Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The question was, “How can I redefine demand planning processes to use channel data?” This blog post started a series of telephone calls. The taxonomies and goals are different.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

Logility

JANUARY 22, 2014

Demand management has always been at the top of supply chain professionals’ list of challenges. And also to note, many respondents in this survey could not demonstrate an alignment of performance metrics to the S&OP process. These are all issues that should be discussed and managed through the S&OP process.

Demand Planning Software 101

Demand Planning Software Supply and Demand Supply Chain Planning Software Demand Management 101

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship.

Forecasting 214

Forecasting Forecasting Software Modeling Optimal Sourcing 214

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Logistics Viewpoints

SEPTEMBER 25, 2024

In manufacturing, IoT sensors ensure that each step of the process is tracked, ensuring that all materials meet required quality standards. Another challenge is device compatibility—different manufacturers produce IoT devices with varying standards, making it difficult to ensure frictionless communication between systems.

Internet of things 258

Internet of things Real-time Visibility Supply Chain Design Software Supply Chain Network Software 258

Kinaxis

JULY 18, 2014

Even if you’re not you should check out Supply Chain Insights, Supply Chain Metrics That Matter. It has about 6 million components which are manufactured in 30 countries by 550 unique suppliers. by Bill DuBois. Are you looking for some reading material to pass the time on your next flight? No registration required.).

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Supply Chain Strategy Aerospace 224

ThroughPut

MAY 22, 2024

Following this, data sources are identified and shared, and success metrics and business outcomes are defined so that everyone works toward the same goals. Such quality validation is crucial, as a seemingly simple mislabeling of a product category could potentially lead to, for example, a 10% inefficiency in demand forecasting.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements. At that time, the demand processes were largely regional. Like a car, demand engines needs continual tuning.

Supply and Demand 157

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 157

BlueYonder

APRIL 24, 2023

Even for companies who have implemented supply chain solutions, the replication of data (with each application having its own data store) and latency in data updates from one solution to another preclude manufacturers from achieving synchronized near real-time response. The end result?

Optimal Sourcing 78

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 78

Kinaxis

SEPTEMBER 17, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. by John Westerveld. Not having end-to-end supply chain visibility. Over the next several weeks, I’ll outline these issues and discuss some ideas around how to avoid these practices.

Supply Chain Planning Software 263

Supply Chain Planning Software Supply Chain Design Software Supply Chain Visibility Modeling 263

Kinaxis

SEPTEMBER 16, 2014

While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. We believe it is the supply chain leader’s role to build and manage supply chain performance to drive year-over-year improvements which are balanced, strong and resilient. So, drum roll please….

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279

Supply Chain Shaman

MARCH 9, 2020

As companies outsourced—greater dependency on third parties for manufacturing and transportation—and asset utilization grew from 10% to 35% ROIC the management of the supply chain became more complex. As demand variability increases simple volume analyses like A,B, ad C based on units sold become obsolete.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 312

ThroughPut

AUGUST 12, 2024

Key Benefit #1: SKU-level Demand Insights ThroughPut AI offers a detailed view of each SKU, allowing you to identify high-value, low-value, high-demand, and low-demand items. This real-time, data-driven approach enables you to focus on key SKUs and maintain sharp performance metrics.

Supply and Demand 52

Supply and Demand Demand Planning Software Prescriptive Analytics Software Supply Chain Planning Software 52

Supply Chain Opz

APRIL 15, 2015

Citation count is a metric we use to separate great inventory book from their peers - Lastly, we carefully review each inventory book and make a final cut Results Drum roll please!

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Material Savings Inventory 100

Kinaxis

FEBRUARY 5, 2015

The author, Osgood Vogler, Director, Analytics, Celestica Supply Chain Managed Services, describes an insight-based demand management process: So, how do you take the guesswork out of forecast planning? Demand planning has a big impact on business performance. How predictable is the demand? Let’s find out.

Forecasting 100

Forecasting Supply Chain Planning Software Forecasting Software Scenario Planning 100

Logility

JANUARY 16, 2018

Sometimes demand planners focus too much on forecast accuracy and miss seeing the forest for the trees. I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. Here in lays the crux of the issue with demand sensing.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

Supply Chain Shaman

JULY 22, 2016

Learn to navigate the river of demand. Realize that, within the organization, the concept of demand as a flow is not well understood. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. Client Example of Demand Management Across Time Horizons. It was an ugly color.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

FEBRUARY 11, 2013

The most popular posts are on demand management and Supply Chain Metrics that Matter. This will be a monthly public two-day training course in manufacturing centers in Europe and the United States. I quickly did a search for Supply Chain Shaman…and voila, the new blog was born. The Shaman has served me well.

Gartner 186

Gartner Supply Chain Design Software Modeling Supply and Demand 186

ShipBob

OCTOBER 24, 2022

Demand forecasting helps the business make better-informed supply decisions that estimate the total sales and revenue for a future period of time. Demand forecasting allows businesses to optimize inventory by predicting future sales. Importance of demand forecasting for ecommerce. How ShipBob makes demand forecasting easier.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Talking Logistics

APRIL 27, 2015

The first element are the comprehensive set of strategies covering all the functional elements of your supply chain, including supply management, procurement, demand management, production, inventory management, distribution, customer service, and reverse logistics.

