Improving Demand Forecast Accuracy with Machine Learning
ToolsGroup
APRIL 17, 2025
Unlike static demand prediction models, AI-driven forecasting adapts over time, leading to improved demand forecast accuracy.
Forecasting and demand management for new events using machine-learning algorithm
Kinaxis
NOVEMBER 28, 2017
When it comes to forecasting and demand management , a lot. For events like the Super Bowl, retail demand planners create forecasts using data from a variety of sources to adjust product demand profiles in anticipation of which product, or group of products might be in demand the most.
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Logility, Demand Management, and NGC Software Unite Resources, Introduce Logility® Digital Supply Chain Platform
Logility
NOVEMBER 18, 2021
Demand Management, Inc., The synergy between Logility, Demand Management, and NGC Software creates the most complete and innovative supply chain planning platform on the market,” said Allan Dow, president and CEO of Logility, “Now, more than ever, the digital economy requires an intuitive supply chain powered by cognitive planning.
Forecast Accuracy: Keep Your Demand Management Process Honest
Kinaxis
MARCH 20, 2015
by Alexa Cheater Our partner Celestica recently published the following article, ‘ Are you keeping your demand management process honest? ’ Lange, Director of Demand Planning and S&OP Services at Celestica, examines forecast accuracy and the main components of a demand management measurement tool and process.
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From Siloed to Interconnected: Bring Planning, Sourcing and Procurement Together with a Common Platform
Logility
MAY 25, 2022
Sudden spikes and sharp declines in supply and demand are happening too quickly to use information that is ill-relayed, incomplete, outdated, or not received at all. Now more than ever, the conventional silos of planning, sourcing, and procurement teams must be connected into one cohesive network. Let’s face it ?
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The Forecasting Accuracy Bugaboo
Logistics Viewpoints
MARCH 27, 2023
Some suppliers of demand management software can also provide excellent forecast benchmarking for selected industries. Demand forecasts are improved with access to downstream data (point of sale, Nielsen retail data, and access to competitor promotion schedules). forecasting product sales at 10,000 stores.
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What the Analysts Are Saying About…A&D Supply Chains
Kinaxis
JULY 18, 2014
Think about those design, sourcing and delivery challenges. A supply chain based so heavily on external sources is susceptible to more risk than catching a flight on time out of Newark. The report uses the Boeing 747-8 International as an example. I always thought getting through security these days was complex.
Aligning Supply Chain Metrics to Improve Value
Supply Chain Shaman
MAY 21, 2024
The data sourced from Y charts was charted by Regina Denman and shared with the statistics department at Georgia Tech. Demand shaping increases market potential whereas demand shifting moves product from time period to time period without an increase in baseline demand. I look forward to your feedback.
Market Beat. Four Thumbs Down and One Thumb Up.
Supply Chain Shaman
NOVEMBER 11, 2020
Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. The Palantir approach is not a good fit for the supply chain management market. The supply chain career is new.
American Software to Announce Fourth Quarter and Fiscal Year 2022
Logility
MAY 10, 2022
Demand Management, Inc. Demand Management serves clients such as Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador Liquor Corporation. Demand Management serves clients such as Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador Liquor Corporation.
The Next Great Disruption Coming to Supply Chains
Kinaxis
AUGUST 18, 2014
Consumers used multiple devices, internet of things, etc, to check FGI (finished goods inventory) /sub-assembly and raw inventories, build plans, and sourcing options, as they are considering a purchase! They want to assure the sourcing meets their “sustainable” expectations. What if the next great supply chain disruption was….
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Achieving Significant Transportation Savings through Improved Demand Forecasting
Logistics Viewpoints
JUNE 7, 2021
When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The bulk business also involves filling the tanks of businesses that use propane as an energy source. Pinnacle Propane Delivery to a Farm.
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If Only the Supply Chain was Reconfigured
Supply Chain Shaman
AUGUST 12, 2024
I would like for us to move past the conventional view of sourcing strategies and globalization to drive improvements to the supply chain in a variable world. The populist narrative of sourcing globalization is only part of the story. This is especially true in the world of demand management. The Functional Manager.
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FourKites Visibility 2023: CONNECTED
Logistics Viewpoints
SEPTEMBER 13, 2023
Companies are sourcing materials from all over the world, and need to identify those regions which are most important, and which provide the greatest risk for disruptions. Teams need a single source of the truth that creates a seamless workflow, enabling immediate action.
Navigating the Impact of Global Tariffs on Your Supply Chain
ModusLink Corporation
FEBRUARY 25, 2025
Find alternate supply sources for the material and goods that are outside the affected tariffs. Disruptions in Sourcing and Delivery: Tariffs Cause Delays Beyond cost increases, tariffs can also disrupt the timing of shipments and deliveries. Pass the cost on to customers, which can affect pricing strategies and customer loyalty.
