Why new product demand forecasting is challenging Walk into any Target and head to the shampoo aisle. You’ll find at least 75 choices: new ingredients, unique scents, hair-type formulas, and everything in between. Today’s consumers expect variety. Not just more choices, but new ones, driven by personal preferences, seasonal trends, and whatever’s popular on social...
For years, companies walked a high-wire act, carefully balancing efficiency and cost. But then the global pandemic sent a storm with high winds, shaking the wire and sending businesses scrambling to regain their footing. The global Covid-19 pandemic redefined the way businesses think about supply chain management, exposing vulnerabilities and pushing systems to their limits....
Shadow planning combats supply chain uncertainty In today’s volatile global supply chain environment, disruptions are not only possible—they’re inevitable. From global pandemics and natural disasters to sudden demand fluctuations and supplier issues, brand owners face constant challenges that threaten production continuity, customer satisfaction, and profitability. To combat this uncertainty, more companies are turning to shadow...
Update: As of October 4, 2024, the ILA and USMX have, for now, come to an agreement, it doesn't mean that supply chain leaders should stop preparing for other future disruptions such as this. Thousands of dockworkers along the East and Gulf coasts began a historic strike just after midnight on October 1, 2024. This...
The Federal Reserve adjusts interest rates to manage the U.S. economy. When the Fed raises rates, it aims to cool down an overheating economy, curb excessive inflation, and prevent unsustainable bubbles from forming. Conversely, when the Fed cuts rates, it essentially makes borrowing cheaper, encouraging businesses and consumers to spend and invest more. This increased...
What is supply chain planning software? Supply chain planning (SCP) software is a robust platform that empowers companies to seamlessly manage, connect, align, collaborate, and share planning data across their extended supply chains. It typically encompasses a wide range of planning activities, from demand forecasting to detailed supply-side response planning and from strategic planning to...
People often yearn for their past selves, not just a time and place. Numerous events in human history have had such a profound impact that life will never be the same because of them. The slave trade between the 16th and 19th centuries led to devastating social and economic effects on many parts of the...
It’s that time again – time for the brightest thinkers in the supply chain industry to converge for Connect Europe 2024. In the past, we’ve visited some great cities, learned about some exciting new trends and strategies, and seen old friends (and made a few new ones). This year will be no different. We’ve got...
As the head of the product marketing team at e2open, I have the pleasure of collaborating with a fantastic group of subject matter experts. I want you to imagine we’re all fishing on the lake together, and someone asks the group a question. Each will provide their own view from their area of expertise –...
Recently, Adrian Gonzalez of Talking Logistics sat down with e2open's Mehmet Demirci to learn more about why companies are becoming more supply driven, and what the difference is between forecasting and sensing, and how AI plays a role. Here’s an excerpt from their conversation: What’s the difference between forecasting and sensing? Adrian Gonzalez: These days,...
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