Technology > Forecasting & Demand Planning | SupplyChainBrain

Forecasting & Demand Planning: Page 95

Critical Elements for Revamping Your Network

Analyst Insight: Supply chain complexity and turmoil is on the rise due to growing global markets, increasing customer expectations, rising costs and more intense competitive pressures. Progressive companies understand that supply chain performance has a significant impact on the bottom line and shareholder value, and they must reinvent their supply chain networks on a regular basis in order to remain competitive. However, the traditional way of designing supply chain networks with a focus on cost optimization is giving way to more progressive thinking. - John Spain, Executive Vice President, Tompkins International

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Why Optimize Inventory? Because That's Where the Money Is!

Analyst Insight: When asked why he robbed banks, Slick Willy answered, "Because that's where the money is!" Where's the money in your company? Capital for new projects is a real challenge, with an appropriation process that is complex, political and arduous, commanding the attention and scrutiny of the executive committee. Yet, planners and schedulers armed with custom spreadsheets routinely make million-dollar working capital decisions every day! - Rich Sherman, Principal Essentialist, Trissential

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Demand Driven? Or, Just Driven Crazy!

Analyst Insight: Sherman's Law of Forecast Accuracy states that forecast accuracy improves in direct correlation to its distance from usefulness. It's time to stop being driven crazy by demand variability. Don't be driven by demand; sense, shape and respond to demand. Your company can better predict and respond to demand variability through integrating forecasting techniques with demand planning techniques; in a word, collaboration! - Rich Sherman, Principal Essentialist, Trissential

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Oracle Introduces Global Trade Intelligence Application

Oracle Corp. has introduced Oracle Global Trade Intelligence, a trade-analytics module designed to help companies make better use of global trade data.

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Big Data Drives Supply Chains

Analyst Insight: More companies are using some type of "big data" software and analysis to drive their entire supply chains. Almost all supply chain organizations recognize this to be a competitive necessity. Big data is being used along all supply chain levers, from buy, make, move and sell. Successful applications require coordinated decisions across organizations and along the entire supply chain. - Nada R. Sanders, Professor of Supply Chain Management & Iacocca Chair, Lehigh University

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Time for an End-to-End Transformation in Food & Beverage Industry?

Analyst Insight: Food and beverage companies lag consumer packaged goods companies in corporate performance. With rising raw materials costs and volatility, coupled with increased compliance for food safety, they are facing greater change and increased risk. As they move into 2014, their supply chains are not as mature and their challenges are greater. - Lora Cecere, CEO and Founder, Supply Chain Insights

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March Networks: The World of High-Tech Security

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Inventory Control & Service Delivery with Service Parts Management

Challenge: Our client, an aircraft manufacturer, needed a sophisticated parts planning process to support an increased demand for aftermarket parts services. The existing ERP and legacy parts planning systems couldn't meet the needs of an increasingly complex services organization, causing insufficient service levels, low inventory turns, and high levels of obsolete stock.

E2open Releases Update of Planning and Response Software

E2open has made available version 11.2 of E2 Planning and Response.

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It's Valentine's Day. Are You Too in Love With Your Forecast?

Humankind is forever striving for perfection. When it comes to the job of demand forecasting, however, perhaps we ought to be a tad less obsessive.

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Notes From the Oracle Value Chain Summit

Some random themes and thoughts to emerge from Oracle Corp.'s Value Chain Summit in San Jose, Calif. last week:

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Why Data Warehousing Needs to Be in the Cloud

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