Transform Your Supply Chain Around Customer Demand
A modern supply chain is more than the efficient movement of optimized inventory downstream to meet forecasted customer demand. Of course, this is a huge part of what it should do, but demand exists to be both met and steered. Assortment, space and pricing decisions naturally play a part in the…
How Blocking the Suez Could Dampen Summer Demand
In what feels like an anti-climactic end to an incredible story, the Ever Given – the boat that broke the internet when it blocked the Suez Canal back in March – has finally docked at Felixstowe, England, with its cargo from the Far East –…
An Intelligent Way to Improve Demand Forecasting
I’m a cyclist. But I have a confession to make. I’m a fair-weather cyclist. While riding my bike helps keep me healthy and gives me time to think, when I get caught in a rain shower, I know I’ll be spending a significant chunk of my afternoon cleaning mud and gunk off…
What do Earthquakes and Chicken have in Common?
I ran into a couple of examples this past week on the awesome potential of big data and social media – to do both harm and good. If you hadn’t heard, an accidental communication about a massive earthquake in California was picked up by an…
Where, Oh Where Should Demand Planning Go? – Part 4 of 4
Now that we’ve established that forecasting is important, you know what your demand planning organization is going to do and how you plan to structure it, here we’ll address where to put it. Demand planning can work well within a number of organizations as long…
Building A Demand Planning Group: Roles and Skillsets to Consider – Part 3 of 4
Welcome back to Part 3 in this series. Once you’ve decided your company will create a demand planning group and have determined what processes your organization will support, you can decide how to structure and staff it. As discussed in Part 2, there may be…