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Price Mitigation Strategies 100

ThroughPut

JULY 24, 2024

The demand insights capabilities offer ABC | XYZ segmentation of sellable products, month-over-month product mix and throughput rate tracking, top-performing/under-performing SKU highlights, and focus on main performing metrics (OTIF, OSA) per segment. The predictive capabilities help compare realized demands with predictive trends.

Supply and Demand 52

Supply and Demand Forecasting Software Demand Planning Software Forecasting 52

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. Low volume inconsistent demand.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Supply Chain Shaman

AUGUST 26, 2015

While traditional forecasting approaches use statistics to model history assuming that historic shipments and order patterns represent future market patterns, in the times of market volatility, especially for manufacturers two-five levels back in the supply chain, traditionally forecasting is not adequate. What are your thoughts?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

ThroughPut

JANUARY 2, 2023

By being able to seamlessly evaluate the actual capacity against realized demand, assess scheduled production load of processes over time, and track the inventory built up amid lost sales opportunities, a sound capacity planning solution can help tide over tricky demand-supply scenarios. Reliability of lead times and machine times.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 52

Material Handling & Logistics

OCTOBER 11, 2017

Many companies try to overcome this problem using ERP systems, demand management tools and other advanced software. The steps in doing this are similar to those involved in value stream mapping any other manufacturing or business process: Form a cross-functional team. Supply Chain Software is Not the Solution.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Lean Inventory Reduction Price Reduction 83

Aera Technology

DECEMBER 20, 2018

Manufacturers are facing SKU proliferation to go to new markets and to answer consumer demand for more personalized products. Yet because those systems are typically disconnected silos, CPG manufacturers still lack the holistic view of the supply chain they need. Plus, new market pressures are raising the stakes for OTIF.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Inventory Management Software 40

ThroughPut

MAY 20, 2021

Covid-19 has distressed the global supply chain and manufacturing networks in every country. The pandemic sent shock waves across the manufacturing world in an unexpected and unprecedented way. For the first time in digital manufacturing history, demand, supply, and workforce availability have been affected globally at the same time.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40

ThroughPut

MAY 20, 2021

Covid-19 has distressed the global supply chain and manufacturing networks in every country. The pandemic sent shock waves across the manufacturing world in an unexpected and unprecedented way. For the first time in digital manufacturing history, demand, supply, and workforce availability have been affected globally at the same time.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40

Aera Technology

NOVEMBER 2, 2017

By Shariq Mansoor Over the past decade, in an effort to keep up with an accelerating pace of business, manufacturing companies have invested billions of dollars into optimizing and automating their supply chain. Aera Technology announces the launch of its Cognitive Skills.

Supply Chain Software 58

Supply Chain Software Prescriptive Analytics Software Supply Chain Optimization Agile and Lean Supply Chain 58

Supply Chain Shaman

MARCH 8, 2016

In July 2013 E2open announced it acquired supply chain vendor icon-scm , and in June 2014 E2open announced its acquisition of SERUS Corporation, a “cloud-based manufacturing and product management provider.” There is greater dependency on third parties for manufacturing and sourcing. The Path Forward.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Opz

JUNE 1, 2014

Manufacturing systems and regulatory compliance are considered to be very complex, coupled with the limited number suppliers due to the high barriers to entry. Moreover, the aircraft manufacturers have to do whatever it takes to win the order long before the commencement of production. Many industries try to imitate Dell''s success.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Vinculum

JUNE 3, 2020

This tracking includes sales forecasting, product ordering, supply chain & warehouse management, and customer fulfillment solutions. Being a component of supply chain management, inventory management tracks the flow of products from manufacturers to warehouses and gradually to point of sale.

Inventory Management Software 59

Inventory Management Software Forecasting Software Supply Chain Planning Software Demand Planning Software 59

Arkieva

JUNE 28, 2016

We might use “availability in Excel directly or with Add-ons” as an “age metric’.). Demand Management. Perhaps the biggest benefit will come linking model(s) of production and supplier capability with relevant time data on purchasing patterns and manufacturing status.

S&OP 92

S&OP Procurement Analytics Analytics Software Supply and Demand 92

Logistics Bureau

NOVEMBER 16, 2020

All will involve a period of on-the-job training: Cost estimators: These are the professionals who collect and analyse data in order to estimate the time, money, materials, and labour needed to manufacture a particular product, or to provide a service. Streamline standards , including in procurement, packaging, and delivery.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 97

USC Consulting Group

APRIL 13, 2021

Differences in or a breakdown of planning for supply, demand and output. They might also be dealing with different metrics, goals or systems for planning and forecasting. One example of differences in planning is if clients have multiple plants or locations.

Modeling 52

Modeling Waste Reduction Supply Chain Planning Software Demand Planning Software 52

Supply Chain Shaman

FEBRUARY 25, 2016

Or is it the use of the Internet of Things to transform manufacturing or reduce issues with counterfeiting? Stuck with inputs from the traditional processes of collaborative forecasting, and traditional definitions of demand planning, demand error and bias are high. Orders do not represent market demand.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Shaman

JUNE 14, 2024

The main event happens behind closed-door meetings between manufacturing sales teams and retailers. Market capitalization/employee is the value metric used as an objective function for the regression. Demand management needs to be redefined outside-in based on flow. The value of the mainstage content is low.

Cost Reduction Strategies 195

Cost Reduction Strategies Waste Reduction Inventory Reduction Supply and Demand 195