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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Demand Planning Demand Supply chain Supply 98

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 49

Demand Planning Demand Agile and Lean Supply Chain Collaboration 49

EazyStock

OCTOBER 31, 2022

What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Why is demand planning important? Is demand planning the same as demand forecasting?

Demand Planning 52

Demand Planning Demand Supply Chain Efficiency supply chain software solutions 52

EazyStock

OCTOBER 31, 2022

What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Why is demand planning important? Is demand planning the same as demand forecasting?

Demand Planning 52

Demand Planning Demand Supply Chain Efficiency supply chain software solutions 52

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

Finale Inventory

AUGUST 30, 2024

In the construction industry, effective inventory forecasting and demand planning strategies are vital for businesses to succeed in a competitive market. Additionally, we’ll explore the role of technology in streamlining inventory forecasting and demand planning and how to choose the right tools for your business.

Demand Planning 52

Demand Planning Inventory Demand Strategy 52

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.

Demand Planning 59

Demand Planning Agile and Lean Supply Chain Supply Chain Optimization Demand 59

Finale Inventory

SEPTEMBER 6, 2023

Demand planning with inventory management software and data reports. For businesses, it means meticulous planning to get ahead of Q4 in order to navigate the whirlwind of sales, promotions, and elevated customer expectations. Q4 Demand Planning is Crucial Inventory demand planning for Q4 isn’t a casual month-long affair.

Demand Planning 52

Demand Planning Inventory Demand Purchasing 52

Supply Chain Brain

NOVEMBER 30, 2021

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

Demand 97

Demand Demand Planning Management 97

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…

Demand Planning 140

Demand Planning Demand Supply chain Supply 140

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

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.

Supply Chain Optimization 281

Supply Chain Optimization Supply chain Supply Demand 281

Supply Chain Brain

DECEMBER 14, 2024

In the third white paper of our series, Deploying Strategy with Integrated Business Planning,we illustrate how demand planning should drive the business.

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Demand Strategy Demand Planning 66

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.

Inventory 130

Inventory Demand Planning Supply chain Management 130

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 budgeting Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 192

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

ivalua

AUGUST 18, 2015

Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in the supply chain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.

Collaboration 173

Collaboration Suppliers Bill of materials Supply Chain Efficiency 173

ivalua

FEBRUARY 25, 2021

Demand planning capabilities. Demand planning is the ability to create forecasts that predict the future need for your products. This capability is not available in any ERP, but a best-in-class supply chain solution will provide dozens of models for you to shape your usage for the future. Point-of-use data capture.

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supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

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.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Demand Planning Demand Supply chain 52

The Network Effect

DECEMBER 5, 2014

Prior to today’s advanced capabilities around Demand Driven Value Networks, the prevailing strategy was to implement Collaborative Planning, Forecasting, and Replenishment (CPFR). Former demand planning sales executives have estimated that as many as 60% of demand planning system implementations have failed.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Demand Supply chain 70

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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Procurement Demand Planning Budget Category management 98

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.

Demand Planning 40

Demand Planning Demand Quality Supply chain 40

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.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 130

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.

Demand Planning 98

Demand Planning Quality Sustainability Supply chain 98

Supply Chain Brain

JULY 4, 2020

Technology companies are entering a new phase of demand planning as the pandemic evolves.

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Price Demand Planning Management Demand 105

ivalua

SEPTEMBER 3, 2015

In Greg’s last blog post , he discussed three areas where supplier collaboration is creating value for the manufacturer from product design through demand planning: innovating, costing, and planning. It requires the building of trust and the development of shared goals.

Collaboration 173

Collaboration Sourcing Suppliers Management 173

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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Inventory Management Real-time Visibility Inventory control 187

Supply Chain Brain

JUNE 20, 2022

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

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Demand Planning Demand 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.

Demand Planning 98

Demand Planning Supply chain Demand Supply 98

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?

Inventory 170

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

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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Demand Planning Innovation Demand Strategy 98

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.

Agile and Lean Supply Chain 78

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

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.

Inventory 52

Inventory Demand Supply Chain Efficiency Management 52

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.

Strategy 115

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 115

Supply Chain Game Changer

JANUARY 19, 2022

An effective and efficient supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products. 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.

Supply Chain Efficiency 109

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

Supply Chain Game Changer

NOVEMBER 3, 2022

Demand Planning. Demand planning involves finding where you’ll get your items, how much you need to order, and when to call them. One of the things IT systems do is use enterprise resource planning (ERP) for demand planning. Therefore, you must note the role of IT team throughout the process.

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