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How should we leverage Demand Sensing for Supply Chain agility?

The main purpose of Demand Sensing is to alert us at the earliest about changes in demand patterns. Technically, it is called reduction in Demand Latency. If demand shifts, how soon do we detect it?

However, Demand Sensing by itself doesn’t improve agility. We need to leverage it to tweak supply plans on the go, which is nothing but reducing Planning Latency. How do we do it?

If your supply chain is based on Replenishment principles, we must use Demand Sensing intelligence to refresh various inventory buffers in a dynamic manner. That’s all we need to derive various supply actions – distribution, production, procurement.

Dynamic inventory buffers are at the heart of Agile Supply Chains.

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Does Nature Buffer All Our Critical Requirements?

Does Nature Keep Inventory Buffers?

Convergence And Divergence Points Serve As Good Nodes For Inventory Buffer

Inventory Nodes In The Distribution Network Should Be Properly Defined To Get Agility Benefits

Inventory Compensates For Our Agility Gap

Frequency Of Execution Planning Is A Key Determinant Of Supply Chain Agility

Concept Of ‘Month’ Is Detrimental To Supply Chain Performance

‘Future Ready’ Initiatives Often Fail To Deliver The Intended Benefits

Focus On Functional Excellence Often Leads To Supply Chain Underperformance

‘Stockouts And Obsolescence Are Caused By Poor Forecast Accuracy’ Is An Erroneous Assumption

Erroneous Assumptions Can Make Your Supply Chain Look Very Complex

Supply Chain Transformation Is An Art

How Should We Implement Large Scale Supply Chain Transformation Projects?

There Are Two Distinct Needs To Improve Supply Chain Performance

Should We Improve Everything That Can Be Improved?

What Do Companies Do With The Rich Stream Of Data On Customer Orders?

Agile Supply Chains Help In Brand Building

Full Negative Impact Of Stockouts Is Rarely Understood

Lag Between Actual Demand Shift And The Requisite Supply Actions Is A Major Reason For Inventory Mismatch

Is Your Team Aligned On The Direction Of Solution?

Are You Settling For Mediocrity?

Demand Driven Supply Chains Also Experience Bullwhip Effect Due To Company’s Policies And Incentives

Bullwhip Effect Is Quite Prevalent In Most Supply Chains

Successful Supply Chain Transformation Projects Strive For Matching Employee Skills With The Technical And Process Skill Requirements

Demand Driven Supply Chains Help In Accelerating New Product Success

Demand Shaping Has Been Hyped, How About Supply Shaping?

Dashboards Should Be Actionable To Improve The Supply Chain Processes

Is Your Supply Chain Dashboard Too Cluttered?

Good News Travels Faster Than Bad News

Fast Feedback Loops Are Important To Control And Improve Supply Chains

We Need To Press The ‘Reset’ Button At Times For Major Supply Chain Paradigm Changes

How Do Your Conversations On Supply Chain Start?

Disruptions Are Good Opportunities To Make Our Supply Chains More Robust

Supply Chains Should Adapt To The Ever-changing Market...

IOT Will Help In Ensuring That Efficacy Of Covid 19...

Blockchain Technology Will Get Into The Mainstream With Covid 19 Vaccine Distribution

Implementing DDSC Solution Package Doesn’t Make A Company’s Supply Chain Demand Driven

Every Stockout Tells Us A Story

We Should Respect The Consumer Feedback

Cost Focus Can Be Detrimental To Your Business Profits

Frequency Of Planning Impacts Supply Chain Resilience

Supply Chain Problems Should Be Defined As Experienced By Consumers

SMED Must Be Internalized For Best Results

Extended Value Chains Should Be Designed For Harmony

Supply Chain Transformation Should Begin With Process Streamlining

Supply Chain Improvement Initiatives Should Be Simple...

Credit For Improvement In Customer Service Level Should Go To...

Supply Chain Improvements Should Move Us Closer To The Goal

Transparency Of Consumer Demand Helps In Building Resilience

Cost Benefit Analysis For Active Interventions In Supply

Supply Chains Are Getting A Lot Of Management Attention These Days

Copying Others’ Improvements Builds A Great Organizational Culture

Only A Few Supply Chain Improvement Models Are Sustainable

Quality Inspection Of Finished Goods Creates A Bottleneck...

EOQ Models Seem To Conflict With The Flow Principles

Most Factories Have Substantial Hidden Production Capacity

Frozen Period In Production Schedule Adversely Impacts Availability

Large Production Batches Negatively Affect Availability And Freshness

Weekly Closure Of Warehouses Disrupts Flow

Infrequent Supplies Could Potentially Cause Flow Disruption

Consumer Centric Supply Chains Focus On Flow Improvement

Supply Chains Need To Be Consumer Centric

Agile Supply Chains Thrive On Flexibility In Production

Optimisation Efforts In Supply Chains Are Mostly Sub-Optimal

Inventory Control Actions Are Often Misdirected

Synchronised Response Of The Entire Supply Chain Is Vital