White Paper: NexInfo Solutions, Inc
Why should companies have an effective process for Demand Management?
Organizations are in a competition of applying new technologies and analytics to make their supply chains more efficient, reduce inventory, and improve customer satisfaction while improving profitability. This implies the need to have an effective process for demand management.
What is demand management? Why is there a need for demand management in supply chain?
Demand management processes help organizations gather valuable insight, agility, and improve the ability to plan and forecast while increasing visibility into customer demands.
Demand management helps companies improve inventory levels, enhance customer service, optimize trade and promotion planning, and enhance inventory planning.
Demand Management is far more robust than developing a demand forecast or sales forecast.
Improper demand forecasting results in more supply chain costs and low margins.
Download this whitepaper to learn more about Demand management processes and how NexInfo Solutions has come up with the ‘NexGen Methodology’ that targets the success of demand planning, Sales & operations planning projects.
By: NexInfo Solutions, Inc
Project-Driven Supply Chain planning enables organizations to develop a single planning and execution strategy that enhances the accuracy of decision making and reduce the communication gap while working on the modern Supply Chain Management (SCM) tools. The adaptation and deployment of project driven supply chain planning & processes can help companies to achieve business objectives and give How to improve project delivery in supply chain management? What are the base process designs and solutions for all project driven supply chains? How to build forecast and develop profitability from Sales & Operations Planning? This whitepaper illustrates how project driven companies can benefit from the adoption of supply chain planning process. Project driven supply chain planning delivers real time benefits like: Improve supply chain delivery performance and improve project delivery in terms of both schedule and quality. To improve project delivery schedules and make costs more predictable. To improve margins by securing scarce material and resources early and allows to hedge against market fluctuations. Improving overall customer satisfaction and increases profitability.
By: NexInfo Solutions, Inc
Importance of an Effective Sales and Operations Planning (S&OP) Process in Supply Chain: Companies that have adopted Sales and Operations Planning (S&OP) processes are gaining the visibility and agility to improve supply and demand matching, promotional planning, and product management. What is the need of Sales and Operations Planning(S&OP) in Supply Chain Management? S&OP helps companies achieve lower inventory costs while improving inventory visibility and reduces operational costs all while leading to a higher operating margin. Sales and operations planning process addresses key business pressures faced by the company such as-High inventory levels,Poor forecast accuracy with a bias to over forecast. This whitepaper outlines some of the key success criteria while implementing Sales & Operations Planning in Supply Chain and sees into: Basics of S&OP in supply chain organizations. How Sales & Operations Planning Works in supply chain management and how its benefits can be reaped? An overview of a robust and established methodology that ensures the success of the Sales & Operations Planning. How to incorporate emerging best practices for Sales & Operations Planning in supply chain industry
What is Digital Transformation ?
Digital transformation is the noteworthy and accelerating transformation of procedures, activities and foundational components of a business leveraging its operating model to its infrastructure with the application of digital technology across society in a strategic and prioritized way.
What is Digitalization ?
Digitalization is the mixing of virtual technologies with cutting edge progresses into everyday lifestyles through the digitization of everything that can be digitized. Digitalization is not quite the same as digitization. According to Gartner, “Digitization is the process of changing from analog to digital form.”
What is Digital Supply Chain ?
The digital supply chain is a process of networking between individuals and organizations involved in a business deal that is initiated in a paperless environment, using web-enabled capabilities. Whereas a supply chain is the simple networking between all individuals, organization, and activities involved in a business process from the manufacturer to the end user. Precisely a supply chain is a set of two or more individuals or organizations directly involved in selling or buying services