Sat.Feb 11, 2017 - Fri.Feb 17, 2017

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Update on Forecasting vs. Demand Planning

Supply Chain Action Blog

Often, the terms, “forecasting” and “demand planning”, are used interchangeably. . The fact that one concept is a subset of the other obscures the resulting confusion. . Forecasting is the process of mathematically predicting a future event. As a component of demand planning, forecasting is necessary, but not sufficient. Demand planning is that process by which a business anticipates market requirements. .

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Most Popular Posts of 2016

The Network Effect

Here’s a quick run down of our most popular posts of 2016, starting with #10 and counting down to #6. The post Most Popular Posts of 2016 appeared first on The Network Effect.

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Characteristics of Supply Chain Leaders vs. Laggards

Supply Chain Collaborator

What are the specific characteristics propelling some shippers into industry leaders while others continue to lag? Hint: it involves finding logistics IT providers whose products and services are committed to driving value beyond the confines of their perceived roles. A majority of shippers use transportation logistics automation tools like TMS, route optimizers, YMS, WMS, fleet management and freight payment & audit solutions.

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Most Popular Posts of 2016

The Network Effect

In Most Popular Posts of 2016 Part 1 we counted down the top read articles of 2016 from number 10. The post Most Popular Posts of 2016 appeared first on The Network Effect.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Forecasting vs. Demand Planning

Supply Chain Action Blog

Often, the terms, “forecasting” and “demand planning”, are used interchangeably. . The fact that one concept is a subset of the other obscures the distinction. . Forecasting is the process of mathematically predicting a future event. As a component of demand planning, forecasting is necessary, but not sufficient. Demand planning is that process by which a business anticipates market requirements. .