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Monday, January 25, 2010

How can I get started?

To optimize their supply chains, many companies begin by:
  • Integrating time-phased demand planning practices into merchandising planning processes.
  • Accurately predicting not only the “how much” but also the "why".
  • Developing a holistic models that consider all the drivers of market demand.
  • Improving their forecast accuracy.
  • Utilizing advanced Demand Classification techniques to auto pick the best forecast algorithms and also auto tune the forecast parameters for planner productivity.
  • Managing seasonality, new product introductions, and understand the impact from promotions and events. They optimize their safety stocks and reorder points to reduce inventory and then collaborate with trading partners through a web portal.
  • Running S&OP processes with an executive dashboard, enabling demand/supply balancing, what-if scenarios and financial impact analysis.
  • Managing transportation costs and tracking shipments worldwide.
  • And, much more.