Profiles Vendors showcased in the book “Inventory Optimization and Multi Echelon Software.” ToolsGroup ToolsGroup offers unique probability-based supply chain planning (SCP) and inventory optimization solutions that allow companies to master even large, heterogeneous, or demanding supply chains. On the demand side, they incorporate best-of-breed demand modeling, order frequency forecasting, and demand–sensing technology. On the supply…
Profiles The following vendors are showcased in the Brightwork Research & Analysis book on forecasting. Demand Works Demand Works is a best-of-breed demand and supply-planning vendor that emphasizes flexible and easy-to-configure solutions. This book only focuses on the supply planning functionality within their Smoothie product, which includes MRP and DRP. https://www.demandworks.com JDA JDA was started…
Executive Summary Historical adjustment is necessary to produce a forecast that matches with the desired adjustments. We cover historical adjustment in SAP DP and Demand Works Smoothie. Introduction Forecasting is not performed upon exactly what happened in the past. This is because companies are constantly in flux with regards to their products, and therefore some…
Executive Summary Forecast bias is distinct from forecast error and is one of the most important keys to improving forecast accuracy. Reducing bias means reducing the forecast input from biased sources. A test case study of how bias was accounted for at the UK Department of Transportation. *This article has been significantly updated as of…
Bill of Materials in Excel, Planning, ERP and PLM/BMMS Software Screenshots and examples from Arena Solutions, PlanetTogether, SAP, and Demand Works. What the Book is About The ability to manage BOM information has never been more exceptional. However, the vast majority of companies are missing out on this opportunity! Focusing on a significant area of weakness at most…
Supply Chain Forecasting Software Screenshots and examples from ToolsGroup, Demand Works, Consensus Point, Right90, and Inkling Markets. What the Book is About This book explains the essential aspects of supply chain forecasting. The book is designed to allow the reader to get more out of their current forecasting system, as well as explain some of…
Executive Summary The State of Master Data in Supply Chain Planning Systems. What Approach has Tended to Work Versus those that Have not Worked? Why There are So Many Opportunities to Improve Master Data in Supply Chain Planning Systems. Introduction The state of master data concerning supply chain planning systems offers a continual opportunity for…
Inventory Optimization and Multi-Echelon Planning Software Screenshots and examples from MCA Solutions/Servigistics, ToolsGroup, Logility, and SmartOps. What The Book Covers This book explains the emerging technology of inventory optimization and multi-echelon (MEIO) supply planning. It takes a complex subject and effectively communicates what MEIO is about in plain English terms. This is the only book…
Supply Planning with MRP, DRP and APS Software Screenshots and examples from JDA, SAP, Demand Works and Barloworld, PlanetTogether, and MATLAB (PlanetTogether is not a supply planning system, but is used in the book to demonstrate heuristic adjusted optimization. MATLAB is used to illustrate the use of an external optimizer.) Reviews “Enterprise software solutions for…
Executive Summary Areas that roll into forecast accuracy should be separately measured. Forecast errors can be used to provide a direction for improvement. Video Introduction: Forecast Improvement Estimation Text Introduction (Skip if You Watched the Video) There is a lot of poor quality advice on how to improve forecast accuracy. For example, software vendors tend…