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Category: Best Practices

Learn best practices from experts at DemandCaster and other industry experts.

Computational thinking in today’s industry

Industry Week defines computational thinking as, “A structured approach to problem-solving, which ultimately allows you to come up with a solution that can be effectively carried out by computers, people, or—typically—a combination of both.” This is a great tool when [...]

A Focus on the Eighth Lean Waste in Manufacturing

There were originally seven wastes of lean manufacturing, but an eighth was added in the 1990s that should not be ignored! Dave Turbide said, “Variously called unused human creativity, under-utilized talent, incorrect use of abilities, unused human intellect, or simply [...]

The Life of a Demand Planner

What do the first 100 days look like for the average demand planner? What trends does a demand planner hope to establish when embarking on this new journey? Much like POTUS, you can’t go it alone -- you need your [...]

5 Most Common Mistakes Made in Sales Forecasting

Selling anything, from widgets to wide-load trucks, isn’t an exact science. There are fluctuations in demand, in supply of raw materials, in shipping and more. That said, getting as close to reality as possible in sales forecasting is how you [...]

Manufacturing Performance Metrics for Producing Products

Delivering goods and products begins with raw materials, which vary widely by industry and manufacturing process. No matter the industry, however, all inventory must be sourced and managed. The most effective way to do so is by measuring inventory turnover. [...]

Awareness And Knowledge Arise From Cross-Functional Alignment

Supply Chain, finance, commercial, marketing, and any other department that can impact sales volume, are all integral parts of a business. When it comes to the awareness, knowledge and alignment, cross-functional collaboration is key to seeing both opportunities and risks, [...]

How are Millennials Affecting the Supply Chain?

Millennials want more than a good price. They want availability, speed and convenience. More than that, they want to be included in the actual co-creation of the product. To millennials, it's about the experience. Enter "experiential supply chain." At the [...]

The 7 essential Excel tricks every Excel user needs to know

Here at DemandCaster, we use Excel every day. In fact, the original version of DemandCaster was built using Excel and a number of advanced Excel tricks. All DemandCaster reports are defaulted to output as Excel and Excel can be used to easily prepare [...]

In Excel We Trust! It Depends…

There is no question that Microsoft Excel is one of the most popular business tools used throughout the world. The power of Excel is extraordinary and while many skilled users are able to make it perform complex data management tricks, [...]

Four Strategies to Help You Meet the New Normal, Head-On

Back in January we posted our Supply Chain Resolutions for 2011. In our March newsletter, we shared our four improvement strategies for the remainder of 2011. We are posting them here for those readers that do not receive our monthly [...]

Policy vs. Common Sense

My good friend Guillermo Fernandez, the retired General Manager of Colgate-Palmolive Mexico, would always say: "Common sense, the most uncommon of all the senses." Here is a true story to exemplify this very point. Way back when, I worked for [...]

Software is Only Part of the Answer

Many companies of every size will look at software to improve their operations and rightly they should. Having the right information in the right place at the right time in the right form can certainly help accelerate our ability to [...]
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