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 247

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 247

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 234

Optimal Sourcing Modeling Forecasting Supply and Demand 234

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. Let me explain. Forecastability.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? My response is “Hogwash.” By definition, this requires a global supply chain. A Need to Rethink Work.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Supply Chain Shaman

NOVEMBER 15, 2021

In this world of demand volatility, processes need to shift to be outside-in to use market data. Effectiveness in Sales and Operations planned declined over the last decade as organizations attempted to tightly integrate the budget to the demand plan and constrain operations based on the financial plan.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 283

ToolsGroup

JULY 10, 2018

It often employs statistical metrics like MAPE (mean average percentage error), which has hit a wall in recent years due to increased demand volatility and this approach's mostly backward-facing nature. Demand Planning. A multi-step operational supply chain planning process used to create reliable forecasts.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

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 199

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 199

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. For clarity, the definitions are: -Strategic Planning: The frequency is either monthly or quarterly and the focus is on long-term planning. Metrics Alignment. They lack cohesion.

Supply Chain Planning Software 279

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 279

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 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. They are managing complex spreadsheets populated by multiple sources and stored in too many locations.

Supply and Demand 192

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 192

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 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.

Supply Chain Planning Software 205

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

ToolsGroup

OCTOBER 11, 2017

Gartner says that you shouldn’t just pitch forecast accuracy to your executive management, but translate your plan into business metrics. Gartner recommends defining demand planning best practice, then launching initiatives to fill the gaps in your organization. 2% reduction in transportation costs (percent of sales).

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 274

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 274

DynaSys

JULY 13, 2021

The demand planning cycle is a supply chain management process that uses forecasting to understand the demand for products. Demand planning strikes the balance between having sufficient stock levels to meet demand without having surplus. The demand planning cycle uses the following systems: Data management.

Supply and Demand 52

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

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 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. Then take an inventory of all the sources of channel data in the organization. The models also need slight tweaking.

Modeling 207

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 207

Logility

FEBRUARY 26, 2020

Gartner, for example, places demand forecasts at the top of their Hierarchy of Supply Chain Metrics to highlight the impact of forecasts throughout the supply chain. While not rocket science, drastically improving SKU-level demand forecasts will require investments in people, process, data, and enabling solutions.

Forecasting 162

Forecasting Forecasting Software Optimal Sourcing Supply and Demand 162

ToolsGroup

JANUARY 9, 2018

A single, unified data model depicts the immediate financial impact of plan changes. With a single version of the truth, planners can model scenarios for S&OP meetings, so stakeholders from sourcing, manufacturing, logistics, sales, and finance can assess the options and trade-offs.

Modeling 179

Modeling Scenario Planning Optimization Modeling S&OP 179

Supply Chain Opz

JULY 7, 2013

Each customer in US or EU might already control the source of raw materials, ask you to provide dedicated production lines, nominate 3pl companies and air/sea carriers. 3) Align Demand Planning Across Supply Chain. 7) Adopt Both Service and Financial Metrics.

Supply Chain Design Software 257

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Design 257

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

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

Logility

APRIL 2, 2020

Phone * Company * Job Title * Zip Code * Source Asset Source Download ID. Plan to review your KPIs monthly during the first three to four months and cull out the bad ones quickly. Then plan on a quarterly review for the remainder of the year. 2 Identify and get access to the right data sources. Featured Download.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

Supply Chain Shaman

NOVEMBER 15, 2021

In this world of demand volatility, processes need to shift to be outside-in to use market data. Effectiveness in Sales and Operations planned declined over the last decade as organizations attempted to tightly integrate the budget to the demand plan and constrain operations based on the financial plan.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

In this world of demand volatility, processes need to shift to be outside-in to use market data. Effectiveness in Sales and Operations planned declined over the last decade as organizations attempted to tightly integrate the budget to the demand plan and constrain operations based on the financial plan.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

BlueYonder

NOVEMBER 19, 2021

One arrow showed the flow of customer demand from the source to the supplier, while the other showed the flow of goods from the supplier to the customer. Demand Sensing vs Demand Steering . Functional areas continually react to decisions made by others that compromise their contribution to the plan.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Design Software 120

Logistics Viewpoints

APRIL 4, 2022

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. But even multi-sourcing is not enough. A supply chain is mapped, where components are source from, how they flow through a supply chain to factories and out to customers. Concurrent planning is kind of amazing.

Supply Chain Transformation 200

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 200

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

QAD

NOVEMBER 8, 2022

Jennifer focuses on four supply chain approaches to meet quality and efficiency targets and achieve production promises: Broadening multi-sourcing and the use of near shore suppliers. Implementing digital demand planning and forecasting solutions. Broadening Multi-Sourcing and the Use of Near Shore Suppliers.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Supply Chain Planning Software 98

ToolsGroup

JULY 10, 2018

It often employs statistical metrics like MAPE (mean average percentage error), which has hit a wall in recent years due to increased demand volatility and this approach's mostly backward-facing nature. Demand Planning. A multi-step operational supply chain planning process used to create reliable forecasts.

Supply and Demand 120

Supply and Demand Demand Planning Software Forecasting Forecasting Software 120

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

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

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. Many companies implemented demand management processes as a technology project. Everyone has a bias.

Supply and Demand 157

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

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning. and Europe.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 203

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health’s senior vice president of global logistics, said of their implementation of the Kinaxis’ supply chain planning (SCP) solution, “I was scared! Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions.

Supply Chain Planning Software 176

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 176

Supply Chain Shaman

JUNE 26, 2016

The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. A Supply Chain Leader will make progress on both of these key metrics with a very tight and controlled pattern. Global Satisfaction with Demand Planning. It requires discipline and knowledge.

Supply Chain Design Software 194

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 194

Supply Chain Shaman

JULY 19, 2015

In most ‘benchmarking activities’, self-reported data is the most common source. Both tests are a great way to measure the effectiveness of demand planning processes. Debra built the Gartner Hierarchy of supply chain metrics. Self-reporting of data does not meet this standard. I respect Debra’s work.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150