#Supply Chain Management Software

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Value Chain Planning — Supply Chain Planning Consultants

Valtitude / Demand Planning LLC specializes in helping businesses improve their planning across their Value Chain.  We provide consulting services and solutions implementation in Demand Planning, Integrated Business Planning (IBP), S&OP and Supply Chain Optimization. 

Value Chain Planning involves a larger focus on planning across the entire value chain that includes the customers as well as suppliers - a collaboration with your customers could take the form of CPFR - Collaborative Planning Forecasting and Replenishment. 

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Demand Planning -Collaborative Planning

In the manufacturer-to-retailer model, customer collaborative partnerships have been a dominant theme since the 1990s. Although there was a lot of energy behind CPFR, manufacturers and retailers are adopting different versions of collaborative forecasting and replenishment strategies now. These include Collaborative-VMI, CPFR, Account Based Forecasting, CMI, Shared Single Forecast, replenishment, etc.

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Demand Planning -ABF collaboration Model

The ABF collaboration Model leverages consumption and inventory data from the customer and uses a statistical engine to come up with customer-level demand forecasts. The major advantage of the ABF process is it enables flexible supply chain planning because of the visibility of customer-level demand.

If you would like to find out more details on facilitating or developing an account based forecasting process,

Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

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Demand Planning -Vendor Managed Inventory

The Definition

Vendor Managed Inventory is a program in which: the supplier generates the customer’s order, based on shared information on customer demand and inventory and upon mutually agreed conditions.

Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

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Demand Planning -Integrated supply chain planning

Integrated supply chain planning starts with a plan for customer demand, which then gets translated into a production and manufacturing plan, complemented by effective inventory management, and network optimization for improved supply chain efficiencies in the long run.

Traditional supply chains are driven by a halo mentality where one function receives information from another and reacts with goods and service transfers or with more information. However, collaborative supply chains work on the basis of collective inputs from various supply chain participants including even the customer (CPFR) and the vendor (Comanaged Inventory, VMI, or Supplier Managed inventory).

Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

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Demand Planning — Supply Chain Collaboration

Appreciate the importance of supply chain collaboration

Quantify the benefits of internal & external supply chain collaboration

Set up a collaboration process with your trading partners

Utilize the various collaboration methods & understand the pros and cons of each

Understand the key building blocks & challenges in creating a collaborative value chain

Calculate, Use & Interpret collaboration metrics & the partner collaboration scorecard

Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

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https://demandplanning.net/supply-chain-collaboration/

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Demand Planning — Forecast Performance Metrics

Mean Absolute Percent Error

Forecast Bias

What do we learn from forecast errors?

Introduction to Exceptions Management

Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

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https://demandplanning.net/demand-forecasting-training-workshop/

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Demand Planning — Different methodologies

VMI, CMI, CPFR, and ABF are the different methodologies available for the manufacturer to collaborate with the customer. Which method to choose depends on the customer, the data availability, the systems infrastructure as well as the information needs of the collaboration process. These processes may be mapped out in a continuum of increasing complexity and benefits.

We can help you optimize these considerations and choose the right model of collaborative relationships.

Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

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Demand Planning — VMI & CMI 

(Vendor Managed Inventory) are the process of managing the customer inventory and replenishing their stores and warehouses so optimal inventory is kept in the customer supply chain. The objective is to minimize stock-outs and costly production stoppages. The Co-managed Inventory Process is similar but more popular in the Manufacturer to Retailer model.

Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

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https://demandplanning.net/planning/

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Demand Planning — Definition of Forecast Error

Forecast Error is the deviation of the Actual from the forecasted quantity.

Error = absolute value of {(Actual – Forecast) = |(A – F)|

Error (%) = |(A – F)|/A

We take absolute values because the magnitude of the error is more important than the direction of the error.

Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

To know More, Visit Us:

https://demandplanning.net/

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Value Chain Planning -Improved demand information to help the supply chain

A small effort on the demand side will result in tremendous benefits and improved demand information to help the supply chain. Even if the demand is highly uncertain, you can install a demand management process that will link itself to the retail or the final customer demand to help determine the order forecast for the lead time.

Yes, it is true you can achieve a 99% or more customer service level by keeping extremely high levels of inventory, especially if you are in the dark about your demand forecasts. Or, if the organization has no idea how customer demand is generated.

Valtitude formerly known as Demand Planning LLC provides specialized consulting for Demand Planning, S&OP, Sales Forecasting, and Supply Chain Optimization.

Our consulting expertise includes Operations Forecasting & Planning, Strategic Forecasting, Financial Planning & Budgeting, Inventory Optimization, Production Planning, and Detailed Scheduling.

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Value Chain Planning -Product Portfolio Management-Why we need to create segmentation?

This helps planners with planning priorities and brining attention of other stakeholders into consensus process. For an advanced demand planning team, segmentation helps to define the statistical modeling strategy e.g. for high volume products we can go with a custom advanced stat model for low volume a simple exponential would be a good starting point.

Valtitude formerly known as Demand Planning LLC provides specialized consulting for Demand Planning, S&OP, Sales Forecasting, and Supply Chain Optimization.

Our consulting expertise includes Operations Forecasting & Planning, Strategic Forecasting, Financial Planning & Budgeting, Inventory Optimization, Production Planning, and Detailed Scheduling.

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Value Chain Planning -Dashboards

Companies have been using dashboards for a long time - but most are manual and driven by a multitude of Excel spreadsheets.  We help you build insightful and interactive dashboards with our Planvida Cloud Analytics. Planvida is hosted on the cloud and comes with pre-configured dashboards for

Demand Analytics - Forecast Accuracy, MAPE, and Bias  

SCM Metrics and Analytics - Fill Rates, OTIF, Delivery metrics, Inventory Days on Hand, Schedule Adherence

Inventory Analytics - Safety Stock calculations, Inventory Targets, Obsolescence

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Demand Planning -Integrated approach

Using this integrated approach, the output is a Bottom-up National forecast for each SKU. The National Forecast can be planned as two demand clusters: Key Customer Demand and Other Demand.

Sum of Key Customers Collaborated Forecasts ( through the C-ABF process) + The “All Other” demand forecast (statistically modeled)

Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

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Demand Planning -VMI and CMI – The Challenge

The traditional continuous replenishment process (CRP) activity does not truly generate a demand plan that can be integrated into the manufacturer’s Supply Chain for production planning purposes.

Too tactical and short-term oriented and typically focuses on the next two to four weeks.

More emphasis on order placement and replenishment based on near-term activity

Although VMI and CMI are constrained by criticisms of short-term focus and being too tactical, in practice they have been very popular because of their low cost to implement. The key is to leverage the low-cost implementation while driving consensus and collaboration and bringing the focus on promotional planning and management.

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Demand Planning -Value Chain Performance

Integration of Retail intelligence into the supply chain process

Customer’s internal order creation process

Promotional dynamics

Inventory dynamics

Creation of the order forecast using customer POS and inventory

Demand Planning Net specializes in helping businesses improve their planning across their Value Chain. We provide consulting services and solutions implementation for Demand Planning, Integrated Business Planning (IBP), Sales and Operations Planning (S&OP), and Supply Chain Optimization.

To know More, Visit Us: