eng
About   |   Newsletter
Demand & Supply Chain Management Evolution


     
Document Detail
Language: English

Four Pillars of Demand Planning Excellence

 
 
 

Company: Logility
Tag: Demand Planning
Forecast Modeling
Supply Chain Collaboration


Estimating future demand forecast accuracy is one of the most fundamentally valuable, but frustratingly difficult, challenges in supply chain optimization. Any discussion of this subject will invariably note that forecasts are always wrong, but absolutely essential to planning business effectively. Demand forecasting software provides the crucial forward-looking picture that shapes how a company will deploy its supply chain to take maximum advantage of customer opportunity. “Demand planning” is the effort to increase forecast accuracy and customer service levels through better perceiving, predicting, and shaping the full range of factors that determine how well your product portfolio satisfies market needs.

No other aspect of supply chain optimization has greater impact on business profitability. Providing the best “one number” forecast requires capturing demand close to its source and accurately predicting actual demand with enough lead time and confidence to ensure maximum sales and operations performance at minimum cost. This paper outlines four key elements that support effective demand planning and establish fundamental parameters for higher service levels and lower inventory cost. These are the “pillars” on which competitive advantage and profitability are built:
- Forecast modeling
- Demand aggregation (and disaggregation)
- Management by exception
- Collaboration between internal and external supply chain stakeholders

 

 





read the full document >>
(external link)
  
 

 

 

Other Documents of
LOGILITY
in English
:

5 Steps to Ensure Collaborative VMI Success

6 Keys to Exceeding Expectations with Inventory Optimization Initiatives

7 Methods that Improve Forecasting Accuracy

A Food Manufacturing Plan for All Seasons

Aberdeen Integrated Transportation Management

Aberdeen S&OP Report Seeks More than Simple Matching of Supply to Demand

Aberdeen Service Parts Management Update

Aberdeen SOP Benchmark Report: Leveraging S&OP for Competitive Advantage

Are All Products Created Equal? Utilizing Multiple Forecasting Methods to Increase Forecast Accuracy

Are Spreadsheets Sabotaging Your Supply Chain?

Avoiding The Common Pitfalls of SCM-ERP Integration

Avoiding The Pitfalls of SCM-SAP Integration

Best Practices in S&OP: A Benchmark Report

Best Practices in Transportation Management

Better Planning Sweetens the Food Manufacturing Mix

Beyond Basic Forecasting

Boston Retail Report 2015

Bridge the Gap: How Fragmented Planning Horizons Undermine CPG Supply Chains

Collaborative Transportation Management

Conquering The Omni-channel Inventory Challenge

Demand Driven Inventory Management Strategies

Demand Management Benchmark Report

Demand Management in Consumer Goods Industries

Demand Management in Discrete Industries

Demand Planning Segmentation - Aberdeen

Eight Methods that Improve Forecasting Accuracy

Energy Cost Impact Brief

Five Essential Elements that Transform Transportation Management

Five Inventory Core Competencies That Can Make or Break Your Competitive Advantage

Five Keys to Transportation Planning and Optimization Success

Four Steps to Building a Branded Apparel Competitive Edge

Fuel Your Green Supply Chain: Optimizing Transportation Efficiencies

Inventory Optimization Maturity Curve

Inventory Optimization Technology Strategies for the Chief Supply Chain Officer

Inventory Optimization: Impact of a Multi-Echelon Approach

Logility Inventory Management Solutions: A Fact Based Analysis

Logility Voyager Demand Planning Solution

Managing A Bountiful Harvest

Optimizing Retail Allocation: 10 Must-Have Capabilities

Planning Optimized: Building a Sustainable Competitive Advantage

Putting Supply Chain Performance at Your Fingertips

Reaping the Rewards of Sub-SKU Forecasting

Removing Barriers to Inventory Optimization

Retail Supply Chain Collaboration: 3 Catalysts for Success

Return on Relationship versus ROI

S&OP: A Critical Process for Superior Performance

Sales & Operations Planning Adoption and Priorities

Sales and Operations Planning

Sales and Operations Planning Strategies for Managing Complexity within Global Supply Chains

Secrets of Successful Global Sourcing

Service Parts Management

Seven Easy Estimates Reveal What to Expect from Inventory Optimization

Six Supply Chain Actions That Drive Wholesale Distribution Success

Successful Sales and Operations Planning in 5 Steps

Supply Chain Digest Research Report: Supply Chain Planning Technology

Taking Transportation Management to the Next Level

Technology Strategies for Inventory Management

The Life Sciences Guide to Exceeding Expectations with Inventory Optimization

The Practical Approach to S&OP

The Responsive Supply Chain: Managing Market Events in the Consumer Goods Industry

The Supply Chain Innovator's Technology Footprint

Three Critical Components for Private Label Success

Transportation Planning and Management for Operational and Bottom line Benefits

Trouble with the (Size) Curve

What Every CFO Should Know About Inventory Optimization

Winning the Inventory Battle in Consumer Electronics