Did you know that 29,000 metric tons of plastic are discarded each year? On top of that, it’s difficult for manufacturers to measure and reduce waste in support of their sustainability targets. What’s Packaging Waste? The packaging footprint refers to the environmental impact of the packaging materials and processes used to create and distribute a […]
Driving 10 % Points Improvement in Forecast Accuracy for Retail Manufacturer The Challenge: A Fragmented Forecasting Process with Limited Insights The Demand Planner faced a series of hurdles that hindered accurate and efficient forecasting: Solution The Owl’s Demand Planning module went beyond simple forecasting by SKU and categorizing all products in the manufacturer’s portfolio. […]
The Planner’s Guide to Demand Planning Best Practices: What Adds Value and What Doesn’t Demand planners in manufacturing are the backbone of efficient supply chains, ensuring the delicate balance between supply and demand, optimizing resources, and maximizing customer satisfaction. However, many planners often find themselves stuck in tasks that consume time but deliver minimal strategic […]
Forecast Value Add (FVA) is a critical metric in supply chain and demand planning that measures the incremental improvement (or degradation) in forecast accuracy resulting from each step in the forecasting process. FVA quantifies the value added—or subtracted—by various inputs, methods, or adjustments, such as statistical models, manual overrides, or external data integrations. In essence, […]
What is forecastability analysis? In essence, forecastability analysis refers to appraising your company’s demand scheduling challenges while helping employees focus on addressing demand variability. This process entails segmenting items in various unique ways so that you can establish and apply the appropriate supply chain policies for production and inventory management and inventory planning. You can […]
Effective demand planning is a cornerstone of successful Sales and Operations Planning (S&OP). Yet, manufacturers frequently face challenges in demand planning that derail efficiency, collaboration, and accuracy. Addressing these challenges requires a clear understanding of the obstacles and practical strategies to overcome them. 1. Data Quality Challenges in Demand Planning The Problem:Demand planners often rely […]
Operational efficiency isn’t just a goal for manufacturers—it’s a survival skill. Manufacturers are increasingly pressured to balance growth with cost control, but with vast data at their disposal, many struggle to turn insights into action. That’s where the right Key Performance Indicators (KPIs) come in. By tracking specific metrics, manufacturers can optimize their operations, improve […]
In today’s competitive and complex business landscape, supply chain data management is the backbone of an efficient, resilient, and responsive supply chain. Data is now the lifeblood of operations, empowering manufacturers to understand demand patterns, anticipate disruptions, and make informed, agile decisions that drive efficiency and customer satisfaction. As supply chains grow more intricate, involving […]
Supply chain data is one of the most critical assets for manufacturers today. With the promise of advanced enterprise systems, many companies expect smooth data handling and analytics. However, the reality is starkly different: despite heavy investments in these systems, Excel remains the primary tool for making sense of this data. This reliance on Excel […]
Improving Quality Control and Reducing Reporting Time by 95% with Owl Analytics Challenge The Quality Assurance and Control team for a multi-million-dollar consumer packaged goods (CPG) company faced significant challenges in monitoring the performance of their quality management process. Their workflow involved: Utilizing Excel spreadsheets to run ad-hoc analysis with data pulled from the Laboratory […]
