ToolsGroup

DECEMBER 11, 2018

Source: Gartner 2018. Gartner recently polled both users and vendors on which supply chain planning (SCP) applications are employing machine learning and in three different analysis, demand planning and demand forecasting came out top of the list. Supply planning came in second.

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Supply and Demand Supply Chain Planning Software Supply Chain Planning Demand Planning 214

Logility

FEBRUARY 13, 2020

Because historical data is a flawed predictor of supply chain conditions over a short period of time. Consider adding demand sensing to your planning mix. The typical performance of demand sensing reduces near-term forecast error by 30% or more compared to traditional time-series forecasting techniques.

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Supply and Demand Optimal Sourcing Forecasting Inventory Reduction 175

QAD

SEPTEMBER 12, 2023

According to Michigan State University , “demand planning is a supply chain management process of forecasting, or predicting, the demand for products to ensure they can be delivered and satisfy customers. Should demand planning be placed under supply chain management, sales, or finance?

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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. The answer lies in demand sensing.

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ThroughPut

MARCH 24, 2024

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 Modern Demand Sensing to Solve Modern Problems?

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Logistics Viewpoints

JULY 6, 2021

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. Or, why you need demand planning for going viral on social media. It’s communal, delightful and entirely unpredictable – and it’s catching supply chains off guard.

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

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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Supply and Demand Modeling Demand Planning Software Optimal Sourcing 218

Logility

JUNE 15, 2021

Food and beverage companies can use demand sensing to predict sudden market trends and prepare for actual supply needs. Demand fluctuations dominate the food and beverage (F&B) industry. In this instance, time, money and resources are wasted trying to sell perishable goods that do not align with consumer demand.

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Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

BlueYonder

DECEMBER 4, 2023

In the rapidly evolving landscape of supply chain management, precision, agility, and resilience are the keys to success. A recent survey of demand planners’ concerns and day-to-day experiences sheds light on the challenges faced by planning teams today and highlights the pressing need for innovative solutions to solve for them.

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Supply and Demand Modeling Supply Chain Planning Software Scenario Planning 85

AIMMS

AUGUST 3, 2020

Sales and Operations Planning has become the preferred method to facilitate clear and formal communication between the demand and supply sides of a business. S&OP as a practice is changing. We have written extensively about how S&OP is changing.

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Scenario Planning S&OP Modeling Supply and Demand 398

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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S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

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. Data Variety The more different types of data sources you factor in (e.g.

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Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

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. Let’s start with the definition.

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Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Logility

JUNE 23, 2023

 S&OP and Multi-Horizon Integrated Business Planning Manual supply chain processes are a real headache. And next to impossible is creating plans in a timely manner when monitoring unrelated KPIs across multiple disconnected sources of data. Supply chain organizations are no strangers to this frustration.

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S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 199

ToolsGroup

APRIL 2, 2019

But now they have started outsourcing supply chain business processes like demand planning, allowing them to focus on other business processes while gaining access to world class capabilities. Is the demand planner talent pool deep enough internally or through acquisition and training? Who should outsource?

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Supply and Demand Supply Chain Planning Software Demand Planning Software Demand Planning 120

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

QAD

APRIL 10, 2024

In today’s era of digital transformation, technology is imperative to mitigate the bullwhip effect within the supply chain. The bullwhip effect illustrates how minor shifts in consumer demand for a product magnify upstream in the supply chain. What do forecast stats help demand planners do?

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Optimal Sourcing Forecasting Supply and Demand Forecasting Software 52

Demand Driven Technologies

SEPTEMBER 5, 2023

[Atlanta, GA – 9/5/2023 ] – Demand Driven Technologies, an emerging leader in supply chain management solutions, is thrilled to announce its strategic partnership with SKU Science, a frontrunner in fast and effective demand planning and forecasting. Read more Source

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ThroughPut

APRIL 20, 2023

The supply chain world can now be easily categorized into phases – Pre-covid and Post-covid. Chief Supply Chain Officers (CSCOs) today have to deal with a new set of challenges including supplier unpredictability, ambiguous and missing historical data, inventory disruptions, supply and demand imbalances, to name a few.

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Supply and Demand Forecasting Demand Planning Procurement Solutions 52

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. The activity is designed to challenge new thinking–to rethink demand as a flow, to identify rocks (barriers), and define process latency (the time to make a decision). Drawings from Two Very Different Businesses Portraying the River of Demand. Mistake #3.

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S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ToolsGroup

AUGUST 8, 2017

Source: Supply Chain Insights, “The Power of Downstream Data”, July 2017. POS data helps sense and respond to localized demand. The blue bars represent historic average order demand profiles, while the colored lines represent regional POS demand patterns.

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Supply and Demand Data Forecasting Supply Chain Planning 174

DynaSys

AUGUST 31, 2021

Data is an integral part of the demand planning cycle. But, the trickiness of collecting data comes mainly from pulling it from all the sources of data for demand planning as well as unifying the data. Different sources of data for demand planning: Enterprise Resource Planning (ERP).

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ThroughPut

MAY 27, 2022

Demand planners have to be ready to adapt instantaneously or risk losing their market position – or, worse, market share. Therefore, there is a need for real-time planning that not only offers a clear line of sight into all relevant internal and external influencers of demand, but also helps anticipate and drive it.

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

ToolsGroup

MAY 10, 2017

Gartner says that the moves have been driven mainly by a significant uptick in overall S&OP maturity of the users it surveyed, which required S&OP solutions to keep pace with increased user demands. Source: Gartner Research, 2017. For more on user S&OP priorities see the full Gartner report here.

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S&OP Supply and Demand Gartner Supply Chain Planning Software 213

Enchange Supply Chain Consultancy

AUGUST 31, 2021

The Enchange Supply Chain House ; the one-stop shop for the elements you need to achieve supply chain excellence.

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Supply and Demand S&OP Sourcing Supply Chain Planning 130

Supply Chain Shaman

SEPTEMBER 10, 2020

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. During this pandemic, sensing market changes, using data, and driving decisions at the speed of business matters more than ever. Tarif issues on Canadian spruce lumber complicate the surge in demand for the building surge.

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Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 381

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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Supply Chain Shaman

FEBRUARY 16, 2024

Great to conceptualize potential use cases, but not today’s reality. We have this today in most supply chain planning solutions. I don’t think that the answer is faster planning or better engines. The problem with supply chain planning is that it is, by definition, not repetitive work.

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Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 362

DynaSys

JULY 29, 2021

When deciding to strengthen your supply chain infrastructure, the question of roles and responsibilities of demand planning arises. Should demand planning be placed under supply chain management, sales, or finance? Demand planning is a bridging function between commerce and supply chain.

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