Category: Supply Planning
Find out how to keep supply planning in balance to drive profitability, maximize execution and minimize risk.
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 [...]
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 [...]
Best Practices for Resource Capacity Planning for Small and Medium Businesses
Manufacturing can be challenging in the best of conditions. But for small and medium-sized businesses (SMBs) striving to remain competitive with large companies, their smaller size and reach mean that planning is even more crucial. Small and medium-sized businesses often [...]
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For companies with outdated or manual inventory management systems, lack of certainty about the accuracy of inventory levels can make managers and decision-makers apprehensive during busy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 [...]
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 is the Difference between Planning and Scheduling?
Whether selling pipe cleaners, or manufacturing widgets to use in the creation of gadgets, any company with operations and production will be dealing with planning and scheduling. The differential between what is planned and what is ultimately scheduled is where [...]Supply Planning: Processes, Options & Analytics, Oh My
Supply planning is the component of supply chain management involved with determining how to best fulfill the requirements created from the demand plan. The objective is to balance supply and demand in a manner that achieves the financial and service [...]
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