Sales Forecasting, Honesty is the best Policy?
Were you ever told as a child, "Honesty is the best policy?" My mother lived by this rule, "Always tell the truth! No exceptions!" she would say. But of course, she…
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Were you ever told as a child, "Honesty is the best policy?" My mother lived by this rule, "Always tell the truth! No exceptions!" she would say. But of course, she…
Just as the chords and scales remain the same across all types of music, the basic chords and scales of the supply chain never change either. You have to learn…
In manufacturing, it’s essential to have the right tool for the right job. Imagine a plumber without a pipe wrench during a critical break. Or think of an electrician without…
Production planning, inventory optimization, capacity planning, and distribution. Many companies invest significant time, energy, and training into these systems and turn a considerable portion of their production over to them.…
Forecasting Vs Demand Planning Companies use a variety of tools to predict where their business currently is and where it is headed. By “reading the tea leaves”, planners attempt to…
From one perspective, there is very little difference between “sales and operations planning (S&OP)” and “sales, inventory, and operations planning (SIOP)” because the overall objective is the same for both:…
Here at DemandCaster, we use Excel every day. In fact, the original version of DemandCaster was built using Excel and a number of advanced Excel tricks. All DemandCaster reports are defaulted…
END USER TERMS OF SERVICE DemandCaster is a business unit of Plex Systems, Inc. Last Update: March 1, 2022 BY ACCEPTING THIS AGREEMENT, EITHER BY CLICKING A BOX INDICATING YOUR…
Tampering is concept that W. Edwards Deming popularized and used often in his lectures. It is an important and yet subtle concept that many Supply Chain professionals and general managers…
Many companies cite “inventory optimization” as a goal. And with the digital tools available today, companies can manage their inventories better than ever with cutting edge inventory planning software such…