Supply Chain Brain

MARCH 31, 2021

In this ebook, Dave Nelson, principal at value chain optimization firm River Rock Advisors discusses the use of customer relationship management (CRM) processes and tools to pilot a precision-based, in-depth use of data to forecast demand while giving leaders greater insight into their customer base.

Demand Planning 84

Demand Planning Demand Supply Chain Optimization Supply chain 84

Supply Chain Dive

JULY 17, 2023

The company will use Relex Solutions’ cloud-based procurement offering to establish a centralized, data-driven buying system.

Demand Planning 68

Demand Planning Demand Data Procurement 68

Procurement Tactics

MARCH 27, 2023

Supply chain forecasting refers to the process of predicting demand by looking at past and present information to help businesses make decisions about their plan, budget, and stock inventory. All data and information in forecasting ensure that businesses will run smoothly and continuously grow.

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

Supply Chain Action Blog

FEBRUARY 17, 2017

Often, the terms, “forecasting” and “demand planning”, are used interchangeably. . As a component of demand planning, forecasting is necessary, but not sufficient. Demand planning is that process by which a business anticipates market requirements. .

Demand Planning 40

Demand Planning Demand Agile and Lean Supply Chain Collaboration 40

Supply Chain Action Blog

OCTOBER 23, 2015

There is a process that is fast becoming a necessary and key component of both demand planning and sales and operations planning. I have heard it described as “forecastability”and “demand curve analysis”, among other terms, but, here, I will call it a “Demand Plan Sanity Check” or DPSC for short.

Demand Planning 40

Demand Planning Demand Data Quality 40

Procurement Tactics

AUGUST 15, 2022

The logical approach for supply chain planning is to look for the result and go back as it often begins with demand planning. . Components of Supply Chain Planning . Demand planning. The chance of producing and stocking sufficient inventory improves when you accurately forecast demand for a product. .

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 130

Procurement Templates

NOVEMBER 21, 2024

Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Use Data-Driven Arguments: Leverage cost breakdowns and benchmarks to negotiate better terms. Use Analytics Platforms: Develop skills in Tableau or Power BI to visualize procurement data. SAP, Oracle) Procurement software (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Supply Chain Game Changer

NOVEMBER 3, 2022

Your organization has to be more vigilant than ever regarding security to avoid risks like data loss or theft, underscoring the role of IT. Financial data helps managers keep track of their company’s financial performance and determine if any areas need improvement. Financial Information Monitoring. Procurement Management.

supply chain budgeting 115

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 115

Procurement Tactics

JUNE 6, 2023

Inventory forecasting, also known as demand planning or demand forecasting, is a market research technique that accurately predicts future inventory needs. By analyzing past data, trends, and upcoming events, businesses can ensure sufficient product availability while avoiding excess inventory.

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Supply Chain Trend

AUGUST 13, 2020

Understanding this differentiation is important for the manager trying to navigate autonomous planning: rather than assuming everything can be autonomous, the manager can take a more sophisticated view onto the people, process & technology needed to support the future of integrated planning.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Let's Talk Supply Chain

JANUARY 13, 2025

Today Amber Salley, VP of Industry Solutions at GAINS, joins me to talk all about being data-driven. Were going to be diving into the evolution of data-driven thinking and the new paradigm we should be embracing now. And, well be sharing practical applications and the many benefits of letting the data lead.

Data 52

Data supply chain software solutions Supply Chain Optimization Inventory 52

SCMDOJO

FEBRUARY 20, 2023

Optimizing inventory can also be achieved by leveraging technology and data analytics. By analyzing historical sales data, businesses can identify trends and patterns in customer demand, enabling them to make informed decisions about which products to stock and in what quantities. Logistics KPI Dashboard Excel Template 4.

Strategy 112

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 112

Supply Chain Game Changer

JUNE 30, 2022

Demand Planning. Rather than creating the demand, businesses need to be able to respond quickly to customer demand. Demand planning helps your business understand the current demand for a good or service and predict future demand.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 78

SCMDOJO

APRIL 29, 2024

We’ll also delve into the importance of technology and data analytics in optimizing supply chain operations. Demand Planning: Demand planning involves forecasting customer demand based on historical data, market trends, and other relevant factors.

