ThroughPut

MARCH 25, 2024

In supply chain management, accurately distinguishing between demand planning and demand forecasting is essential yet challenging. These processes are foundational for strategic supply chain management but serve distinct functions. What is Demand Forecasting? What is Demand Planning?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Logistics Viewpoints

NOVEMBER 4, 2024

It has led supply chain vendors to discuss how they currently use artificial intelligence. Further, virtually every supplier of supply chain solutions is eager to explain the ongoing investments they are making in artificial intelligence. AI is not a new technology in the supply chain realm; it has been used in some cases for decades.

Supply Chain Planning Software 280

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 280

Silvon Software

JANUARY 25, 2023

Collaboration between Sales and Operations professionals in the demand planning process is critical if you want to achieve better delivery rates, higher service levels, fewer stock-outs and increased customer satisfaction. THE DEMAND PLANNING PROCESS (FOR SALES) Simplify the inputs needed by Sales.

Supply and Demand 119

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 119

Logility

DECEMBER 7, 2023

In the rapidly evolving world of supply chain management, relying on outdated notions or oversimplified strategies can lead to significant missteps. That’s why adapting forecasting methods is essential to navigate the diverse and constantly changing demand patterns effectively. Myth Two – Complexity equals inaccurate forecasting.

Forecasting 190

Forecasting Modeling Forecasting Software Supply and Demand 190

Logistics Viewpoints

MAY 9, 2024

When planning your weekend, you might check a 5-day weather forecast, which provides probabilities of rain, sunshine, or cloudy skies. Recently, Steve Banker wrote an article about taking a flight and planning the drive to the airport. Picture this: you need to plan your inventory levels for the upcoming holiday season.

Supply Chain Planning Software 276

Supply Chain Planning Software Scenario Planning Modeling Supply Chain Planning 276

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

New Horizon Supply Chain Blog

FEBRUARY 23, 2024

Introduction We’ve written quite a few articles on specific aspects of demand planning, but we’ve never written an introductory piece for beginners or those looking for a refresher course. We plan to do this for sales and operations planning (S&OP) and some other areas of supply chain planning as well.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Arkieva

JULY 13, 2021

In today's blog, we discuss step 4 Balancing Supply & Demand where we will answer some key questions with respect to balancing supply and demand. Five Steps to Develop an Effective S&OP Process – Step 4: Balance Supply and Demand was first posted on July 13, 2021 at 1:25 pm.

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Supply and Demand S&OP Scenario Planning Supply Chain Planning 158

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 ?

S&OP 279

S&OP Supply and Demand Modeling Supply Chain Planning Software 279

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.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Arkieva

AUGUST 16, 2023

While working with various optimization models, I often encountered situations where the supply chain optimization model would make decisions to produce items even when there was no demand. This blog discusses different scenarios that led to the optimization models producing and storing excess inventory.

Modeling 148

Modeling Optimization Modeling Supply Chain Optimization Modeling Software 148

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 173

Logility

JUNE 2, 2023

In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. The very foundation of operational efficiency, customer satisfaction, and overall profitability hinges upon the ability to predict demand with precision. Let’s get started!

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

QAD

JULY 24, 2024

Enable Optimized Decision-Making In today’s fast-paced business environment, achieving alignment across all departments and trading partners is crucial for sustainable success. Effective Sales and Operations Planning (S&OP) plays a crucial role in enhancing this business alignment.

S&OP 52

S&OP Supply and Demand Supply Chain Planning Software Optimal Sourcing 52

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 and Demand Demand Planning Supply Chain Planning Scenario Planning 52

The Logistics & Supply Chain Management Society

JUNE 14, 2023

Managing Inventory amid Regime Change by Thomas Willemain, Ph.D ​If Statisticians use the phrase differently, in a way that has high relevance for demand planning and inventory optimization. An item’s demand history is the fuel that powers demand planners’ forecasting machines.

Inventory 130

Inventory Supply and Demand Scenario Planning Demand Planning Software 130

New Horizon Supply Chain Blog

APRIL 26, 2023

INTRODUCTION: FORECASTING WITH SEASONALITY AND CYCLICALITY Whenever I’m involved in demand planning projects at client companies, there’s always intense interest — and concern — among stakeholders about how the forecasting algorithms work, particularly among those new to supply chain planning and demand forecasting.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Modeling 52

New Horizon Supply Chain Blog

APRIL 26, 2023

INTRODUCTION: FORECASTING WITH SEASONALITY AND CYCLICALITY Whenever I’m involved in demand planning projects at client companies, there’s always intense interest — and concern — among stakeholders about how the forecasting algorithms work, particularly among those new to supply chain planning and demand forecasting.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Modeling 52

Arkieva

MARCH 22, 2017

How do you get the sense of what works for demand planning? While making a good sauce often does not require as much precision as baking does, it requires a general sense of measurement. They start to get a sense of what works. The ‘secret sauce’ concept to demand planning is a little bit trickier.

