Focus on Innovating to Create Superior Value For Chosen Customers – Joan Magrette, Stop Competing to Be the Best, 30 Nov 2011 You know the phrase “marching to the beat of a different drummer” is a way of saying someone isn’t following the status quo and is standing out from the crowd. It’s …
Demand Forecasting Insights:
You know WHY reducing forecast error is important – accuracy is directly linked to corporate profitability. But how do you know WHEN you should look into new forecasting technology? After listening to our customers and numerous conversations with CPG, distribution and manufacturing companies, here are 6 Indicators it’s time to look at new demand forecasting …
Rewind to just a few days ago – January 19, 2012. “Housing Starts Rise 4.4%,” reported National Mortgage Professional magazine. Meanwhile, Bloomberg takes a different stance reporting “U.S. Housing Starts Drop 4.1%, Worse Than Forecast.“ When you dig deeper into the articles you’ll find each of sources were actually reporting on the same data but with the sensationalist headline …
Denver,CO – (January 26, 2012) – Demand Foresight today announced a Sales and Operations Planning software platform for midsize manufacturers, distributors and consumer packaged goods companies to build and mature their supply chain and S&OP processes while reducing forecast error by 25%. The Platform for Growth is built to give growing companies the flexibility and …
Your company is growing this year. Or at least, that’s the goal, right? Supply Chain 101 says whether you’re growing organically, by entering new markets, releasing new products or acquiring new companies, you must accurately predict demand in order to create a supply chain that will support your strategy and organization . The last thing …
In response to: “How Manufacturing Software Should Adapt to Support Lean Principles” by Derek Singleton ERP Analyst, Software Advice December 16, 2011 http://blog.softwareadvice.com/articles/manufacturing/how-manufacturing-software-should-adapt-to-support-lean-principles-1121511/. Nice position article; we appreciate thoughtful discussion on issues critical to optimizing value chain effectiveness and profitability. I think productivity is even critical today given current competitive and regulatory environments. That said, I …
I think we are going to continue our new years theme and focus on the possibilities. I am pretty sure you didn’t toast in the New Year last Saturday night with jaded apathy. Far likelier you thought of the vast accomplishments on the horizon in 2012 for your personal life, your health and your career. …
As we get ready to start what is sure to be an outstanding 2012, one of the keys to sustained success will be getting back to and focusing on the basics. One of the basics is clarity and use of language to highlight what is really important. For example, there are a lot of words …
Demand Foresight would like to congratulate Barry Andrews, CEO of Andrews Distributing, on his induction into the Texas Business Hall of Fame. Great work Barry. We look forward to continuing our proud partnership in creating future profits with Andrews. Full article here: http://www.caller.com/news/2011/nov/15/andrews-local-beer-distributor-ceo-is-2011-texas/
Supply Chain Process Redesign When approached without a clear understanding of the technological possibilities and a relevant examination of the organizational structure and policies (i.e pay) supporting it, Business Process Redesign is a complete waste of time. In fact, I will go so far as to argue it is a destruction of shareholder value to …