Supply chain management 92

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 92

Supply Chain Game Changer

MARCH 26, 2020

Of course, using such analyses requires the natural ability to collect, analyze, track, and manage data relating to space utilization and inventory. Again, the role of technology begins to focus on data and its application. Use Data to Better Manage Lead Times and Plan for Demand. The next step is simple.

Inventory 124

Inventory Management Order Fulfillment Supply Chain Optimization 124

SCMDOJO

JANUARY 23, 2023

It provides a business-focused overview of the use of data analytics and machine learning in supply chain management, teaching essential concepts and techniques for data analysis and decision-making. It also includes a critical view on how performance measurement systems have been developed and supported by data in the supply chain.

Supply Chain Analytics 129

Supply Chain Analytics Supply Chain Optimization supply chain software solutions supply chain budgeting 129

Supply Chain Game Changer

JULY 28, 2021

Inventory Management and Demand Planning. The supply chain management domain has many functional areas, among which the inventory management and demand planning. Well, based on the orders submitted, demand planning can be forecasted. In some businesses, they can be organized separately.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 98

Supply Chain Game Changer

JANUARY 19, 2022

Closer local vendors can be a better choice since you don’t need to worry about the long lead times once your demand planning is off. Use Demand Planning. If you aren’t using historical demand data for forecasting customer demand for your products, it’s wise to use demand planning to improve your supply chain.

Supply Chain Efficiency 109

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Strategy 109

Spend Matters

AUGUST 15, 2024

If a supplier portal wasn’t functioning, if a P2P system wasn’t correctly matching invoices with the proper Purchase Order or if data was inaccessible or missing, IT was often identified as the bottleneck. ’ To put it mildly, procurement and supply chain isn’t always IT’s top priority. 22, at 10:00 AM PST.

supply chain software solutions 102

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 102

Skill Dynamics

JULY 17, 2024

Let’s examine exactly what demand forecasting is, why it’s important to your business, and look at how it’s already been applied in the real world to guide a major global business through a tough economic period. Data inaccuracies can also lead to unreliable forecasts. Why not take a look at our range of demand planning courses

supply chain budgeting 96

supply chain budgeting Demand Supply Chain Efficiency Supply Chain Optimization 96

Supply Chain Collaborator

JUNE 4, 2019

Harnessing today’s unprecedented (and still growing) computing power, AI for supply chain crunches all the data collected by the disparate systems that comprise the supply chain management tech stack to arrive at optimal decisions for supply chain management without the need for human intervention.

Supply chain management 74

Supply chain management Supply chain management supply chain software solutions Supply Chain Efficiency 74

Let's Talk Supply Chain

APRIL 6, 2023

While at Omniture and Adobe, Coby and John pioneered high-value enterprise technology and data integrations in order to more fully inform and drive the right business decisions for some of the largest companies in the world, including Ford Motor Company, Amazon, NASDAQ, and Symantec. Data is your biggest weapon — Enveyo helps you wield it.

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Logistics Data 52

SCMDOJO

APRIL 4, 2023

By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. When it comes to managing a supply chain, having access to real-time data can be a game-changer.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

ivalua

MAY 21, 2014

Gartner highlights three reasons: Necessity – Too many organizations, especially manufacturers, rely on stale data and old processes that could be streamlined and enhanced with technology. These tools ensure that supply chain leaders are never short of data. Even supply chain professionals ask, “Why more supply chain focus?”

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 100

Una

AUGUST 2, 2022

Early adopters are reaping the benefits of Cloud maturit y such as Big Data insights, enhanced integration with other functions, and super-scalability. As machine learning gets smarter, pattern recognition can be used to categorize unstructured data and make manual classification a thing of the past. AI-enhanced spend categorization.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

Procurement Insights

MAY 26, 2024

Kenny’s decision-making process circumvented the Company’s normal supply chain and demand planning.” – How a global seafood giant broke Red Lobster, CNN (May 25th, 2024) Red Lobster and AI Red Lobster Achieving Supply Chain Transparency Across 700 Restaurants with FoodLogiQ Connect (October 27th, 2019) “So in 2018, the company’s Total Quality (..)

