Analyst Insight: This software market, like most, took a hit in 2009, but we still like its long-term growth potential. We continue to see companies adopting service parts management software successfully, saving millions of dollars in inventory costs.
Analyst Insight: Economic volatility has been the cause for the majority of supply chain disruptions in 2008-2009, forcing companies to put an increased emphasis on supply chain management. In today's multi-enterprise demand-supply networks, process collaboration, closed-loop integration between planning and execution, and enhanced focus on intelligence and performance management become key to success.
Analyst Insight: The recent economic turmoil has pulled into sharp focus the issue of how to manage increasingly volatile supply chains. Through late 2008 and 2009, many companies simply panicked and aggressively cut both production and productive assets. These companies are beginning to pay for those aggressive cuts as demand is now starting to increase -- straining diminished capabilities. For 2010, we offer guidance on how companies can get supply chains back in balance and get sales and operations planning right.
Analyst Insight: The life sciences industry is realizing significant supply chain and operational benefits by driving even modest increases in demand forecast accuracy. Companies included in a recent AMR Research study pointed to improved demand management processes as the number one reason for this increased supply chain visibility. And the benefits don't stop there!
Analyst Insight: The industrial economy has been replaced by the information economy. For high-tech supply chains battling the recession and focusing on demand-driven strategies, it's the customer that has undergone the most dramatic transformation. Selling, fulfilling and servicing these customers will require new supply chain designs.
Analyst Insight: As of 2010, the traditional relationship between supply chain and business is in full revolution, and global supply chain management has become more important than ever. The roles of supply chain and manufacturing within organizations continue to evolve, making it clear that manufacturing should be reporting to supply chain, instead of the other way around.
Analyst Insight: No one could miss the continued consolidation of supply chain planning applications in the last few years. In spite of the more traditional player consolidations, new firms and new approaches have emerged that have caught buyers' eyes, from demand creation and merchandising planning to richer analytic engines to help fine-tune forecasting accuracy, as well as on-demand delivery platforms for these solutions.
Analyst Insight: Companies no longer have the luxury of being able to expend significant resources to have a multi-phased demand management process and technology roll-out. They need to be laser-focused on the right mix of processes and tools suitable to their unique environment. The two key determinants are: type of supply chain and the planning window.
The latest news, analysis, trends and solutions regarding forecasting and demand planning and its impact on supply chain management. New technologies in predictive analytics and forecasting and demand planning are transforming the way companies are operating and performing ahead of competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using forecasting and demand planning solutions for supply chain optimization.
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