The rapidly changing environment in the Canadian Cannabis space necessitates a fundamental re-think of the supply chain planning infrastructure.
Demand Sensing is the ability to pick up on trends immediately, giving you the ability to analyze demand data and decide how and when to act.
As the disruption caused by the Coronavirus progress, industry observers and analysts expect more shoppers to spend less time in stores and more time buying items online, even after this time of crisis.
Supply chains are becoming increasingly complex. Making sense of the complexities is often manual, time-consuming, and iterative. But it doesn’t have to be.
One industry seems to be thriving as the novel coronavirus, COVID-19, spreads across the world: the hygiene industry. Products like toilet paper have seen dramatic jumps in demand since the virus hit.
Instagram didn’t create or change any product themselves, but the platform did foster a consumer culture in which supply chains must be more adaptive than ever before to keep up with viral trends.
With the term “fast fashion” evolving ever so quickly, fashion enthusiasts are constantly staying one step ahead before the newest and hottest trend comes along.
It is in every company’s best interest to be ready if they were to be affected by internet-breaking campaigns or risk losing these battles to competitors.
At Vanguard Software, we talk about integrating and automating supply chains on the digital front, namely through advanced analytics and automated planning.
Manufacturers must work hard to meet customer demand while managing production capacity.
Many supply chains based in Wuhan, China and the surrounding areas are grinding to a halt in the midst of coronavirus concerns.
Our team has run into plenty of misconceptions about forecasting
How This Advanced Technique Will Improve Supply Chain Decision-Making and Risk Management
How to properly manage new product launches in a highly ambitious organization.
Advanced analytics paired with a user interface designed for decision-making ensures usable, actionable insights are brought to the forefront of planning discussions.
Demand and Supply Chain Management Consider How Plans Absorb Risk When Forecast Error is Potentially High
Improve the resilience of business plans using statistical confidence intervals.
The major reason for S&OP processes to fail is simple – the demand side of the organization just ignores it.
A Practical Guide to Supply Chain Planning Maturity
Can we trust AI-enabled automation to handle business decisions in highly complex supply chain environments?
Sometimes variability in exhibits a trend or pattern and sometimes it is just “noise.” In the absence of real patterns, the best forecast is a straight line.
A forecast is considered a good fit if it captures all patterns and trends, while excluding random noise.
Three ways to model new product releases for better forecasting, planning and performance
How supply chains can brace for uncertain futures by pushing range-based forecasts through the entire planning process
Subscribe to our blog
Never miss industry news, technical information, or thought leadership articles.