Demand Forecasting, Sales Planning, Big Data Analytics & IBP
Although most demand planners and COE professionals understand the mechanics of these measures, there is some confusion on what to measure and why.
Measurement depends on what you are trying to drive – what you are using the forecast for? So level of aggregations matter as well. We explain some examples on what circumstances drive which measures.
Following are 17 suggested resolutions for your demand planning in 2017! 1. Trust the Stat Forecast . Although there are caveats, if tuned correctly, Stat can do wonders. 2. Spend … Read More
Developing a process and system to do event modeling for promotional programs is the holy grail that will spark of the interest of the Sales groups in fully integrating with the S&OP process. In summary, Sales Planning functions are critical for better Sales Management as well as for an effective S&OP process.
“The measure of a person’s strength is not his muscular power or strength, but it is his flexibility and adaptability.” Same holds true for businesses and supply chains. Hanjin Shipping … Read More
Key factors for a successful supply chain – Product Assortment Visibility to Customer Wants and Needs Ability to successfully modify customer demand Inventory Management Supplier Relationship Management Product Assortment defines … Read More
There is a huge competition amongst e-tailers and retailers to win customers by providing good customer service and quick delivery. Furthermore, all of this at a low cost. With the … Read More
Inventory Management has been a pain point for many companies – retailers, manufacturers and service companies alike. Companies have been fighting high inventories with various initiatives – from simple … Read More
Introduction: In the past few years Target has expanded its business into selling fresh produce, meat and other perishable food items. With being ‘out of stock’ being the main pain … Read More
Some of the big names who have used our services and expertise include Honeywell, Pepsi Foods, Brown-Forman, Labatt, Yaskawa, Coleman, McCain Foods, Lindt and many other small and medium size companies.
We can be reached at www.demandplanning.net. You can also contact our Business Development Manager at hatimr@demandplanning.net . We would be glad to have an initial call for a short diagnostic of the current processes and pain points.
We have received several queries about our next Advanced Demand Management workshop. Below are some of the FAQs: What is “Advanced” about this workshop? The workshop content offer sessions … Read More
