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.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

ThroughPut

MARCH 25, 2024

In supply chain management, accurately distinguishing between demand planning and demand forecasting is essential yet challenging. The consequences of conflating demand planning with demand forecasting are significant, impacting inventory management, customer satisfaction, and financial health.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

ThroughPut

MAY 2, 2024

Add to that the growing demands of sustainability all around! Achieving any kind of business and operational efficiency is possible only when you lead plans by demand. However, demand planning is a complex function and ineffective demand planning can spell doom in the modern commercial world.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

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

BlueYonder

DECEMBER 4, 2023

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. By consolidating data sources and providing a user-friendly interface, it enhances overall efficiency and accuracy.

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Supply and Demand Modeling Supply Chain Planning Software Scenario Planning 91

Kinaxis

AUGUST 2, 2016

The result was difficulty in meeting customer demand in a timely and efficient manner. To combat its planning issues, Sonus took four steps to improve demand, reduce inventory, and share information better across the entire network. Connect the Data. It is now able to provide customers with real-time feedback on orders.

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Supply and Demand Inventory Reduction Demand Planning Supply Chain Planning Software 100

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

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?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

ThroughPut

MAY 12, 2023

According to Toby Brzoznowski, the Chief Strategy Officer at LLamasoft, a rough rule of thumb is that a 1% Top Five Features to Look for in a Robust Demand Planning Solutionforecas t improvement leads to a 2.5% reduction in the amount of inventory that needs to be stored at any point in time.

Supply and Demand 52

Supply and Demand Demand Planning Optimal Sourcing Scenario Planning 52

ThroughPut

MAY 27, 2022

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. In Sourcing: How well are your vendors integrated into your network? How quickly can you pivot to sudden spikes or drops in demand?

Supply and Demand 75

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

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. Demand planners.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 20, 2023

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. How can demand planning match the pace of market dynamics?

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Supply and Demand Forecasting Demand Planning Procurement Solutions 52

DynaSys

AUGUST 19, 2021

You’ve decided to implement a demand plan and now it’s time to outline roles and responsibilities. Demand planning bridges the function between commerce and supply chain, so the question of roles and responsibilities isn’t a surprising one. Secondly, a demand planner should have the ability to analyze the historical data.

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Supply and Demand Demand Planning Modeling Supply Chain Planning 52

Logistics Viewpoints

NOVEMBER 4, 2024

Demand planning engines have natural feedback loops that allow the forecast engine to learn. Since ML began being used in demand forecasting in the early 2000s, ML has helped greatly increase the breadth and depth of forecasting. Drones use this form of AI to improve inventory accuracy in a warehouse.

Supply Chain Planning Software 284

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 284

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

ThroughPut

DECEMBER 5, 2023

Accurate demand forecasting enables businesses to optimize their production, inventory management, and pricing strategies, resulting in maximized profits and customer satisfaction. What are the Benefits of Accurate Demand Forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Logility

NOVEMBER 19, 2021

Br idge the gap between marketing activity and inventory management with a better understanding of the impact of pricing and promotion on inventory. Users can leverage the technology to understand the impact of pricing and promotion on demand (the ‘lift’) and take action to ensure inventory positions are sufficient.

Modeling 130

Modeling Forecasting Software Supply Chain Planning Software Supply Chain Design Software 130

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

ThroughPut

APRIL 20, 2023

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 most important aspect of demand planning is to maintain the right balance between customer demand and stock inventory.

Supply and Demand 52

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

BlueYonder

JUNE 6, 2022

Disconnected demand planning processes and a lack of visibility across functions. Many companies operate with multiple demand forecasts, created using manual processes and commercial-grade tools. Optimized Planning, Driven by AI. Blue Yonder demand planning will help guide YOHT’s operations in nearly 120 countries.

