News & Events
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News & Articles
SDCE100 Project Award Winners Light a Path for Supply Chain Innovation
Published
in Supply&Demand-Chain
Magazine
June 2012 |
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Kemps recognized that their existing demand management methods were inadequate to deal with their highly promotional business. They sought a system that would be able to give greater visibility into the impact of promotions on demand without requiring a great deal of manual maintenance.
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Seven Sins of Demand Planning from Supply Chain Shaman
Published
in Supply Chain Shaman
Blog
May 2011 |
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In my opinion, the greatest sin of all is that we have spent thirty years developing forecasting processes that are largely not used or trusted by the organizations that they serve. Here, in this blog post, I share my reflections on the group's discussion on sins…
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Demand Management Trends: Forecasting Key Priority for 2011
Published
in Supply&Demand-Chain
Magazine
November 2010 |
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Senior management is looking to their supply chain leaders to squeeze additional improvement out of their processes, and supply chain planning represents a key area where these improvements can be found, according to a new report from industry analyst firm Aberdeen Group.
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John Galt Solutions Selected as Top Innovator by Supply & Demand Chain Executive Magazine
Published
in Supply&Demand-Chain
Magazine
May 2010 |
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Nine years ago, Supply & Demand Chain Executive announced its first "100" list of supply chain solution providers, consultants and other organizations that were helping lead the way in transforming companies' supply and demand chains. This year the magazine focused the criteria for its "100" feature on supply chain excellence and preparing the supply chain for the post-recessionary return to growth.
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2010 Pros to Know
Published
in Supply&Demand-Chain
Magazine
March 2010 |
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"New Normal." That's the shorthand that economists and pundits are using to suggest that the economic rules of the road have changed in the post-recession environment. The term encompasses diminished demand, constraints on capacity, supply volatility and price uncertainty, and generally higher levels of insecurity and risk.
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For the sixth year in a row, Food Logistics has identified the top 100 technology and solution providers to the food industry. Known as the FL100, this resource is a listing of software, hardware and IT service providers that focus on the unique technology needs of the food distribution industry.
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As companies adapt to the rigors of forecasting in a recession and senior management comes to appreciate the importance of the activity, the hope is that demand forecasting will
become a more refined tool for managing supply chains.
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Predictions are difficult in an unstable economy, but there are still ways to turn your material forecast into more than an educated guess.
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How did a Russian-born novelist become such an influential "thought leader" for American CEOs, entrepreneurs, and MBAs — and even Alan Greenspan?
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How can collaborating with vendors and suppliers help make planning more effective, and what does it take to make that kind of collaboration happen?
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Hirsh had been using SAP to view the forecast and made changes manually. It took a team of five people to keep the forecast current and accurate. Since implementing John Galt's ForecastX Wizard, the company now enjoys improved accuracy, and only one person needs to have direct involvement with the forecast. With the earlier system, data was stored in one version, history was not visible, and guesses were made based on external history.
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While most companies have invested in manufacturing operations, only 30% feel they are able to use factory-level data for performance management programs. CDC Factory and Informance installed factory-monitoring systems to give operating leadership visibility...
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Best Practices: Cooking up a Fresher Demand Forecast at Tasty Baking Company
Published
in Supply&Demand-Chain
Magazine
March 2008 |
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A couple years ago Tasty Baking Company undertook an initiative to trim the fat out of its forecast error by deploying a new demand forecasting process. The goals were typical for this type of project: improve forecast accuracy and, ultimately, lower inventories. But along the way...
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Burt's Bees Addresses its Forecasting Needs
Published
in RIS Executive News Brief
October 2007 |
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Burt's Bees, a manufacturer of earth-friendly natural personal-care products, selects the Atlas Planning Suite by John Galt Solutions for its forecasting needs. Burt's Bees adds the forecasting suite to streamline its overall internal planning process.
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John Galt Solutions Makes SDC 100
Published
in Supply&Demand-Chain
Magazine
July 2007 |
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Adaptable. Agile. Customer-focused. Global. Scalable. A modern supply chain must have all these characteristics (and more) as the "push" economy of yesterday gives way to the 21st century's demand-driven "pull" economy. To compete successfully in this new reality, enterprises of all sizes are turning to technology and service cproviders to help them enable their "21st century supply chains."
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Smithfield Packing Co. has selected John Galt Solutions for forecast and plan production within Smithfield Packing's packaged meats division.
Smithfield Packing is a subsidiary of Smithfield Foods, the world's largest pork processor and hog producer, with revenues exceeding $11 billion in 2006.
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John Galt Solutions, a provider of supply chain planning software, recently announced that Smithfield Packing has selected John Galt Solutions for forecast and plan production within Smithfield Packing's packaged meats division.
