New product forecasting is one of the toughest demand management challenges, especially for the 15 to 20 percent of product launches that are "revolutionary." Charlie Chase, advisory industry consultant at SAS, explains how advances in technology are improving this process.
Andrea Atwell, vice president of L'Oreal, is passionate about the value that a successful demand planning team can bring to an organization. She talks about recruitment, retention and the impact demand planners have on an organization.
The technology surrounding point-of-sale data has improved tremendously in recent years and companies are making much better use of this information, says Tina Lalor, senior business consultant with John Galt Solutions.
Wireless broadband, with signals capable of passing through trees and buildings, is providing companies with a new means of reaching the "last mile" of their communications infrastructure, according to Barlow Keener, principal of the Keener Law Group.
The overall shortage of supply chain talent is particularly critical in demand management, says Jason Breault of LifeWork Search. He explains reasons and remedies.
Speed, Efficiency, Optimization. For many companies, actualizing this powerful trio can seem more like a dream than a concrete, achievable supply-chain goal. There are ways to realize all three, and the evolving excellence of supply chain technology is providing more and more opportunity to do so. Enter Big Calculations: the act of optimizing your business in real time, to create fast and efficient results.
Five years from now, the global work environment will look a lot different than it does today. But many companies aren't prepared to deal with the change.
Studies document that innovation in engineering and production works best when the two disciplines are contiguous. Pairing the two was problematic for one company until an online marketplace came to the rescue.