All Things Supply Chain

JUNE 13, 2016

As this is the second part of my “right vs. wrong” series, I have to warn you once again: This post may contain satirical elements. If you feel offended because your company has an ERP system in its portfolio, then … Continue reading →

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Supply Chain Brain

AUGUST 7, 2022

needed to implement a new tool for supply as well as sales and operations planning functionality — and time was of the essence. Global cybersecurity leader Palo Alto Networks, Inc.

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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. .

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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. .

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Supply Chain Brain

JUNE 11, 2023

Supply chains have always had to contend with disruptions, and that will not stop, says Lusi Zheng, senior director, advisory at Gartner. That's why planners must remain agile.

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Supply Chain Dive

JULY 17, 2023

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

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The Network Effect

SEPTEMBER 4, 2015

In supply chain planning there are many theories. Consider Forecasting, or Demand Planning as an example. I don’t know about you but I’ve been awfully impressed with the theories I hear a variety of experts talking about when it comes to demand planning. Exactly Armstrong’s point! In practice, you can’t.

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Supply Chain Brain

FEBRUARY 2, 2021

With the coronavirus pandemic and its lingering effects, companies have now experienced how challenging it can be to plan and maneuver their supply chains around uniquely disruptive, once-in-a-lifetime events. But the unfortunate truth is that less severe events overwhelm or undermine supply planning all the time.

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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.

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Finale Inventory

SEPTEMBER 19, 2024

Demand forecasting is key to the success of ecommerce businesses. By accurately predicting customer demand, online retailers can optimize their inventory management, streamline their supply chain, and enhance overall business performance. Forecast: An estimate of future demand based on historical data and other relevant factors.

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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.

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The Network Effect

FEBRUARY 6, 2015

Then I proceeded to describe the differences in skill sets, business relationships and aptitudes between a Demand Planner and a Supply Planner. Who does the Demand Planning group report to?”. The goal of the demand planning process is to create a sales forecast that is as accurate and unbiased as possible.

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Skill Dynamics

JULY 17, 2024

Struggling to anticipate customer demands? It’s impossible to know entirely how demand will pan out. However, demand forecasting is key to gaining some sense of control over your business during this turmoil. One such challenge is demand volatility.

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Supply Chain Action Blog

SEPTEMBER 20, 2018

There is a process that should be part of both your demand planning and your sales and operations planning. Respecting reality also means capturing seasonality and cyclical demand in addition to month-to-month variations. These, in turn, should be narrower than the limits calculated for more distant future periods.

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Supply Chain Brain

NOVEMBER 30, 2021

This paper shows how to evaluate and communicate the value of improving the credibility of the demand plan.

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Supply Chain Brain

SEPTEMBER 14, 2024

The Manufacturing sector is swiftly integrating new technology to fulfill requirements in demand planning, quality control, sustainability, and supply chain objectives.

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Supply Chain Dive

MARCH 13, 2024

The retailer has 10 new facilities in the pipeline and is investing in AI and machine learning to sharpen demand planning as it grows its profits.

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Inventory Demand Planning Supply chain Management 125

IBM Supply Chain Blog

SEPTEMBER 7, 2021

Aside from population-based demand changes, retailers also have been tasked with anticipating demand shifts from increased online shopping, decreased brand loyalty, and other shopping trends. Inventory allocation has never been easy, but a less clear picture of demand makes forecasting, planning and allocation increasingly complicated.

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All Things Supply Chain

SEPTEMBER 30, 2019

How a TV show (and bad demand planning) tore down a German start-up No, of course we are not talking about the majestic animals from the African savannah. but about…

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The Good Spending

APRIL 2, 2023

Where's the procurement planning when you need one? Once, we wrote about demand management in this blog. It's a good enough topic, which misses one crucial element - demand management mastery comes after sophisticated planning. In some companies (and I'm quoting my own experience), procurement planning barely exists.

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All Things Supply Chain

DECEMBER 4, 2023

Here’s how you can meet demand and maximize profit during… The holiday season is here, and businesses are working to provide the best customer experience through optimizing their supply chains.

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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. Having too little in stock means running out at unfortunate times when the demand is high, causing your buyers to buy elsewhere.

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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. Visibility. Conclusion.

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Procurement Tactics

AUGUST 15, 2022

Supply Chain Planning — The Ultimate Guide of 2022. Supply chain planning helps organizations to meet customer demands efficiently. However, to achieve this, you will need to have effective supply chain planning. . For this article, we will show you steps on how to create a successful supply chain plan. ENROLL NOW.

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Supply Chain Brain

AUGUST 23, 2023

In this one-hour webinar, Veho CEO Ita Zur will explore various strategies that retail companies can adopt to overcome peak season challenges, including demand planning and innovative solutions to handle the surge in deliveries and meet customer expectations.

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Planergy

DECEMBER 8, 2022

Demand Forecasting Methods: Choosing The Right Type For Your Business. Financial Planning & Analysis (FP&A) Forecasting Strategy & Planning. Types of Demand Forecasting Models. The Different Types of Demand Forecasting Methods. How to Choose the Right Type of Demand Forecasting for Your Business.

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Let's Talk Supply Chain

OCTOBER 28, 2024

By unifying demand forecasting methods into a single composite model, it elevates capability, robustness, adaptability, and accuracy – and therefore all of the optimization of supply chain processes, and applications that are consuming that output.” So if it has an incomplete aspect of the data model… it can lead to misleading results.”

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

SCMDOJO

APRIL 29, 2024

A well-managed supply chain enables businesses to respond swiftly to market demands, mitigate risks, and seize growth opportunities. Planning: This stage involves forecasting demand, setting production schedules, and creating a strategic framework for the entire supply chain.

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

Supply Chain Brain

AUGUST 16, 2022

Logility's demand-planning tool has immeasurably improved the customer experience at Berry Global, says David Walsh, vice president of supply chain and customer experience at Berry Global.

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Let's Talk Supply Chain

MARCH 8, 2024

Supply & Demand Chain This year, we received over 400 submissions for our Women in Supply Chain award, the highest amount of applications not only for this award but also for all of our awards. That’s why this award is so important to Food Logistics and Supply & Demand Chain Executives. We’re all better together.

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Let's Talk Supply Chain

JANUARY 1, 2024

Its platform helps companies align and optimize demand, merchandise, supply chain, and operations planning across the end-to-end value chain. 21.48] A closer look at RELEX’s demand planning software, and how it’s creating impactful results for clients. And that makes it very complex for retailers.”

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SCMDOJO

FEBRUARY 20, 2023

Improve Inventory Planning & Optimize Inventory The right inventory level can maximize efficiency, reduce costs, and improve customer satisfaction. The key is to balance having enough stock on hand to meet customer demand without maintaining excess inventory. Logistics KPI Dashboard Excel Template 4.

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Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it? What is Inventory Forecasting?

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

Finale Inventory

JULY 15, 2024

It involves overseeing the flow of products, ensuring their availability, and optimizing stock levels to meet customer demands. Secondly, effective inventory management involves forecasting and demand planning. By accurately forecasting demand, you can optimize stock levels and avoid excess inventory or stockouts.

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Procurement Tactics

JUNE 8, 2023

Thus, ensuring that you can always fulfill the demands of your customers. This helps companies ensure they always have enough stock to meet customer demands and warns them if they are running low. Just-in-Time (JIT) This is a strategy where inventory is ordered and received just in time for production or customer demand.

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Supply Chain Brain

JUNE 20, 2022

Assumptions are central to demand planning, but not all assumptions are created equal.

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