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Smithfield Packing Co. has selected John Galt Solutions for forecast and plan production within Smithfield Packing's packaged meats division.
Smithfield Packing is a subsidiary of Smithfield Foods, the world's largest pork processor and hog producer, with revenues exceeding $11 billion in 2006.
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In the summer issue of Compass on Business magazine, we offered, "Fast Forward: The Demand-Driven Supply Chain." The article contained a sidebar called "Global Supply Chain Success Factors." Among the best practices we're now hearing more about is supply chain visibility, which has been in place for large companies with complex operations for some time, but is now becoming more prevalent for companies of all sizes.
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Who is Annemarie Omrod? She's CEO of Chicago-based John Galt Solutions. She's a top Chicago tech entrepreneur little known in the local community. She doesn't seek the spotlight or venture capital. She's quietly growing her software company one client at a time.
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"Oil-Dri was challenged by growth and the increasing complexity of serving diverse international markets," says Brian Shay, director of service and materials planning for Oil-Dri. To remedy the situation, company leadership sought to implement a forecasting and demand planning solution that would improve resource planning and inventory management across operations. However, Oil-Dri lacked the processes and technology to make that happen.
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It's the busiest time of year for North Pole Workshops. Production is in high gear, and the elves are on overtime in the sprint toward Christmas. But an unexpected spike in demand for one toy may leave children around the world disappointed on Christmas morning, whether they've been naughty or nice. At the same time, another toy's popularity threatens to plummet,...
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In these days of enterprise software market
consolidation, why would a manufacturer buy from a small company
that may not be around for long when larger software companies
beckon? The short answer is that emerging vendors continue to
develop unique capabilities that meet a vertical-industry need,
or target shop-floor functions at which large enterprise system
vendors have tended to lag.
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A conversation with Richard Herrin, forecasting
and planning manager—NAFTA region, for Syngenta, a global agribusiness
based in Basel, Switzerland.
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When the readers of Supply & Demand Chain Executive consistently say in surveys and face-to-face interviews that they use both the print magazine and SDCExec.com to learn about new solutions and best practices for enabling the supply chain, to understand trends in supply chain technology, and to benchmark their own companies' enablement initiatives with those of other enterprises across industry verticals, the editorial staff listens.
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Concepts like closed-loop supply chain
management and event-driven forecasting might have a grandiose
ring to them, but they translate into concrete benefits for
those who put them in practice in retail supply chains. Just
ask Steve Bartok, corporate demand-planning manager for Wells
Lamont.
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The Bell Group, a global jewelry manufacturer
and distributor based in Albuquerque, recently completed implementation
of the inventory and demand management modules that are key
components of the Atlas Planning Suite from John Galt Solutions
of Chicago.
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With roots 50-years deep, Murray Feiss Industries is an award-winning, lighting, occasional furniture and decorative accessory company that operates two divisions, each with a totally different business concept.
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Ted Anderson, a business analyst with
The Bell Group, comments on the implementation: "We are now
able to bring the manufacturing and distribution sides of
our business together, working on the same set of numbers.
Our next step in the project will be to integrate the Atlas
Planning Suite with our e-commerce site, roll those orders
into Atlas Planning Suite for demand planning and inventory
optimization, and integrate with Great Plains for execution.
This will enable us to implement a consensus Sales and Operations
Planning process into our business."
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Bell Group wanted to better manage backorders,
inventory levels and customer service by providing business
analysts same-day purchasing and manufacturing information,
keeping the business synchronized. To accomplish this goal,
the company opted to replace its COBOL-based demand planning
system with state-of-the-art technology that could integrate
with its Microsoft Great Plains enterprise resource planning
(ERP) system.
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Retailers and Consumer Packaged Goods manufacturers are engaged in massive in-house data cleaning projects as well as fine-tuning supply chain functionality to improve communication and reduce costs.
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Demand planners at glove manufacturer
Wells Lamont have put their finger on a way to bring new value
to the company by leveraging technology that allows them to
plan by exception.
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With over 2,500 employees, Wells' operates two ice cream plants and a milk-producing plant in Le Mars, and a milk plant and freezer warehouse facility in Omaha, Neb. The company sells more than 500 different Blue Bunny products across North America and in 18 countries around the world.
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Making sure products are at the right
place at the right time is especially important when you're
dealing with seasonal items and perishable food. That's why
Gertrude Hawk Chocolates and Sunsweet Growers Inc. are spending
their IT dollars on new supply-chain
software that will help them forecast demand, schedule
production, and better manage inventory.
