Is your S&OP process too complicated? If so it’s time to KISS that headache good-bye. A sales and operations planning (S&OP) process should simplify and streamline the company, not add additional complications. If this is not your reality, it’s time [...]
Inventory, as a large item on the balance sheet, is always an important concern for a manufacturing company and its finance team. Most financial managers would like to see inventory reduced to free up cash for other purposes.
As digital transformation continues in retail, companies need precise supply and demand planning to help increase flexibility and responsiveness — while also reducing overstock and out-of-stock situations.
Supply chain disruption interrupts the flow of goods, and that means it has the potential to have a major effect on a company's financials. Here's what business leaders -- including CFOs -- should know.
General Colin Powell once said, “Great leaders are almost always great simplifiers, who can cut through argument, debate and doubt, to offer a solution everybody can understand.” This statement holds very true for for supply chain leaders. To simplify is [...]
The DemandCaster team is excited to be exhibiting at NetSuite’s SuiteWorld conference in Las Vegas, Nevada, on April 23-26, 2018. SuiteWorld—touted as the “industry’s #1 Cloud ERP conference”—gives attendees the opportunity to tap into the power of the NetSuite ecosystem, [...]
Supply chain planning is a discipline that touches every function within a business—often with financial implications—and therefore it’s no surprise that CFOs often taken a keen interest in the subject. We continue to see examples of poorly designed supply chain [...]
Supply Chain Planning Software Helps Increase Operating Margin by 20% Australian-based STM Brands makes high-quality accessories for tablets, laptops, and phones and markets them globally. They relied heavily on spreadsheets for demand forecasts and planning, but when Ethan Nyholm, President and [...]
At the risk of preaching to the choir, I want to share with you an important insight that I didn’t fully appreciate until only recently: demand and supply planners deserve more respect. Plain and simple. I thought I had a [...]
Supply Chain Planning Software Improves On-Time Delivery to 99% As a manufacturer, two keys to remaining competitive are the abilities to accurately plan capacity and perform sales and operational planning (S&OP). ASK Power, an Aurora, IL-based manufacturer of electrical power [...]
You’ve completed a successful 2017 and you likely have plans set for 2018. Even so, it’s a good idea to take a moment and think about what you’d like to do different this year by looking at areas of your [...]
A recent Reuters article headlined “U.S. department stores tap brakes on stocking for holiday season” points out that “Macy’s Inc, J.C Penney Co Inc, Kohl’s Corp, Nordstrom Inc, Dillard’s Inc and Hudson Bay Co’s Lord & Taylor are among the [...]
The 2017 IBF Conference, which took place last week in Orlando, Florida, offered a wide array of presentations, exhibits, and offline discussions that drew a healthy audience of planning and forecasting practitioners and executives, all interested in sharing their experiences [...]
More businesses are realizing the value of the data they generate day-to-day. One key area is optimizing the flow of materials in your operations. With this insight, you can be more proactive in your planning and execution, better positioned to [...]
Shifting customer demand has put many supply chains through turmoil as they struggle to respond. The likely cause is that most planning happens in a vacuum—on spreadsheets or in disconnected systems. Supply chain planning is much more effective and your [...]
Supply chain planning includes your strategic business objectives, demand, supply, capacity, and of course, your constraints. There are a lot of moving parts to planning, especially when demand can shift more quickly than ever before. That’s why it’s critical to [...]
If you’re like most companies, unpredictable demand is a big challenge. It affects nearly everything you do: promotions, pricing, inventory management, supplier management, production/distribution management, and profitability analysis. The problem is getting everyone on the same page, especially if that [...]
You are likely familiar with the “bullwhip effect,” which refers to increasing swings in inventory as you try to meet shifting customer demands the deeper you move into the supply chain. The largest “wave” of the whip hits the supplier [...]
You may think your sales and operations planning is fairly accurate. You have an idea about customer demand based on what has occurred over the past month and you’ve put the appropriate inventory in place to meet those demands. Unfortunately, [...]
On March 12, 2017, we migrated DemandCaster forecasting and demand planning software and data service from Chicago, IL to the Plex Data Center in Auburn Hills, MI. The Plex Data Center is managed by a team of professionals with decades [...]