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  Considering External Data in Demand Planning When you make business decisions, you are almost always looking forward. You’re thinking about the future. This means you’re thinking about forecasting and planning. And what this really all means, is that you are thinking about demand. When you make critical decisions around demand, you need information from …

The guarantee was an explicit one – with no wiggle room. Clients would measurably improve their business performance — in our instance, a 25 percent minimum reduction in absolute forecast error — or we wouldn’t get paid. Not a dime.

It could have been a disaster, but taking this leap of faith actually did incredible things for our organizational focus – and ultimately helped cement our culture and internally align all divisions of the company.

The cloud, while capable of wonderful things, isn’t quite ready for the mass amounts of data that intensive, mission-critical computing functions like supply chain management will require.

Gene Tanski of Demand Foresight discusses how the one-vendor ERP strategy adopted by many IT departments isn’t a business strategy at all — and actually sets a company up for poorer business performance.

How do you generate a constant stream of creative, fantastic, bizarre, untethered ideas and distill those ideas into actionable, executable building blocks for competitive advantage? Gene Tanksi, CEO of Demand Foresight, discusses how a young team member posed a challenge to the company that resulted in a transformational moment. Based in Golden, Colorado, Demand Foresight’s demand planning and forecasting software increases profitability and supply chain performance for manufacturers and distributors by guaranteeing a 25% reduction in forecasting error.

Many use the terms “demand planning,” “demand forecasting” and “demand management” as if they’re interchangeable, but they’re not. Gene Tanski of Demand Foresight lays out some critical differences between the three terms.

A study shows 75% of ERP implementations leave disgruntled clients. Gene Tanski of Foresight Technologies discusses a promise he makes for his demand forecasting software clients — one he’s challenging any ERP vendor to make.