SCMDOJO

JANUARY 29, 2025

Forecasting lead times: Using historical data to forecast future lead times and improve demand planning. Geopolitical events: Trade wars, political unrest, and international conflicts can create significant disruptions to global supply chains, including tariffs, trade restrictions, and transportation delays.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

Procurement Tactics

JUNE 6, 2023

Thus, you will be able to predict your supply chain which will help you meet your customers’ demands. Inventory forecasting, also known as demand planning or demand forecasting, is a market research technique that accurately predicts future inventory needs. What is Inventory Forecasting?

Inventory 170

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

Skill Dynamics

JANUARY 9, 2025

All of this leads to more effective demand planning which will ultimately benefit the business. Volatile markets, as a result of significant geopolitical events, and demand fluctuations, caused by seasonality, can both make demand forecasting a bit more difficult. There are challenges, however.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 52

Supply Chain Game Changer

FEBRUARY 8, 2022

I recently saw the headline for an article which said that Supply Chains are NOT broken, but rather it is just a demand planning issue. But what we do know is that there will be some local, and broad based, disruptive event of some kind which will happen at any moment. This is much, much more than just a planning issue.

Supply chain 90

Supply chain Real-time Visibility e2e Supply 90

Skill Dynamics

JULY 17, 2024

Experts will use their judgment around areas such as changing economic conditions or geopolitical events to add context to the data. One such challenge is demand volatility. 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 Game Changer

MAY 31, 2022

Finally, there must be an improvement in the supply-demand planning in this industry, with more real time visibility to demand patterns and more real time reactivity to market dynamics. Tornadoes, disease, man-made catastrophes, and other events can all conspire to disrupt the lives and supplies of any area, all without notice.

Supply chain 123

Supply chain Supply Real-time Visibility Demand 123

Let's Talk Supply Chain

MARCH 8, 2024

23.51] From demand planning and inventory to AI, the trends to look out for in 2024. 34.10] Lisa’s advice to organizations that claim to struggle when it comes to finding female, or other diverse, voices for events and speaking opportunities. 31.17] Lisa’s advice for women looking to build a career in supply chain.

supply chain budgeting 96

supply chain budgeting Supply Chain Optimization Supply chain Supply 96

SCMDOJO

APRIL 29, 2024

Demand Planning: Demand planning involves forecasting customer demand based on historical data, market trends, and other relevant factors. Accurate demand forecasting enables businesses to optimize production levels, reduce inventory costs, and meet customer expectations.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

Jaggaer

OCTOBER 24, 2024

You can also gain awareness of events like unexpected weather changes or supplier factory mishaps and take action to mitigate the impact. Integration is another challenge.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Supply Chain Trend

NOVEMBER 14, 2016

Sean is a renowned business transformation expert whose work on disruptive technologies and the impact they will have has led to him being sought after keynote speaker at conferences, corporate events and universities. Niels: What else significant is missing in the current state of S&OP?

supply chain software solutions 119

supply chain software solutions Supply Chain Optimization Strategy Supply chain 119

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.

Agile and Lean Supply Chain 52

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

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.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

AUGUST 26, 2021

Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning. My experience has mostly been in material acquisition – arguably the first step in the true “kick-off” of some sort of supply chain event.

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

Let's Talk Supply Chain

JANUARY 1, 2024

07.16] Katie’s recent “Women In Supply Chain” award, her experience of the awards event, and what it means to her to be honored. 21.48] A closer look at RELEX’s demand planning software, and how it’s creating impactful results for clients. 23.46] How RELEX’s fulfilment solution supports and enhances demand planning.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions supply chain budgeting 52

Let's Talk Supply Chain

NOVEMBER 27, 2023

IN THIS EPISODE WE DISCUSS: [06.27] From recent episodes to upcoming events, an update on what’s happening at Let’s Talk Supply Chain. So grab your cup of coffee and your notebook, and get ready to be inspired. 08.35] An introduction to Dyci’s co-host, Hope White.

supply chain software solutions 98

supply chain software solutions Sustainability Supply chain Supply 98

The Network Effect

APRIL 17, 2015

Even high-volume products with well-understood seasonality patterns continue to experience high near-term forecast error rates of over 40% while using sophisticated time-series methods for demand planning. Just looking at typical real time events helps us understand why many techniques can’t possibly work in the near term.

Demand 49

Demand Supply Chain Optimization Networking Consumer demands 49

Supply Chain Opz

AUGUST 2, 2017

The quest then lies within forecasting, which seeks to provide the best possible estimate of future sales to enable the organization to effectively plan to meet that future requirement. Given that demand can change every day, forecasting becomes the ultimate adventure.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain Demand Planning Supply 40

Supply Chain Game Changer

JULY 28, 2020

Supply and Demand Planning, Inventory Management, Quality Management, Logistics Management, Channel Management, Distribution, and Manufacturing must all be performed for every aspect of the Supply Chain. By outsourcing services as well you protect your organization if it is directly impacted by any disastrous event.

Supply chain 100

Supply chain Strategy Supply Distribution channels 100

IBM Supply Chain Blog

JUNE 21, 2023

Reports showcase vendors that excel in three key areas: Ease of implementation Ease of use Relationship ratings Highlights of IBM’s leadership Ranked #1 in 135 unique reports: Instana, an IBM Company ranked #1 in the AIOps Platforms, Application Performance Monitoring (APM), Observability Solution Suites, Container Monitoring, Log Analysis, and (..)