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Supply and Demand Demand Planning Automotive Supply Chain Planning Software 52

Alloy

DECEMBER 13, 2022

Alloy’s strong customer satisfaction and market presence has landed us in the leader quadrant in Retail Analytics and the high performer quadrant for Demand Planning in the 2023 G2 Winter Grid Report. Named a Leader in Retail Analytics and a High Performer in Demand Planning appeared first on Alloy.ai. The post Alloy.ai

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Supply and Demand Analytics Software Demand Planning Alloy 52

Alloy

DECEMBER 13, 2022

Alloy’s strong customer satisfaction and market presence has landed us in the leader quadrant in Retail Analytics and the high performer quadrant for Demand Planning in the 2023 G2 Winter Grid Report. Satisfaction with Alloy’s ease of use was rated at 96% in Demand Planning. 100% of users rated Alloy at 4 or 5 stars.

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Supply and Demand Alloy Analytics Software Demand Planning 52

Logility

AUGUST 31, 2022

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming. Inventory Optimization Challenges.

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Supply Chain Planning Software Supply Chain Disruption Optimal Sourcing Inventory Reduction 130

Supply Chain Shaman

MAY 21, 2024

Operating margin, inventory turns, and revenue/employee translates to over 50% of market capitalization based on the regression analysis. The bad news is that this is in conflict with traditional modeling of single outputs in traditional Advanced Planning Systems (APS) and Enterprise Resource Planning (ERP).

Procurement Analytics 350

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 350

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Types of Seasonal Demand.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Logility

DECEMBER 15, 2023

This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning. Staying competitive in this intense landscape demands finely tuned operations that are highly efficient and effective – from product concept to customer consumption.

Optimal Sourcing 173

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

Logility

AUGUST 4, 2022

Retailers including Walmart, Target, Macy’s, Amazon and Best Buy are dealing with a combined $45 billion in excess inventory from orders placed during the height of the pandemic, according to Bloomberg. Then, as port problems eased, a glut of inventory – a phenomenon known as the “ bullwhip effect.” Big Box Blues.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Unleashed

AUGUST 15, 2024

Choosing the right inventory management system is crucial for optimising business operations, improving accuracy, and increasing overall efficiency. This guide explores five of the best Zoho Inventory alternatives currently on the market.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 52

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Difficulties with business planning.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

ThroughPut

AUGUST 24, 2021

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 new-age demand sensing to solve modern problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Supply Chain Network

JUNE 7, 2011

(NYSE: N), the industry’s leading provider of cloud-based financials / ERP software suites, today (June 7th) announced that the company has extended its cloud -based business management suite with new demand planning features. allowing companies to tightly align sales forecasts with inventory replenishment plans.

Supply and Demand 110

Supply and Demand Inventory Management Software Demand Planning Supply Chain Planning Software 110

Logility

JULY 31, 2024

Traditional demand planning has long been owned by only the supply chain organization – gathering data from all corners of the business through lengthy spreadsheets and often leaving out critical information. They are managing complex spreadsheets populated by multiple sources and stored in too many locations.

Supply and Demand 187

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 187

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Businesses around the world are pondering upon these questions and each of them leads to a simple answer – effective supply chain demand planning and forecasting. Understanding and predicting demand in unpredictable times .

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Logility

SEPTEMBER 15, 2023

In today’s fast-paced world, demand planning has become increasingly complex, and traditional demand planning systems have struggled to keep up. By consolidating data from multiple sources, SAP IBP allows organizations to gain a clear understanding of their supply chain and demand planning processes.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Planning Software SAP Supply Chain Design Software 130

Logility

JULY 31, 2024

Traditional demand planning has long been owned by only the supply chain organization – gathering data from all corners of the business through lengthy spreadsheets and often leaving out critical information. They are managing complex spreadsheets populated by multiple sources and stored in too many locations.

Supply and Demand 169

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 169

Logistics Viewpoints

OCTOBER 12, 2023

The following will delve into some of the intricate farm-to-table challenges that supply chains face across sourcing, demand planning, procurement and inventory management, transportation, and warehousing. Sourcing is not only from traditional farms but also from controlled environment agriculture (e.g.,

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 262