by Vanguard Software | May 29, 2019 | Demand Planning, Supply Chain
In the past, supply chain management (SCM) relied on formulaic methods and processes. However, things have changed. SCM has to contend with globalization of businesses and consumers, demand fluctuations, complexity of sales channels and markets, and growing...
by Vanguard Software | May 24, 2019 | Supply Chain, Demand Planning, Demand Sensing
Nothing can be more crippling to a company than a lack or overabundance of inventory. If you understand how demand fluctuates, you can optimize your inventory and stabilize your costs. When you underestimate demand for a product, you can lose out on potential sales....
by Vanguard Software | May 22, 2019 | Demand Planning, Supply Chain
One in five American adults visits the emergency room at least once every 12 months, according to research. That means tens of millions of people check into hospitals across the United States every year. For emergency room administrative staff, who are already...
by Vanguard Software | May 16, 2019 | Supply Chain, Demand Planning, News
Companies launch 30,000 new consumer products every year in the United States — and shockingly, 95 percent of these products fail. In many cases, customers just didn’t take to the product. But, for others, it was the product launch that went wrong — the...
by Vanguard Software | May 1, 2019 | Demand Planning, Supply Chain, Supply Planning
Millions of companies use supply chain planning, but many of them are doing it all wrong. As a result, they are wasting cash they could spend on other business tasks. What’s the solution? Adopt a more functional approach to supply chain planning that takes into...
by Vanguard Software | Apr 17, 2019 | Demand Planning, Supply Chain
Demand forecasting is an important part of supply chain management and has a significant role in synchronized planning and reducing the bullwhip effect. There are two predominant methods of demand forecasting–deterministic and probabilistic. Deterministic...
