article thumbnail

Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. Over the last two years, I actively engaged technologists and business leaders to redefine demand planning.

article thumbnail

Demand Planning. When The Answer To Two Simple Questions Is Not So Simple.

Supply Chain Shaman

(The planning team was defending the status quo without questioning current practices and how to improve them.) The question was, “How can I redefine demand planning processes to use channel data?” Their question was, “Why were consumer products companies not using retail data to drive demand processes?”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Demand Sensing: How to Unlock Smarter Supply Chains with AI

Logility

Balancing forecast accuracy with inventory management gets more challenging every day. Artificial intelligence (AI) and rapidly developing generative AI tools provide complex, real-time, and in-depth insights specific to supply chain management. These approaches help companies improve short-term, mid-term, and long-term planning.

article thumbnail

Fresh Demand Planning: How AI Empowers Retailers

Logistics Viewpoints

During summer days, I didn’t mind doing inventory checks in the fridge and freezer because it meant I got to cool down. Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning.

article thumbnail

The Current and Future Use of Gen-AI in Supply Chains

From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. It’s a must-read for forward-thinking procurement and supply chain leaders looking to harness the power of AI to achieve transformative results. AI isn’t the future. It’s here, now.

article thumbnail

Make Room for Leadership to Drive S&OP

Supply Chain Shaman

In my recent Mea Culpa post, I mentioned my prior work on Sales and Operations Planning (S&OP), and the importance of leadership. Leadership and S&OP? If you have walked in the shoes of the supply chain leader, you are probably laughing by now. Supply chain complexity is analogous to cholesterol.

S&OP 338
article thumbnail

What Does Good Look Like S&OP?

Supply Chain Shaman

Let me start by saying that t he process is not a panacea to solve all supply chain ills. For most companies, building a great S&OP process is a missed opportunity. For me, there are ten characteristics that define a great S&OP process: Clear and Actionable. S&OP is a business process.

S&OP 322
article thumbnail

The Evolving Retailer's Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

🔁 Effortless Complex, Project-Based Orders: Coordinate multi-vendor inventory and timelines for consistent customer satisfaction. . 📈 Scaling for Seasonal Peaks: Prepare for fluctuations like spring DIY trends or holiday surges with flexible, scalable systems. Save your spot today!

article thumbnail

5 Powerful Prescriptive Analytics Examples in Supply Chain

Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Supply Chain Network Design. Sales and operations planning (S&OP). Sales and Operations Execution (S&OE). Inventory optimization. Read about 5 use cases. Warehouse optimization.

article thumbnail

Just In: Inventory Optimization Research

How are organizations performing on inventory optimization? Inventory: asset or liability? It’s a debate as old as supply chains themselves. This new guide exposes many of these vulnerabilities and sheds light on how supply chain teams are adapting to the "new normal." How can new technologies help your team improve?

article thumbnail

Digital Transformation: Why You Can’t Afford to Wait

Brittle supply chains, fragmented systems landscapes, unreliable and inaccurate data, as well as poorly managed IT and business networks are consistently reported as top concerns, which is why executives are increasingly prioritizing digital transformation.

article thumbnail

Complimentary Gartner Report: Improve S&OP Decision Making with Scenario Planning

Download this complimentary report to learn about: Gartner’s research findings on the role of scenario planning in S&OP. The paradigm shift happening in S&OP and pain points experienced by SCP leaders. How to articulate scenarios for portfolio planning, network, inventory, and more.

article thumbnail

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). etc) or online promotions (company run or 3rd party). April 3rd, 2019 11.00 AM PST, 2.00

article thumbnail

Striking a Balance in the Supply Chain: Navigating Volatile Supply and Demand to Meet Customer Needs

Speaker: Tony Darnell, Shipping Manager at Lippert Components

In a new era of supply constraints and volatile demand, businesses face challenges managing supply and changing customer demands. To make smart allocations, they need to visualize inventory across multiple warehouses and cater to different customer needs.

article thumbnail

How to Tackle Today's Most Complex Inventory Challenges

Speaker: Andrew Kurpiel - AmerCareRoyal | Bill Benton - GAINS | Paul Benhamou - Benco Dental

The turbulence in today’s supply chain requires you to react faster and make continuous adjustments. By targeting inventory investments and regulating service expectations, their inventory optimization activities have improved performance. To accomplish this, you must evaluate and act on real-time data.