Want to Succeed at a Large Firm? Become an Entrepreneur
Logistics Viewpoints
MAY 30, 2022
Then Jabil handles the sourcing and manufacturing of those products. They are sourcing from over 27,000 suppliers. It was agreed that Jabil would use an advanced planning solution to determine all the reorder points, engage in inventory optimization, and create a more strategic approach to demand management.
Building Outside-in Processes: Answering A Question From the Audience
Supply Chain Shaman
NOVEMBER 12, 2018
Companies that are good at demand management understand the need for design–form & function of inventory and push/pull decoupling points –and the orchestration of demand to make better decisions in sourcing, transportation and delivery. Orders are not a good representation of demand. How about you?
Peet’s Coffee and the Roasted Bean Supply Chain
Logistics Viewpoints
APRIL 5, 2021
The company has a sourcing team that vets the beans. Thus, in addition to their roasting plant with an inbound warehouse attached to it, and a warehouse for outbound finished goods in nearby Oakland, the company also has 700 reps that source their product from roughly 100 small DSD warehouses across the nation.
How Demand Management Enables Supply Chain Resiliency
Vanguard Software
JUNE 22, 2021
In addition, 2020 illuminated the poor outcomes resulting from history-based forecasting, which relied too heavily on pure statistics and did not consider enough market insights and additional data sources. Connected Planning Drives Demand Management and Supply Chain Resiliency. Fountain Tire Case Study. Download Case Study.
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American Software to Present at the Jefferies Virtual Software Conference
Logility
SEPTEMBER 3, 2021
Demand Management, Inc. Demand Management serves customers such as Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador Liquor Corporation. New Generation Computing, Inc. NGC customers include Brooks Brothers, Carter’s, Destination XL, Fanatics, Foot Locker, Jockey International, Lacoste and Spanx.
Andrew Cox’s “Sourcing Portfolio Analysis”: More of the Same
Supply Chain View from the Field
JULY 14, 2015
Against the many new articles and books being produced on the changing face of procurement and the importance of value creation and collaboration, Andrew Cox’s new book “Sourcing Portfolio Analysis” came out earlier this year. These types of relationships do not exist in the world of Cox’s two by two Sourcing Portfolio matrices.
What About Them Apples?
Supply Chain Shaman
OCTOBER 8, 2017
I do believe in demand planning, but most companies overstate forecast improvements. I worked for a software company for almost a decade and implemented demand management solutions in the 1990s for multiple companies. At that time, the demand processes were largely regional. Tactical Demand Planning. The Problems.
American Software to Present at the Sidoti Winter Virtual Small Cap Investor Conference
Logility
JANUARY 13, 2022
Demand Management, Inc. Demand Management serves customers such as Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador Liquor Corporation. Demand Management serves customers such as Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador Liquor Corporation.
American Software to Announce Second Quarter Fiscal Year 2022 Financial Results
Logility
NOVEMBER 4, 2021
Demand Management, Inc. Demand Management serves customers such as Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador Liquor Corporation. Demand Management serves customers such as Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador Liquor Corporation.
Inflation in 2022: Is the Bullwhip Effect to Blame for Retail Inventory Glut
Logistics Viewpoints
JULY 6, 2022
It appears from these sources that retailers’ excess inventory is due to a rapid shift in demand patterns along with a reduction in purchasing power at the same time that inflation is discouraging some discretionary spending. Conclusion: Whiplash not Bullwhip Effect.
A Tale of Two Procurement Books: Cox’s Sourcing Portfolio Analysis (Cox) & Strategic Sourcing in the New Economy (Keith et al.)
Supply Chain View from the Field
JULY 17, 2015
Andrew Cox’s new book “Sourcing Portfolio Analysis” represents the more traditional “power-based” view of procurement. In fact, the subtitle for the book, “Power Positioning Tools for Category Management and Strategic Sourcing” gives it all away. But then again, not everything can be simply labeled in a two by two matrix.
Bright and Shiny Objects?
Supply Chain Shaman
JANUARY 15, 2018
With the evolution of open source technologies with schema-on-read capabilities, new forms of decision support are evolving to drive insights in the enterprise, and Blockchain is becoming the system of record for B2B. .” Redefinition of the System of Record. ” I then asked, “How do you define basics?”
Elevating The Voice of the Supply Chain Contrarian
Supply Chain Shaman
JUNE 21, 2023
Companies that operate separate systems for revenue management and demand management create a risk in understanding market trends and gauging price elasticity quickly. With the increase in product complexity, many companies have demand latency longer than supplier lead time.
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Your supply chain is costing you money – Reason #6 Not effectively managing inventory.
Kinaxis
OCTOBER 20, 2014
There are multiple capabilities your demand system must have to allow faster response to demand fluctuations; Visibility across the enterprise – to be able to respond effectively, your planning system must contain all data across all plants, regardless of the source system. What issues have you seen?
Editor’s Choice: The TikTok Effect on Demand Planning
Logistics Viewpoints
JULY 6, 2021
Thanks to demand planning innovations, supply chain planners are detecting potential demand spikes before they become global phenomena – even when that data comes from outside sources, like TikTok or Google Trends.