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Networking 89

Supply Chain Opz

JULY 7, 2013

3) Align Demand Planning Across Supply Chain. Supply chain practitioners are taught to share the demand data with trading partners so nobody has to keep the unnecessary stock. But in the reality, only Walmart is actively sharing the demand data to trading partners. In general, this principle holds true.

Supply chain management 102

Supply chain management Supply chain management Supply chain Management 102

Procurement Templates

DECEMBER 11, 2024

Revolutionize Operational Processes Adopt Predictive Procurement: Use AI-driven forecasting tools for demand planning and market trend analysis. Automate supplier evaluation using real-time data. Foster Strategic Alliances: Build long-term partnerships with suppliers through joint ventures and co-development projects.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

SCMDOJO

JUNE 21, 2023

Supply Chain Planning as a Service has emerged as a game-changer, enabling companies to efficiently outsource non-core activities. Why outsource Demand Planning? Demand planning outsourcing is one of the most highly discussed topics when it comes to SCaaS.

Supply Chain Optimization 99

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 99

Let's Talk Supply Chain

MARCH 8, 2024

With GoFreight, tasks such as quoting, booking, cargo tracking, and data reporting, which traditionally required email or phone communication, can now be quickly completed through a user-friendly online platform, similar to booking flights or hotels. 23.51] From demand planning and inventory to AI, the trends to look out for in 2024.

supply chain budgeting 96

supply chain budgeting Supply Chain Optimization Supply chain Supply 96

Supply Chain Trend

NOVEMBER 14, 2016

I therefore had to design and implement a brand new series of SAP enabled business processes I named ‘Demand Control’ which took the output of S&OP – a constrained demand plan – and monitored and controlled its execution all the way through supply and demand scheduling into order management, logistics and demand fulfilment.

Supply Chain Optimization 119

Supply Chain Optimization supply chain software solutions Strategy Supply chain 119

SCMDOJO

MARCH 19, 2024

Furthermore, a structured approach allows for contingency plans and smoother handling of disruptions. Data-Driven Decisions The structure provides a framework for collecting and analyzing data across the supply chain. Materials Planner Forecasts material needs based on production plans and sales forecasts. Enroll Now!

Supply Chain Optimization 86

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 86

Procurement Heads

APRIL 27, 2023

The immediate priority was to balance supply with demand, including using procurement and supply chain skills to identify and quickly form relationships with some new suppliers who did have stock and availability, which was made even more difficult by the travel restrictions which meant that much of this needed to happen virtually.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Procurement Heads

APRIL 27, 2023

The immediate priority was to balance supply with demand, including using procurement and supply chain skills to identify and quickly form relationships with some new suppliers who did have stock and availability, which was made even more difficult by the travel restrictions which meant that much of this needed to happen virtually.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Solvoyo

AUGUST 9, 2021

Demand Planning and Pricing Solutions for Category Management Hepsiburada achieved automated forecasting and inventory optimization, supplementing historical sales data with web searches, click rates and conversion. The post Hepsiburada – E-Commerce Retailer appeared first on Solvoyo.

Demand Planning 52

Demand Planning Category management Inventory Price 52

Supply Chain Collaborator

MAY 23, 2019

For many organizations, all the data created by today’s disparate supply chain management technologies exist in separate silos. The data is the lifeblood of digitization and these siloes are ripe for convergence. They’re integrating planning and execution to power smart procurement, autonomous logistics and warehousing.

Supply Chain Efficiency 68

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 68

Solvoyo

FEBRUARY 27, 2020

According to the report, “artificial intelligence (AI) offers numerous benefits in demand planning: AI applies advanced analysis and logic-based techniques to interpret events, support and automate decisions, and take actions. AI can come to its own conclusions by navigating through different sets of data and drawing correlations.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 52