Companies need to be able to forecast demand accurately to avoid unnecessary losses. But strangely, there is no hard-and-fast method for doing this. It all depends on the level at which you treat the data. Going High And Low Traditionally, companies broke down forecasting into two different paradigms: bottom-up or top-down. The bottom-up approach starts…
Supply Chain Precision have developed their digital platform further, adding another time-saving tool for effective expense management. Expense fraud costs the UK £2billion a year, and Supply Chain Precision are putting steps in place to ensure that their clients do not make up this statistic. A trading arm of Demand Solutions (Europe) Limited, Supply Chain…
Why do I often hear demand planners’ fear of KPIs? I have seen reluctance in employing KPIs for forecast accuracy over the years for many reasons. Some consider it a stick to beat the planners with. A similar comment I hear is: everyone knows how good/bad the forecasts are, so why bother measuring them? At previous…
The UK’s transition following its departure from the EU ends on December 31st. Morpheus.Network can help your business thrive through the tough times. Whether we end up with a trade deal or no trade deal, Evidence from our friends in Canada, USA and Mexico have demonstrated that Morpheus can address the documentation driven challenge that…
Supply Chain Precision, a trading arm of Demand Solutions (Europe) Limited, is delighted to announce a new partnership to extend the Morpheus. Network to Europe. Supply Chain Precision (SCP) is thrilled to join forces with Morpheus. Network. A leading global provider of the Demand Solutions DS Supply Chain Planning Platform, Demand Solutions (Europe) Limited offers…
Discover how the capable to promise paradigm is yielding to profitable to promise, and how it could improve your financials. Picture the scene – your top sales manager gets news of some new business. It’s a little below your usual profit margin, but the deal could be good for the company. However, fulfilling it would…
Businesses of all sizes have been affected by the current pandemic. The difference between those who will thrive during this time and those who will not often depends upon the level of insight they have of their own business and the environment within which they operate. But in the current climate, what can we learn…
Find out where your business is on the supply chain maturity curve. Discover how you can move up it and improve your business KPIs and efficiency. Manufacture and wholesalers wanting to develop real business intelligence, need to understand their current level of supply chain maturity so that they can improve their resilience and bolster long-term…
Disruption RX is a complimentary virtual summit designed to help you rebound from unplanned shocks to your digital supply chain and seize new opportunities. Logility, Demand Solutions, and NGC customers, industry experts and thought leaders will come together to collaborate around how businesses can run smarter and faster with our innovative technology driving growth and…
Learn how digital platforms are allowing supply chain businesses to better weather the storm, facilitating better planning, forecasting and performance. When the coronavirus pandemic first hit China at the start of 2020, commentators immediately saw the danger it posed to supply chains. The combination of changing patterns of demand, delayed shipments, and factory closures all…
