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…
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…
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…
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…
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…
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…
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…
For companies with outdated or manual inventory management systems, lack of certainty about the accuracy of inventory levels can make managers and decision-makers apprehensive during busy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…
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…
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…