DecisionBrain’s Post

Most companies have intermittent demand when analyzed on a daily granularity. The solution is to master complete demand behavior; variability, frequency, and order line size distributions. Mastering lumpy demand involves accurately and reliably modeling both head and tail demand seamlessly. This must be done without taking convenient shortcuts, which will simplify the problem and lead to inaccurate models and erroneous decisions. By adopting a “no-shortcuts” approach, the primary benefit will be increased precision (both demand and inventory) and user confidence. This will minimize manual overrides and eliminate the bullwhip effect in the supply chain. By mastering the full probability distributions of demand and inventory across various behaviors, you supply chains can achieve unprecedented efficiency and service level excellence in a world full of lumpy demand. #SupplyChain #DemandPlanning #InventoryManagement #LumpyDemand #Forecasting #SupplyChainEfficiency #PrecisionPlanning #BullwhipEffect #DemandVariability #SupplyChainOptimization https://lnkd.in/gKmiUeDf

Smarts and how to manage supply & demand 🤣

Effectively managing supply and demand is an essential skill that influences market position, profitability, and long-term viability. Dive into how to achieve balance here. ⚖️https://bit.ly/4eaywBF #SupplyChainManagement #DemandPlanning #InventoryOptimization

Stop overstocking on buffer inventory. A static buffer management approach ties up working capital and risks making your products obsolete. Instead, switch to dynamic buffer management. Adjust your buffer inventory based on real-time supply and demand data to stay efficient. Learn more: https://hubs.li/Q02KVPj00 #inventorymanagement #supplychaininventory #warehousemanagement #supplychainsoftware #throughput

Effectively managing supply and demand is an essential skill that influences market position, profitability, and long-term viability. Dive into how to achieve balance here. ⚖️https://bit.ly/4eaywBF #SupplyChainManagement #DemandPlanning #InventoryOptimization

An accurate demand forecast not only helps align supply with market needs but also enables organizations to respond quickly to fluctuations in demand, minimizing the risk of stockouts and overstock situations. We put together some best practices in our new blog, Demand Planning Best Practices: Practical Advice for Harmonizing Demand and Supply. https://lnkd.in/eS3XirRC

Overstocking can make or break your supply chain efficiency. Our latest blog outlines strategic solutions to this common issue. A perfect read for supply chain professionals. https://lnkd.in/d_begNwk #SupplyChainManagement

Demand and supply concept with easy and practical examples…

Are your inventory decisions keeping up with real-time demand fluctuations? Traditional optimization might not be enough to stay ahead in a dynamic market. Sequential decision-making offers a better way, allowing you to continuously adapt and find smarter policies as new data comes in. By responding to changes as they happen, you minimize excess stock, avoid costly shortages, and maximize profitability. It’s the key to resilient, data-driven inventory management in an unpredictable world. For more insights like this, follow me! #OperationsResearch #Optimization #Simulation

Planners must determine how best to meet demand while considering the available assets, the production and distribution network, and business policies. Our supply planning solutions enable you to strike the right balance between assets and demand - every time. Learn more: https://bit.ly/3UR6Tqs #SupplyPlanning #SupplyChain #SupplyChainPlanning