Hi
In today’s world economic Demand Management Solution should try to cover the following functionality, let me know if we need to add anything more:
- Synchronize global planning
- Forecast only the products and components that make sense from a profit and/or strategic perspective
- Utilize best-of-breed statistical forecasting techniques
- Employ a forecasting tool that balances performance and scalability
- Apply event-based planning
- Perform [...]
Hi
Yesterday had a interesting discussion on the supply chain initiatives, have listed the few on what felt was important for the moment-
• Re-Design Your Warehouse Network, Add Regional Warehouses and
• Save Transportation Costs
• Compete on Service, Fend Off Price Concessions
• Re-Bid Your Freight Spend, Deepen Your Routing Guides
• Invest in Non-Transportation Resources–Inventory, Labor, Technology,
• Time-That Offset Transportation Cost
• Fill Orders Flexibly
• Change Inventory [...]
People keep asking me which project to focus in the supply chain business function in the current economic tough times.
My belief is that this is the wrong attitude and no matter how backward and tightfisted senior management and finance group are, if you can identify for them in straight forward terms a specific and achievable [...]
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Hi
Today am writing about Sales And Operational Planning as requested by my friends.
Sales and operations planning (S&OP), sometimes known as aggregate planning, is a process where executive level management regularly meets and reviews projections for demand, supply and the resulting financial impact. S&OP is a decision making process that makes certain that tactical plans in [...]
Hi
Planner needs to chose the right type of forecasting technique based his company’s needs or have system which takes best of all.
• Judgment methods: A type of qualitative method that translates the opinions of managers, expert opinions, consumer surveys, and sales force estimates into quantitative estimates.
• Causal methods: A type of quantitative method that uses historical data [...]
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Retailers face several challenges when it comes to forecasting:
• Scale of the problem (large number of stores and items to forecast).
• Intermittent demand (slow and erratic sales for many items at the store level).
• Assortment instability (frequent new-item introductions and seasonal assortment changes).
• Pricing and promotional activity.
Given these challenges, it is important to recognize where forecasting can enable better [...]
From CSR International: “A new report from BPM Forum and E2open covers the priorities, progress and pitfalls that supply chain and finance executives are facing in product development environments. The report also provides perspectives from more than 20 corporate and faculty leadership committee members, which includes best practices for implementing environmental sustainability into their supply [...]
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Hi
As was discussing with my friends on the Warehouse challenges and to find the right product/solution to support the same:
Following were the challenges coming to our mind, apart from the regular ones which we have always:
1) Customer Services
a. Customer Services Challenges
b. Supply Chain Compliances needs
2) Operations
a. Poor Inventory Visibility
b. High Overall inventory levels, high carrying costs
c. High Obsolesce and write-offs
3) Rising Costs
a. Fuel [...]
CII Institute of Logistics - A Centre of Excellence established by Confederation of Indian Industry(CII) is organizing in association with IBM “The Smarter Supply Chain of the Future” - A Round Table Conference on Supply Chain Optimisation and Excellence on 30th of November 2009 at Hotel Intercontinental , Mumbai between 09:30 hrs and 13:30 hrs [...]
JDA Software Group, Inc. and i2 Technologies, Inc. announced the signing of a definitive merger agreement for JDA Software to acquire i2 Technologies, Inc., a leading global provider of supply chain solutions, for an enterprise value of approximately $396 million. The combination of the two companies creates a global leader in the market for supply [...]
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