Elephant in the Room: Thoughts on Metrics That Matter in Semiconductor and Hard Disk Drives
Kinaxis
AUGUST 29, 2014
With China already a source for semiconductor raw materials and the China/India end consumer market growing, there will be pressure to supply chips and hard drives to local China/India OEM’s first. Cost pressures and faster time to market in the planning processes will be required. Global pressure.
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Supply Chain Disruption : 5 Ways to Advance with S&OP Technologies
Logility
JULY 21, 2023
Companies find themselves struggling to serve customers, source materials, manage costs, handle supply constraints and shortages and, above all, gain visibility into what’s next. The latest generation of sales and operations planning (S&OP) applications are providing better tools for managing supply chains internally.
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"Recreating the environment in which historical demand occurred"
ToolsGroup
JANUARY 8, 2019
In his latest research, Enright sums up the way forward: Capture additional demand inputs to recreate the environment in which demand occurred. Enright says that common statistical forecasting inputs such as historical demand do not create a sufficiently comprehensive set of attributes to accomplish this.
Is your supply chain planning ready for the “Experience Economy”?
ToolsGroup
OCTOBER 17, 2017
They vastly improve predictive capabilities by deriving insights from huge and diverse data sources including social feeds , weather forecasts and peer reviews. Click below for a podcast with ideas on how to start leveraging AI for demand management and supply chain planning. Be careful not to wait.
Supply Chain Diagnostic: A Four-Step Process
Supply Chain Shaman
AUGUST 7, 2019
” Or alternatively, “Is there data that could be sourced to help?” Low volume inconsistent demand. Use this data to understand demand predictability. If demand error is extremely high, traditional demand management techniques are of limited value. As a group, we drill into root issues.
Observations on Artificial Intelligence in the Supply Chain Market
Logility
FEBRUARY 18, 2020
Demand Planning applications rely on a series of algorithms to take historical shipment data and turn it into a forecast. In a demand management application, the system is continuously monitoring forecasting accuracy. Upstream delays can be identified, allowing for contingency planning or alternative sourcing.
ToolsGroup Acquires Onera to Extend Retail Platform from Planning to Execution
ToolsGroup
JUNE 6, 2022
Consequently, the complexity of managing inventory across channels and locations has escalated, leading to negative customer experiences, higher costs, and redundant inventory and planning systems. . It enables real-time inventory availability by tracking inventory across the supply chain and intelligently exposing inventory to any channel.
American Software Reports Fourth Quarter and Fiscal Year 2022 Results
Logility
JUNE 8, 2022
“With continued strain on the global supply chain, this past year truly underscored the need companies have for more accurate demand forecasting, inventory optimization and resilient sourcing strategies. Demand Management, Inc. Customers of New Generation Computing, Inc.
Logility Buys Halo BI
Supply Chain Shaman
NOVEMBER 27, 2017
A significant source of revenue for the company is maintenance renewals. Prior acquisitions include: Demand Management, (often termed Demand Solutions) supply chain planning for mid-market, 2004 for $9.5M In general, solution innovation lags the industry.
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Best Supply Chain Management Software For Enterprises in 2025
ThroughPut
OCTOBER 18, 2024
SAP Integrated Business Planning (IBP) – Best for enterprise resource planning and global supply chain management SAP Integrated Business Planning (IBP) is a comprehensive solution helping with supply chain monitoring, sales and operations planning, demand management, inventory planning, and supply planning.
Four Reviews of DDMRP for Supply Chain Planning
ToolsGroup
OCTOBER 24, 2017
Source: The Enterprise System Spectator. In recent months four experts have weighed in on Demand Driven Material Requirements Planning (DDMRP). He is a great thinker on inventory planning and demand management.” Lora Cecere of SC Insights was the first of the supply chain expert opinions I saw on DDMRP.
The Fight of the Titans
Supply Chain Shaman
JUNE 15, 2018
The field of supply chain management–combining source, make and deliver–into a common process started in 1982. The source of the data is public reporting of balance sheet information. The evolution sprung from chaos. Titans were born through brute strength and Gods drove more refined outcomes. I was wrong.
What Value Are You Getting From Planning?
Supply Chain Shaman
NOVEMBER 21, 2018
Forecast Value-Added (FVA) is a measurement of demand management improvement. If the carrier does not accept the freight, the manufacturer loses time in moving the freight and is often forced to go to the open market to source freight. 2) Forecast Value Added. An effective measurement is loads tendered versus loads accepted.
American Software Reports First Quarter of Fiscal Year 2023 Results
Logility
AUGUST 24, 2022
and Demand Management, Inc., wholly owned subsidiaries of the Company, were recognized by Supply & Demand Chain Executive as recipients of the Top Supply Chain Projects Award 2022. This marks Logility’s nineteenth year and Demand Management’s tenth year of recognition. and Demand Management, Inc.,
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