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Category: Demand Planning

Read timely information on how effective demand planning can  elevate customer service levels and reduce inventory costs.

How DemandCaster Became a Trusted Name in the Supply Chain Planning World

While Plex Systems DemandCaster continues to provide the supply chain planning world with a robust software product that helps businesses of all sizes work smarter and grow better, explicit recognition in the IDC MarketScape: Worldwide Overall Supply Chain Planning 2019 [...]

Supply Chain Planning to the Rescue – Cash Flow Management During COVID-19

During the best of times, managing cash flow can be challenging. But during long-term disruptions such as COVID-19, cash flow management can become an existential exercise. As companies look to assess the damage from the pandemic, in order to define [...]

Demand Forecast Accuracy – A Better Way to Fight the Bullwhip Effect

Supply chain disruptions are nothing new. As 2020 continues to demonstrate, some disruptions can have a greater, catastrophic impact. But even small fluctuations can cause what is known as the “Bullwhip Effect”. This phenomenon occurs when demand signals are amplified [...]

Beating Disruption with Digital Supply Chains

In the past, companies relied on the shared knowledge of a handful of people within an organization - and sometimes just one person - to plan and manage supply chain requirements. Supply Chain Management (SCM) consisted of phone calls, desk [...]

5 Tips to Hacking Distribution Requirement Planning in the Food and Beverage Industry

The Food Waste Reduction Roadmap Report of 2019 show that a third of food, which includes beverages, is wasted around the world. Further analysis of the ongoing waste across the food and beverage production chain in the United Kingdom highlights [...]

5 Steps to Digitize Your Inventory Planning Process

Many companies cite “inventory optimization” as a goal.  And with the digital tools available today, companies can manage their inventories better than ever with cutting edge inventory planning software such as that provided by DemandCaster.  These platforms empower companies to [...]

Top 5 Production Capacity Planning Challenges You Should Know

Modern manufacturing is a complex endeavor for any company.  Equipment capability, labor and productivity must be balanced against demand, sales forecasts, supply chain issues and many other factors to produce the right volume at the right time. Too much and [...]

Advanced Planning Challenges in Brownfield Facilities

The manufacturing industry relies on its legacy systems and equipment to get work done. This has been the way for decades. A report on the state of the manufacturing industry states that only 26% of manufacturing plants believe implementing new [...]

6 Questions that will Improve Your Capacity Planning Strategy

Capacity planning has always been a core strategic process in the manufacturing industries' quest to meet the demand of customers in a timely and efficient manner. Having accurate insight into your plant’s production capacity within specific durations of time while [...]

6 Tips to Improve Inventory Management through Automation

For companies with outdated or manual inventory management systems, lack of certainty about the accuracy of inventory levels can make managers and decision-makers apprehensive during busy times.  If calculations and inventory management practices are off, companies may find themselves with [...]

Strategies for Optimizing Customer Service Levels

  While every business works diligently to improve efficiency and operational excellence, at the end of the day it’s the customer who determines a company’s success.  And companies are looking for new ways to optimize customer service levels to improve [...]

How Demand Planning Fits into Integrated Business Planning

For years, many companies relied upon Sales and Operations Planning (S&OP) to align processes in their supply chain.  By doing so, companies were able to improve performance and profitability.  As the value perception of S&OP matured it became apparent that [...]

The Method in the Madness – Choosing the Best Demand Planning Method

Aligning demand with supply is a critical function for any company.  And it’s one with a lot of moving parts.  The right demand plan must have a balance of inputs from all areas of the company to create forecasts that [...]

Demand and Supply Planning in Unpredictable Times

With everyone’s health a top priority due to Covid-19, we’re facing unprecedented times, and in many cases flying by the seat of our pants to maintain as much normalcy for ourselves and our families as possible. Now enter the workforce, [...]

Step up your demand planning in 2020

How can you take your demand planning to the next level? Start with communication. As Tech Target said, "Demand planning is not a compartmentalized component within the company. It's an integrated and detailed set of actions that connect multiple activities [...]

Thinking through digital supply chain

Going digital in supply chain takes knowledge and careful planning.  As Gartner said, "While any organization can throw technology at planning, it makes more sense to pause a minute and think about what type of digital technology is appropriate." Think [...]

How accurate are your forecasts and how accurate do they need to be?

A forecast doesn’t have to be correct to have value. In fact, the Institute of Business Forecasting & Planning said, “We need to continually remind people that a forecast is not going to be 100% accurate, and that it does [...]

How do you choose your aggregation levels?

When it comes to aggregation you could traditionally choose top-down or bottom-up. That is not necessarily the case anymore. The Institute of Business Forecasting & Planning said, “Middle-out forecasting is another option, starting somewhere in the middle of a hierarchy; [...]

Forecast vs. Demand Plan – do you know the difference?

Do you know the difference between a forecast vs. demand plan? A forecast is a prediction of demand based on numbers seen in the past. Demand plan starts with the forecast but then takes other things into consideration like distribution, [...]

Seven Advantages of Integrated Demand and Supply Planning

A championship football team reaches such heights because of teamwork, practice, and a clear strategy.  Both offensively and defensively, team members are drilled over and over to work together and know the plan so that on game day, everyone is [...]

What makes a great demand planner?

What characteristics does a great demand planner have? First of all, they can solve problems. Being creative and objective is a vital part of their job! However, they can also communicate their problem solving methods very well. It’s important for [...]
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