain. Delivery date.

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Logistics Viewpoints

OCTOBER 6, 2021

Supply chain is once again front-page news in the general business media. Meanwhile, supply shortages and price inflation are getting the front page in consumer-focused publications and plenty of airtime on televised news. I believe there are many reasons for the current supply shortages and supply chain disruptions.

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Logistics Viewpoints

JUNE 26, 2023

Mars has been on a journey to transform their digital supply chain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supply chain mean for us?”

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Enterra Insights

JUNE 22, 2022

Financial writer Emma Kerr ( @emmarkerr ) explains, “Inflation is caused by factors like pressures on the supply or demand side of the economy, money supply policies and even consumer expectations.”[1] And, for months, experts have been saying that inflation won’t ease until demand for products decreases.

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RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line.

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Logility

AUGUST 4, 2022

Your ship’s come in! Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. Then, as port problems eased, a glut of inventory – a phenomenon known as the “ bullwhip effect.” That’s a good thing, right?

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Logility

MAY 28, 2020

Managing the data required for supply chain planning is a bit like raking leaves. The amount of available structured and unstructured supply chain data continues to grow at an exponential rate. The amount of available structured and unstructured supply chain data continues to grow at an exponential rate.

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Logistics Viewpoints

JANUARY 1, 2024

They can also order online and have goods shipped to their home. Historically, an OOM has access to all the company’s inventory. The system allocated which orders would get inventory from a given location to fulfill an order. Constraint logic involves the physical capabilities of a supply chain. However, Ms.

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Logility

MARCH 29, 2022

Truly resilient supply chains can only be built with complete visibility. The COVID-19 pandemic may have been the catalyst for the ongoing supply chain crisis, triggering economic slowdowns, layoffs, and production stoppages, but it is certainly not the whole cause. As you know, demand for some items surged.

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Logistics Viewpoints

AUGUST 2, 2021

Weisenberger is leading their digitally enabled shipping initiative, she works in distribution operations rather than transportation. This consumer goods behemoth has driven ongoing supply chain productivity through their FORCE (Focused On Reducing Costs Everywhere) program. What made Ms. This program has generated savings of $3.5

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Logility

JULY 5, 2023

From Lachelle Buchanan , “Revolutionizing Supply Chain Planning: Unleashing the Power of Generative AI” Supply chain planning has become a critical factor for organizations aiming to gain a competitive edge. Generative AI seems will likely transform the way organizations plan their supply chains.

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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. Inventory optimization.

Forecasting 105

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E2open

AUGUST 24, 2018

So when store supplies for the company’s retail partners are out of synch with production forecasts it can have a very real impact on the $20.8 Empty shelves send impatient buyers to competitors’ products, while too much inventory can result in unwanted carrying costs. billion personal care products giant’s sales. Read Case Study.

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