Arkieva

JANUARY 29, 2019

To stay ahead of the curve, effective demand planners must track the right metrics that can help curtail possible demand planning issues ahead of time. Top 10 Demand Planning Metrics You Should Have on Your Dashboard [Infographic] was first posted on January 29, 2019 at 2:07 pm.

Supply and Demand 100

Supply and Demand Demand Planning Metrics Supply Chain Planning 100

DynaSys

MAY 12, 2020

I have just completed a new demand planning project. Before the project, they were using Excel to forecast and plan their business. Before the project, they were using Excel to forecast and plan their business. The post From Excel to State-of-art Demand Planning Solution appeared first on QAD Dynasys Blog.

Supply and Demand 133

Supply and Demand Demand Planning Forecasting Scenario Planning 133

Logility

JANUARY 14, 2020

Year after year, survey after survey, forecast accuracy continues to be one of the top metrics for measuring supply chain performance. Watch: When Planning for Forecast Accuracy, Visibility is in Demand.). Practical Tips to Improve Demand Planning. Additional Reading: 8 Methods to Improve Forecasting Accuracy.

Supply and Demand 130

Supply and Demand Forecasting Demand Planning Modeling 130

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

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. What are functional metrics?

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 303

Supply Chain Shaman

DECEMBER 28, 2020

So to put the team at ease, I spoke, “Let’s test your demand planning model to see if you can be successful with your current approach.” The Company’s demand planning group was in finance, and the group had little knowledge of the difference between supply chain and financial forecasting.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Logility

JUNE 7, 2023

Top 3 Demand Forecasting Mistakes —How To Avoid Them with Demand planning software Demand forecasting is a critical facet of successful business operations, acting as the helm guiding companies through the rocks hiding beneath the water of market demands. Neglecting these can distort your forecast.

Supply and Demand 130

Supply and Demand Demand Planning Software Forecasting Software Forecasting 130

Logistics Viewpoints

JULY 10, 2024

ARC defines supply chain planning (SCP) products as including supply planning, demand planning/inventory optimization, and network planning. Network planning solutions include supply chain design, integrated business planning, and end-to-end supply chain analytics. This would be a three-way tradeoff.

Supply Chain Planning Software 320

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 320

Supply Chain Shaman

OCTOBER 16, 2023

A shift from functional metrics to a balanced scorecard. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. The focus on functional metrics sub-optimizes balance sheet results. A Focus on Error in Demand Planning. Funny, isn’t it? Fire the Apes.

S&OP 351

S&OP Supply and Demand Forecasting Supply Chain Design Software 351

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. So I started this book as a summary of this research.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

ToolsGroup

AUGUST 20, 2019

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. Those companies also reduced planning spend.

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Logistics Viewpoints

OCTOBER 4, 2021

They can then use the data to provide an apples-to-apples benchmark on a variety of innovative supply chain metrics applicable to the grocery supply chain. During the early months of the pandemic, demand planning error jumped to 59%, up 14% from the pre-pandemic error rate of 45%. Forecasting Accuracy Was Terrible .

Supply Chain Performance 290

Supply Chain Performance Inventory Reduction Cost Reduction Strategies Supply and Demand 290

Supply Chain Shaman

MARCH 27, 2014

I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. So, I am going to focus here and share my answer: Demand sensing is the application of analytic technologies to detect short-term patterns in channel data and translate it into distribution requirements. It makes a difference.

Supply and Demand 287

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 287

Logility

MARCH 6, 2020

Stakeholders who care about forecasting in demand planning care about accuracy, and usually will not accept a new forecasting method unless it is rigorously validated against known forecasting benchmarks with proven accuracy. In this way, forecast accuracy trends can be leveraged in adjusting demand planning.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

Logistics Viewpoints

DECEMBER 15, 2022

Price Index Elasticity for Pricing and Promotion Planning: As we are going through global price inflation and facing a recession, consumers and businesses are becoming more conscious of their spending and looking to minimize costs when shopping for goods and services. These metrics can also be used in inventory planning decisions.

Optimal Sourcing 264

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 264

Supply Chain Shaman

JUNE 24, 2022

One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In The metrics selection resulted from work with Arizona State University in 2013.) Look for the full report next week.).

Supply Chain Planning Software 387

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 387

Supply Chain Shaman

JUNE 5, 2013

Management and planning of the entire network against a value network strategy. Integration of corporate social responsibility metrics in planning. Recognition of asset strategies in go-to-market plans. Ad hoc design planning often focused on a function of the supply chain. Focus is on matching demand and supply.

Supply Chain Planning Software 224

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 224

Supply Chain Shaman

FEBRUARY 13, 2020

Most supply chain leaders cannot get their groove on because they generalize–the use of the same metric targets and tactics for the supply chain without paying attention to the flows. Note that at this time, demand volatility risk was larger than economic uncertainty. The answer is more than simple demand planning techniques.

