Logility

FEBRUARY 13, 2020

Because historical data is a flawed predictor of supply chain conditions over a short period of time. Consider adding demand sensing to your planning mix. The typical performance of demand sensing reduces near-term forecast error by 30% or more compared to traditional time-series forecasting techniques.

Supply and Demand 173

Supply and Demand Optimal Sourcing Forecasting Inventory Reduction 173

The Logistics of Logistics

NOVEMBER 22, 2021

Demand Planning in VUCA Times with Ali Raza. Ali Raza and Joe Lynch discuss demand planning in VUCA times. He has managed onshore/offshore/war zone logistics as well as batch, continuous, and discrete manufacturing setups. Key Takeaways: Demand Planning in VUCA Times. About Ali Raza. ThroughPut Inc.

Supply and Demand 130

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 130

ToolsGroup

JUNE 2, 2023

Once upon a time, the world of manufacturing was a relatively stable place. But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. So how does a manufacturer navigate this rollercoaster?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Logistics Viewpoints

JULY 10, 2024

ARC Advisory Group has been covering the Supply Chain Planning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supply chains. Supply chain agility reflects a company’s ability to respond quickly to surges or plummeting demand.

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 267

BlueYonder

SEPTEMBER 30, 2024

In the current business environment, a company’s global supply chain can make or break its success, regardless of industry. The stakes are especially high, however, for pharmaceutical, medical device, and health care manufacturers and distributors. In today’s volatile, disrupted supply chain environment, that’s easier said than done.

Supply and Demand 58

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 58

ToolsGroup

OCTOBER 14, 2024

At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. Belcorp: A Supply Chain with Countless Moving Parts Belcorp is a beauty corporation with a mission to provide beauty products that answer to a variety of individuals’ needs. It played out as follows.

Modeling 156

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 156

ThroughPut

MAY 9, 2024

Demand planning software is here to stay. Every major supply chain company has demand planners’ toolkits containing it. However, with numerous features and tools available, supply chain planners and managers often wonder which functionalities are truly essential for their operations.

Supply and Demand 52

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

Logility

JUNE 15, 2021

Food and beverage companies can use demand sensing to predict sudden market trends and prepare for actual supply needs. Demand fluctuations dominate the food and beverage (F&B) industry. In this instance, time, money and resources are wasted trying to sell perishable goods that do not align with consumer demand.

Supply and Demand 146

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 146

Supply Chain Shaman

AUGUST 18, 2022

At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. The genesis of the River of Demand learning activity. Over the last decade, I find fewer and fewer companies understand supply chain planning. The result? Background.

Supply and Demand 259

Supply and Demand Demand Planning Software Supply Chain Planning Software Optimal Sourcing 259

Logility

JULY 21, 2023

Supply chains large and small are under siege by constant supply chain disruption. 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. Thanks to technology, however, the headlines aren’t all bad.

S&OP 192

S&OP Supply Chain Design Software Supply Chain Planning Software Supply and Demand 192

Logility

MARCH 12, 2021

Descriptive, predictive and prescriptive analytics should be combined to optimize your demand planning processes. Better forecasting and demand planning processes, which in the past had been beset by low accuracy and poor adoption, were a priority. The A nalytics to B oost your Demand Planning.

Supply and Demand 188

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 188

ToolsGroup

NOVEMBER 19, 2024

This strategic partnership aims to improve demand planning efficiency, optimize inventory performance, and elevate service levels. The company’s dynamic approach and commitment to innovation have fueled its expansion to five strategically located warehouses, enabling comprehensive coverage of Central and Southern Italy.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Inventory Reduction 156

ToolsGroup

MARCH 16, 2023

Our flexible, customer-oriented approach helps us set the standard for service and innovation in the water technology industry,” said Ilaria Mercanzin, Group Demand & Resources Planning Manager.

Supply and Demand 156

Supply and Demand Forecasting Software Forecasting Supply Chain Planning Software 156

BlueYonder

SEPTEMBER 17, 2024

The global automative industry is undergoing a revolution, as manufacturers and consumers make the switch from internal combustion engine (ICE) models to electric vehicles (EVs). To add to this complexity, today’s consumers are demanding and craving product customization. Perhaps the biggest challenge?

Supply and Demand 63

Supply and Demand Modeling Demand Planning Scenario Planning 63

ThroughPut

AUGUST 12, 2024

Being a demand planner is challenging. The role demands accurate forecasting amidst constant market changes. Relying on outdated tools and/or spreadsheets might just about work for long-term planning, but they fall short in handling sudden demand shifts and market disruptions. Best Demand Sensing Software in 2024 1.

