Technology > Forecasting & Demand Planning | SupplyChainBrain

Forecasting & Demand Planning: Page 108

GT Nexus Wraps Up Merger with TradeCard

GT Nexus has completed its merger with TradeCard. The combined company, with headquarters in Oakland, Calif., is operating under the GT Nexus name.

Elevating Supply Chain Planning IQ with Data Analytics

Supply chain is the largest expense for any product company and generally accounts for 60 percent to 90 percent of all costs. Controlling such a substantial expense demands continuous performance improvement and high operational efficiency. Research suggests the existence of a statistically significant relationship between analytical capabilities and supply chain performance. In other words, data analysis can assist in controlling supply chain costs. Further, an analysis of 310 companies from different industries in the USA, Europe, Canada, Brazil and China indicates that analytics of the supply chain plan has the second-biggest influence on supply chain performance.

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Pain Points in Manufacturing and Supply Chain

Kieran Brennan, director of business development with Syncreon Technology, discusses the "yo-yo" effect of choosing between complete manufacturing at the factory, and relying on postponement strategies in regional markets.

Analytics Isn't New, But the Latest Version Does Require a New Understanding

Analytics companies are popping up everywhere as Big Data starts to work its way into more executive conversations. We've been down this road before; analytics isn't a new concept. However, new related technologies and a better understanding of what's at stake for businesses may make this wave a different one. The key is for everyone to get comfortable with the idea of using the new tools to roll their own analytics.

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Seagate Strives to Slash Inventory

Seagate Technology has launched a program to eliminate costly and wasteful inventory from its supply chain. Scott Robbleloth, director of supply chain, explains how the company did it.

There's a Lot of Talk About 'Demand Driven' - Much of It Nonsense

The term demand driven has become vogue again, but what does it really mean? And, should it be taken one step further to orchestrate bidirectionally market-to-market in market-driven value networks? Or will companies stumble on the path by mistakenly implementing supply-centric processes and calling them demand-driven initiatives?

Business Forecasting & Planning Academy

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How Much Inventory Do You Really Need?

Inventory is evil. Inventory is essential. The two statements aren't necessarily contradictory. Not if companies can figure out a way to determine the absolute minimum amount of stock needed to keep customers happy, while maintaining a tight lid on costs.

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Though Traditional Supply Chain Collaboration Is Dead, Technology Can Help

A recent Deloitte survey of 600 executives at manufacturing and retail companies found that 63 percent were highly concerned about risks within the extended supply chain comprising vendors and customers, ranking it among their top-two concerns. The executives surveyed also cited "lack of acceptable cross-functional collaboration" as the number one obstacle to managing risk effectively. While these survey results indicating a serious lack of collaboration and coordination among trading partners are certainly worrisome, should they really come as a surprise?

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Challenges and Solutions of Retail Warehousing and Distribution

The success of online retailers has been linked to the demise of many high street shops in the UK, most recently HMV and Jessops. The remaining retailers have clear strategies which incorporate on-line shopping with home delivery and are often further supported by other initiatives, such as click and collect, where goods are ordered online but delivered to a third-party address, such as a local garage or convenience store, to avoid the disappointment of missed home deliveries.

In Modern Retail Replenishment, Once a Day Isn't Enough

For retailers, the bar just keeps getting raised. Supply-chain excellence used to be about filling orders seasonally. Then weekly. Then daily. Now we hear of merchandise being replenished multiple times a day. Is there no end to the madness?

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Accessing Hidden Costs in Broken Supply Chains

For decades, governments and companies around the world have focused almost exclusively on tariffs as the biggest impediment to global trade. Despite tariffs dropping to a 30-year low, reform efforts have stalled in recent years and international trade remains seriously constrained.

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