Supply and Demand 87

Supply and Demand Demand Planning Demand Planning Software Supply Chain Planning Software 87

ToolsGroup

MARCH 15, 2023

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. Let’s examine how inventory management has evolved into inventory optimization so that companies can minimize inventory investment while still hitting service level targets and maximing proftability.

Inventory Reduction 156

Inventory Reduction Inventory Management Software Modeling Inventory Management 156

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.

Customer Service 204

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 204

Logility

JANUARY 18, 2024

How AI in Supply Chain Brings Value to Your Business Supply chain leaders are looking to get a firmer grasp on their supply chain planning. And even ChatGPT is making it easy for anyone to create content – even complete articles and white papers – to answer virtually every question people can imagine.

Modeling 188

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Software 188

Logistics Viewpoints

JULY 6, 2022

Michael Burry’s tweet stated that the supply glut at retail is a result of the Bullwhip Effect and that there will be deflationary pulses from this. As a supply chain analyst and an economics enthusiast, I was curious to learn more. Here’s my take on the topic. Retailers’ Inventories – Just Keep your Returns?

Inventory Reduction 284

Inventory Reduction Inventory Retail Purchasing Skills 284

ToolsGroup

OCTOBER 25, 2022

But behind the scenes, demand planners were at work, trying to strike a balance that would help them turn a profit and meet demand without being saddled with rotting pumpkins come November 1. Today the stakes are even higher , with the ever-present ghost of disruption rattling supply chains around the world.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

QAD

AUGUST 28, 2024

S&OP and Executive Meetings, a Necessary Tandem As mentioned in our article, “Understanding Sales and Operations Planning” , S&OP is a structured planning process that uses forecasted customer demand to drive production schedules. Want to Know More About Sales and Operations Planning?

S&OP 52

S&OP Supply and Demand Meeting Optimal Sourcing 52

Supply Chain Shaman

JUNE 9, 2023

In Figure 1, I share a supply chain planning taxonomy or what I lovingly term an old-fashioned jalopy. Few companies design their supply chains (research data shows that 9% of companies actively design their supply chains), and few planning systems actively analyze and drive answers to the questions: Do I have a good plan?

Optimal Sourcing 309

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 309

QAD

AUGUST 14, 2024

Sales and Operations Planning (S&OP) is a strategic and structured process for companies to align business goals with forecasted demand through an effective allocation of operational resources. You need to be able to “name” the risks in your supply chain as these can impact the overall performance of your business.

S&OP 52

S&OP Supply and Demand Risk Management Resource Reduction 52

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 ?

S&OP 156

S&OP Supply and Demand Modeling Forecasting 156

Arkieva

FEBRUARY 19, 2019

Gartner estimates that by 2020, 60% of revenue in supply chain dependent industries will be driven by digital business. Challenges with Excel When Building a Demand Planning Process was first posted on February 19, 2019 at 7:42 am.

Supply and Demand 95

Supply and Demand Demand Planning Supply Chain Planning Software Supply Chain Planning 95

Arkieva

JULY 22, 2020

Inventory comes in many forms and flavors; it is the critical element of supply chains that enable a firm to respond quickly and take advantage of scale. However, managing inventory is one of the most. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. .

Inventory Management 434

Inventory Management Inventory Supply Chain Planning Supply Chain 434

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.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

The Smart Software

JANUARY 4, 2024

Companies can improve overall efficiency and generate significant financial returns by effectively managing spare parts inventory. This article will explore the economic implications of optimized service parts management and how investing in Inventory Optimization and Demand Planning Software can provide a competitive advantage.

Inventory 80

Inventory Supply and Demand Optimization Software Supply Chain Planning Software 80

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.

Inventory Management Software 213

Inventory Management Software Inventory Management Inventory Reduction Inventory 213

DELMIA Quintiq

SEPTEMBER 22, 2021

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. How is AI Improving Supply Chain Management? I’m never one to jump on the bandwagon with emerging technologies.

Predictive Analytics 94

Predictive Analytics Predictive Analytics Software Supply and Demand Supply Chain Disruption 94

Enterra Insights

DECEMBER 10, 2021

1] That’s why most business consultants insist that organizations built on a foundation of Industrial Age processes need to transform into digital enterprises. ”[2] One of those processes, they insist, is Sales & Operations Planning (S&OP). ” The Imperative to Improve S&OP Processes.

S&OP 130

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

Logistics Viewpoints

FEBRUARY 2, 2022

Inflation’s effects on inventory management policies are likely far from top of the mind of Logistics Viewpoints readers in today’s challenging times. However, today’s elevated rate of inflation warrants a closer look at optimal inventory policies. Inventory Costs and Risks.

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Inventory Management Software Inventory Management Inventory Reduction Inventory 286