Optimal Sourcing 239

Optimal Sourcing Modeling Forecasting Supply and Demand 239

Logistics Viewpoints

OCTOBER 12, 2023

The same “If” statement was repeated for a host of financial and operational metrics. 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.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 316

ToolsGroup

JANUARY 15, 2024

The software company earns Leadership recognition in supply chain planning and demand planning across regions. BOSTON – January 15, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to be recognized as a Leader in five separate G2 Winter 2024 reports.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

ToolsGroup

NOVEMBER 27, 2018

According to Ben, who oversees Chainalytics’s Integrated Demand and Supply Planning practice (which includes their Demand Planning Intelligence Consortium), many companies take last year's forecast accuracy metric and simply add a few percentage points to establish the coming year’s goals.

Forecasting 214

Forecasting Forecasting Software Supply and Demand Modeling 214

Logistics Viewpoints

FEBRUARY 21, 2022

A planner could ask the SCP engine to achieve 95% service, with CO2 emissions under of under a million metric tons at a given factory in the coming month. This is typically monthly planning are plans are created for the next 12 to 24 months. Only the next month’s plan firm. Planning is becoming increasingly autonomous.

Supply Chain Planning Software 325

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 325

Supply Chain Shaman

JULY 12, 2013

Demand volatility is escalating, product portfolios are more complex, and supplier networks are harder to manage. Supply teams are being pressured to reduce costs while demand groups are feeling the squeeze to get the “ demand plan right.” Next week, I will be writing on my new book Metrics That Matter.

Supply Chain Design Software 270

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 270

ToolsGroup

MAY 2, 2024

Customer reviews consistently rank ToolsGroup highly in G2’s Supply Chain Planning and Demand Planning Categories. This achievement underscores ToolsGroup’s commitment to excellence and innovation in the supply chain industry.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply and Demand Supply Chain Software 156

Logility

AUGUST 25, 2020

Poorly implemented demand planning software mis-forecasts demand for branded sneakers. Demand planning systems unable to forecast demand-slowing associated with economic meltdown. SCOR Level 1 Metrics are good examples of measures that have longer-ranging focus. The common thread? Tri-Valley Growers.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Kinaxis

FEBRUARY 1, 2018

In my earlier blog , I explored how integrated business planning (IBP) can help bring together finance and supply chain operations. IBP helps achieve key performance indicators (KPIs) like sales, customer satisfaction, inventory level and other metrics outlined in the strategic plan. 74% supply performance.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Supply and Demand Scenario Planning 150

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. The collaboration here is part of the Demand Planning process which is the start of the S&OP process for most companies.

Supply and Demand 188

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 188

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. The collaboration here is part of the Demand Planning process which is the start of the S&OP process for most companies.

Supply and Demand 192

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 192

ToolsGroup

JULY 10, 2018

It has matured as new algorithms and techniques were introduced that took into account lost sales, seasonality, lumpy demand, promotions, etc. Demand Planning. A multi-step operational supply chain planning process used to create reliable forecasts. Demand planning improves on demand forecasting in two key ways.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. It is important for the executive team to be aligned in the strategic and tactical planning processes to enable seamless planning by functions. Metrics Alignment. They lack cohesion.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 283

Logility

JULY 30, 2024

Sense quantifiable changes : The resident applications, specifically, demand planning, supply planning, and inventory planning all have key variables that contribute to a network model. That way the least landed cost solution can be found that also fits within service, responsibility, and resilience objectives.

Network Optimization Software 198

Network Optimization Software Network Optimization Modeling Supply Chain Network Software 198

QAD

OCTOBER 25, 2023

When conducting demand planning , you need to strike the balance between having sufficient stock levels to meet customer demands without having surplus. This means leveraging the right tools and data to build your demand plan from the outset. What are the key features of demand planning?

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

Logility

JULY 9, 2021

We offer a single platform to address specific supply chain topics, including allocation, supply and inventory optimization, sourcing management, automated order promising, data management, predictive analytics, demand planning, optimization, demand sensing, and more. Logility’s Feature Updates and Roadmap Are Highly Favorable.

Supply Chain Planning Software 205

Supply Chain Planning Software Supply and Demand Supply Chain Software Optimal Sourcing 205

Supply Chain Shaman

MARCH 21, 2024

The answer is not as simple as connecting Customer Relationship Management (CRM) to Advanced Planning (APS). Or gradually introduce outside-in signals to conventional demand planning. Lack of aligned metrics. The tight integration of APS to ERP introduces nervousness in complex systems.) Instead, we need to Jump.

Inventory Reduction 417

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 417

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Traditional S&OP planning often deals with product families or wide-ranging product categories and though providing valuable data, this process delivers results at an aggregate or macro level. In SIOP, accountability is a huge part of achieving desired outcomes, improving monthly metrics and satisfying the customer needs.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

Logility

JULY 30, 2024

Sense quantifiable changes : The resident applications, specifically, demand planning, supply planning, and inventory planning all have key variables that contribute to a network model. That way the least landed cost solution can be found that also fits within service, responsibility, and resilience objectives.

Network Optimization Software 183

Network Optimization Software Network Optimization Modeling Supply Chain Network Software 183

Logistics Viewpoints

JULY 18, 2022

In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. The company has shown sustained improvement on this metric. The company recorded 1.9 This was a 10% improvement over the prior year.

Supply Chain Design Software 305

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 305