Supply and Demand 52

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

Logistics Viewpoints

JULY 22, 2021

While the terminology evolved, the underlying thesis of S&OP has stayed the same, i.e., bridge the divide between sales forecasts and operational plans while respecting the budget. Then the process was put to test in recent times, as increasing demand and supply side shocks caught companies flatfooted.

S&OP 269

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 269

ThroughPut

JULY 24, 2024

Your daily responsibilities as a demand planner are anything but straightforward. Central to your role, you are tasked with predicting future demand patterns, a challenge that has grown increasingly complex. For example, while such systems are capable of analyzing demand, the process is typically slow and cumbersome.

Supply and Demand 52

Supply and Demand Forecasting Software Demand Planning Software Forecasting 52

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. The activity is designed to challenge new thinking–to rethink demand as a flow, to identify rocks (barriers), and define process latency (the time to make a decision). Drawings from Two Very Different Businesses Portraying the River of Demand. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ToolsGroup

JULY 30, 2024

Leading beauty retailer choose ToolsGroup to optimize inventory and automate omnichannel supply chain planning across multiple countries. This move automates their omnichannel supply chain planning and shifts them from a supply-driven to a demand-driven model.

ToolsGroup 156

ToolsGroup Modeling Supply Chain Planning Software Supply Chain Software 156

QAD

MARCH 27, 2024

Having a good Supply Chain Management (SCM) process is crucial for offering excellent customer service. Research from Gartner found that 83% of businesses believe that the supply chain is key to enhancing customer experience. So far, we’ve seen how data is an integral part of the demand planning cycle.

Supply and Demand 52

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

Enterra Insights

OCTOBER 11, 2022

“Over the last fifteen years,” writes Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insights, “Sales and Operations Planning (S&OP) enjoyed a renaissance.”[1] ”[1] She also hints it’s time to move on. ”[2] Quasney’s views motivated Robert J.

S&OP 130

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Planning 130

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

ThroughPut

DECEMBER 5, 2023

Keeping up with demand and market trends challenges most supply chain operators. Accurately forecasting sales with fluctuating demand cycles is difficult to achieve, and yes, there’s a direct impact: the less accurate the sales forecast, the less precise the stocking levels. Let’s start with the definition.

Supply and Demand 52

Supply and Demand Forecasting Forecasting 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

ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. There are many pieces of the modern manufacturing supply chain. The basic approach to inventory optimization. This is no easy task.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

ToolsGroup

JANUARY 15, 2024

Retailers can now quickly sense, predict, and respond to real-time changes in demand to better navigate market uncertainty to achieve maximum profitability. Retailers today need an integrated solution that is agile enough to adapt to even the smallest changes in demand.”

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. Let’s start the beginning. Think this is possible?

Supply Chain Design Software 319

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 319

Supply Chain Shaman

MARCH 21, 2023

Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts. The story continues. Rising inflation.

Inventory Reduction 397

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 397

Logility

FEBRUARY 14, 2018

With increasing frequency, I have noticed blog posts touting the position that ‘demand planning is dead.’ Often, these posts claim the proliferation of products and distribution channels coupled with the accelerated pace of the supply chain makes it too difficult to create accurate forecasts. ’ Why?

Supply and Demand 118

Supply and Demand Demand Planning Demand Planning Software Supply Chain Planning Software 118

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 173

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

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. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? Do you have whiplash yet?

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Logility

NOVEMBER 17, 2023

Conquer Intermittent Demand with Stochastic Replenishment Planning Industrial durables companies face the perpetual challenge of managing items with intermittent demand patterns. These items often exhibit sporadic and unpredictable fluctuations in demand, making traditional inventory management methods less effective.

Modeling 200

Modeling Scenario Planning Supply and Demand Demand Planning Software 200

ToolsGroup

FEBRUARY 4, 2020

The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. With the introduction of digital supply chains, the industry is moving into an era arguably on par with the industrial revolution. Excess and obsolete inventory.

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Supply Chain Software 232

ToolsGroup

SEPTEMBER 11, 2018

Since demand forecasting has developed many “personalities” over the decades, I recently wrote a blog that “decoded” the language of demand. That got me to thinking about decoding the language of Sales & Operations Planning (S&OP) which, like demand forecasting, has also taken on multiple personalities as it has matured.

S&OP 189

S&OP Supply and Demand Modeling Gartner 189

The Logistics of Logistics

JUNE 14, 2024

trillion distortion inventory problem. Karl is the CEO and Co-founder of Pull Logic , an AI-enabled tech company focused on reducing lost sales for retailers, brands, and manufacturers due failure points in the supply chain and selling processes. Karl Swensen and Joe Lynch discuss solving the $1.8 Summary: Solving the $1.8

Inventory Reduction 227

Inventory Reduction Inventory Inventory Management Software Modeling 227