Real-time Visibility 52

Real-time Visibility Demand Planning Networking Data 52

Supply Chain Game Changer

OCTOBER 12, 2021

A work event with all of the top leaders of the company was a great way for me to meet a lot of people quickly. A year after I had started, I had a chance to present the status of the operations, and the future strategy, at a company wide leadership event. Demand planning in this environment is practically impossible.

Leadership 105

Leadership Supply Chain Efficiency Supply chain Distribution channels 105

Supply Chain Game Changer

NOVEMBER 22, 2018

Event Management. Just like in Retail, where there is a new Sale or Season every couple of months, so in FarmVille there is a new Event every few weeks. Every event usually requires the stockpiling or creation of capacity for certain raw materials and finished goods. Supply/Demand Planning.

Agile and Lean Supply Chain 46

Agile and Lean Supply Chain Supply Chain Optimization Supply chain Raw materials 46

SCMDOJO

JANUARY 26, 2024

Thoroughly research the qualifications and requirements for your desired roles to tailor your professional development plan accordingly. Networking is crucial; connect with industry professionals, attend events, and seek mentorship for guidance and potential opportunities. Q: What is the job path for supply chain management?

Supply Chain Optimization 97

Supply Chain Optimization Supply chain Leadership Supply chain management 97

Arkestro

APRIL 23, 2024

Seasonality: Procurement Events and Market Tests Seasonal items often present a cost-saving opportunity for procurement. Rather than simply triaging reviews based on quarterly financial reporting periods, procurement can leverage the impact of seasonal demand to accurately calendar the quoting process with suppliers.

Procurement 52

Procurement Procurement team Quality Demand Planning 52

IBM Supply Chain Blog

FEBRUARY 19, 2024

By developing contingency plans and resilient supply chains, companies can continue to operate even when unexpected events occur. Key strategies for effective supply chain management There are a number of ways that companies can better optimize and manage their supply chains.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

EazyStock

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. In the event of high demand for stock items, there is also a risk of tension between customers and suppliers.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. In the event of high demand for stock items, there is also a risk of tension between customers and suppliers.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. In the event of high demand for stock items, there is also a risk of tension between customers and suppliers. The post appeared first on.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Real-time Visibility Inventory 52

Supply Chain Action Blog

JULY 8, 2021

After a short stint in manufacturing process engineering in another industry, she got interested in the business side of things and moved into supply chain planning, starting in demand planning. Through her affinity for math and her attention to detail, Amanda earned a couple of promotions and is now a senior demand planner.

Demand Planning 40

Demand Planning Demand Supply Chain Optimization Agile and Lean Supply Chain 40

SCMDOJO

APRIL 4, 2023

These analytics can also help identify known risks and predict future risks by spotting patterns and trends throughout the supply chain, increasing planning accuracy, and better predicting future demand. What are some examples of Supply Chain Analytics?

Supply Chain Analytics 111

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

Finale Inventory

JULY 22, 2024

Steps Involved in MTS Successful MTS implementation starts with accurate forecasting and demand planning. Analyzing sales data and market trends helps estimate future demand and plan production accordingly. The Process of MTS in Ecommerce Implementing MTS in ecommerce involves several steps and considerations.

Inventory 52

Inventory Raw materials Order Fulfillment Supply Chain Efficiency 52

Let's Talk Supply Chain

APRIL 13, 2023

Broadening your company’s reach with staff augmentation experts Hunter Bell, Lean Solutions Group’s Sales Team Leader, had an insightful conversation in the Let’s Talk Supply Chan Podcast during the Home Delivery World event and discussed Lean Solutions’ services offering and one of the hottest topics in logistics today: staff augmentation.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Real-time Visibility Logistics supply chain software solutions 52

Planergy

DECEMBER 8, 2022

For macro-level demand forecasting in the United States, companies can use data from publicly available government agencies and other sources. Demand planning is crucial to all businesses, but the forecasting process and even the forecasting software you use can influence the results. Statistical Method.

Demand 52

Demand Data supply chain software solutions Inventory 52

SCMDOJO

AUGUST 16, 2023

By sharing real-time sales data and demand information, CPFR enables accurate forecasting and demand planning, minimizing information distortion, and promoting synchronized inventory replenishment. For Walmart, agility has been a critical factor in maintaining its leadership position in the retail industry.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

Finale Inventory

JULY 15, 2024

Using average inventory helps prevent distortions in the inventory turnover ratio due to seasonal variations or one-time events. Consider adopting inventory management systems, demand planning software, and automated reorder systems to streamline processes.

Inventory 52

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Finale Inventory

JUNE 29, 2022

Because there is no way to be accurate in a demand forecast down to the exact amount of inventory, implementing marketing strategies to make up for the difference can be helpful. Finale Inventory Demand Planning. Finale Inventory helps you plan for demand as accurately as possible. What Is a Shortage?

Inventory 52

Inventory supply chain software solutions Demand Price 52

World of Procurement blog

MAY 8, 2024

Cost benchmarking and market intelligence Data visualization and reporting Predictive analytics for demand planning Data-driven procurement not only improves efficiency, but also empowers more strategic decision making to maximize value. Analytics capabilities include: Spend analysis by supplier, category, department, etc.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Finale Inventory

SEPTEMBER 19, 2024

Trends: Long-term patterns or tendencies in demand, influenced by various factors such as seasonality, economic conditions, and consumer preferences. Seasonality: Regular and predictable fluctuations in demand that occur due to factors like weather, holidays, or annual events.

Demand 52

Demand Supply Chain Optimization Inventory Agile and Lean Supply Chain 52