The supply chain is no stranger to change. In fact, we are so used to being chameleons, adapting to the latest innovation or problem, that it is very much part of what we do. Businesses which stand the test of time do so precisely because of their skill at adapting to face the latest challenges and indeed thrive from them. Read more
The supply chain industry has been adopting machine learning and applying it to demand planning for quite some time now. We’ve seen its success and therefore it follows that attention has now turned to using machine learning to streamline and support supply, or production, planning. However, whilst in demand planning machine learning has been relatively straight-forward, applying machine learning to supply planning is a different kettle of fish and rife with difficulties and therefore requires a slightly different approach. Read more
Sales & Operations Planning (S&OP) is a powerful decision-making process that provides a platform to balance supply and demand on a mid-to-long term horizon. The benefits are numerous – improved service performance, stable production rates, enhanced teamwork and reduced inventories.
Combine this with integrated financial planning and it’s a process that every business should operate. However, there are many issues that will break an S&OP process and in this article, we look at five of them. Read more
In a supply chain, we understand the need to carefully balance supply and demand. Knowing and predicting your potential sales is critical to your success. Successfully launching a new product is central to this.
However, how do you – with reasonable accuracy – predict demand for a new product? How can you be sure that your next product is going to be a success that improves profits and builds your brand? Read more
Not so long ago those at the top of the supply chain were the source of demand, a push-driven process where demand could be carefully managed and contained. With a complete shift in the global marketplace, and with the advent of the digital age, this traditional supply chain structure has been largely turned on its head. Read more
Demand planners are rarely rewarded when they get it roughly right and are the scourge of the business when they get it very wrong. Read more