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Forecasting demand, as much an art as
a science, is never easy in the best of circumstances. But
Greensboro, N.C.-based Syngenta Crop Protection faced at least
one major hurdle in forecasting North American demand for
its fungicides, herbicides and insecticides, according to
Richard Herrin, manager for NAFTA planning and forecasting
at the company: "We didn't have a forecasting process."
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Since 2002, Murray Feiss has been using ForecastX
Wizard to generate all forecasts, regardless of data point,
and upload them to its system. The software resides on a Compaq
Proliant ML550 server. A built-in interface allows forecasts
to flow into an Excel application used for data analysis.
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The need to maintain extremely competitive
margins first drove electronics companies to contract out
all of their manufacturing, distribution, and order fulfillment
processes to global contractors. This in turn created the
need to track component and product flow worldwide. As a result,
the electronics industry is in the process of forging what
is arguably the world's largest, most tightly integrated supply
chain, linking semiconductor manufacturers to end customers
so that a ripple in demand on the retail end reverberates
all the way down to the fab plant in a matter of hours.
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Gertrude Hawk will use the Demand Management Engine to produce forecasts for all their retail stores, and will integrate the demand requirements plan with their legacy system. Once implemented, the application will provide significant benefits, including faster and more accurate forecasts, as well as increased efficiency and visibility.
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The near future for demand
management software vendor John Galt Solutions calls for
an ambitious new product suite, but the direction is fairly
simple, says the CEO of the Chicago-based company: get better
at marketing, and at packaging up long-standing capabilities.
Anne Omrod, president and CEO, met with MSI at the company’s
user conference in Chicago in August, and says John Galt Solutions’
new suite handles multiple demand management functions.
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Most manufacturers will recognize the
forecasting tool that was employed up until the late '90s
at First Alert, manufacturer of consumer fire and carbon monoxide
detector equipment. It was an Excel spreadsheet, a giant,
unwieldy one, probably 30,000 lines long with lots of subtotals,
requiring manual updates every time there was a tweaking of
the product line or a new customer. And most of the data came
from 50 different sales rep organizations — sometimes very
optimistic ones — that would fax in forecasts once a month
for someone to key in.
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Annemarie Omrod considers herself a
child of the Jersey Shore, where she spent almost every summer
growing up. But unlike other kids, who passed their days playing
on the boardwalk, Omrod usually worked two jobs--flipping
pancakes in the morning and frying seafood at night--so she
could save up to $3,000 during her teen summers.
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In the ideal world, companies have one
forecasting process that supports everyone's requirements. Stakeholders
from all areas of the enterprise are included and there is a
consensus ownership of the process. Technology facilitates collaboration
between internal and external groups, integrating current tools
and processes. Results are then published and tracked and accuracy
is continually improving.
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In December 1998, John Galt's ForecastX
competed with established Business Forecasting Software Companies.
The competition included Quarterly, Annually, and Monthly time
intervals and included data samples from Microeconomic, Industry,
Macro, Finance and Demographic categories.
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Reviews
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Hirsh had been using SAP to view the forecast and made changes manually. It took a team of five people to keep the forecast current and accurate. Since implementing John Galt's ForecastX Wizard, the company now enjoys improved accuracy, and only one person needs to have direct involvement with the forecast. With the earlier system, data was stored in one version, history was not visible, and guesses were made based on external history.
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We were particularly impressed with the diversity
of forecasting methods and output options. For the boss, ForecastX
provides executive summaries. For presentations, you'll appreciate
the charting feature. For everyday use, you'll value the standard
output options, the ability to generate PivotTables automatically,
and the Audit Trail features that help validate accuracy of
results.
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After implementing the S&OP Module of the
Atlas Planning Suite, Syngenta saw immediate improvement in
our sales and operations planning process, which has already
reduced inventories and provided return on investment. Recently
adding the Demand Management Engine module to produce a more
accurate forecast and demand planning capability, Syngenta recognizes
the value of having a scalable enterprise solution that can
be implemented in segments as the business processes grow and
improve. The NAFTA team at Syngenta now has access to critical
business information to better manage and plan production activities
and ensure their business objectives are met.
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Integrated into the inventory-management system,
ForecastX was customized to meet Sunbeam's forecasting and planning
needs. ForecastX captures historical data, performs batch forecasting
and allows sales and marketing departments to add input into
the equation. The results are collaborative, real-time forecasts
that allow Sunbeam to manage and control their inventory and
forecasting process. The increased efficiency in production
planning also allows for better relationships with key business
partners due to more accurate forecasts.
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ForecastX contains no data limits. The amount
of data you can forecast is solely dependent on your machine.
ForecastX allows you to perform complex analysis without being
a statistician. Its object model is easy to navigate and performance
is phenomenal--we were able to perform 30,000 forecasts in about
a half an hour.
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