{"id":29706,"date":"2022-08-17T12:32:05","date_gmt":"2022-08-17T16:32:05","guid":{"rendered":"https:\/\/blueridgeglobal.com\/?p=29706"},"modified":"2025-09-15T21:38:19","modified_gmt":"2025-09-16T01:38:19","slug":"taking-control-of-production-through-forecasting","status":"publish","type":"post","link":"https:\/\/blueridgeglobal.com\/blog\/taking-control-of-production-through-forecasting\/","title":{"rendered":"Taking Control of Production Through Forecasting"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]Posted on: https:\/\/digitaledition.foodengineeringmag.com\/august-2022\/processing–packaging-technology\/<\/a><\/p>\n

Consumer buying behaviors have shifted drastically in recent years, and with soaring inflation and new price hikes, it\u2019s likely that purchase priorities are going to shift again in the next six to 12 months, says Karen Clarke, SVP & managing director of AMER, Anaplan, a supplier of integrated business planning tools.<\/p>\n

\u201cWe believe that humans and technology working together provides the winning combination for businesses operating in the food sector.\u201d \u2014 Jim Byrnes, CEO, Blue Ridge<\/p>\n

What are some of the IBP tools that you\u2019d expect to find in a system? Jim Byrnes, CEO of Blue Ridge, lists a few, which include demand forecasting, supply planning, inventory allocation, sales and operations planning, replenishment and pricing, supply chain and procurement, CRM and insurance-based solutions. Beyond the tools themselves, implementing the correct processes not only minimizes risk but also optimizes these solutions to deliver world-class customer experiences. When it comes to shifting customer needs, multi-echelon inventory optimization (MEIO) is a good solution, adds Byrnes. MEIO gives businesses the ability to optimize inventory placement throughout the supply chain to match projected demand and meet fluctuating customer demands.<\/p>\n

“Supply chain leaders can use this end-to-end visibility to make more informed, data-driven decisions.” \u2014 Jim Byrnes, CEO of Blue Ridge<\/p>\n

At the instrumentation company where I worked, the plant manager\u2014based on his three decades of experience and orders at hand\u2014planned what components needed to be made for stock. Is a singular \u201cprophet\u201d even viable today? \u201cThe answer is two-fold,\u201d says Byrnes. \u201cIntelligent supply chain planning solutions leverage thousands of data points and use machine learning and complex mathematical equations to predict forward-looking consumer demand. However, the industry-specific \u2018prophets\u2019 you are referring to are still as crucial as they were 20 years ago. We believe that humans and technology working together provides the winning combination for businesses operating in the food sector.\u201d<\/p>\n

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Consumer buying behaviors have shifted drastically in recent years, and with soaring inflation and new price hikes, it\u2019s likely that purchase priorities are going to shift again in the next six to 12 months, says Karen Clarke, SVP & managing director of AMER, Anaplan, a supplier of integrated business planning tools.<\/p>\n","protected":false},"author":36,"featured_media":29707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[65,115,72],"scp_topic":[185],"sector":[180],"technology":[176],"class_list":{"0":"post-29706","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blog","8":"tag-demand-forecasting","9":"tag-ibp","10":"tag-integrated-business-planning","11":"industry-generic","12":"scp_topic-generic","13":"sector-generic","14":"technology-demand-forecasting"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/posts\/29706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/comments?post=29706"}],"version-history":[{"count":3,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/posts\/29706\/revisions"}],"predecessor-version":[{"id":31447,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/posts\/29706\/revisions\/31447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/media\/29707"}],"wp:attachment":[{"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/media?parent=29706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/categories?post=29706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/tags?post=29706"},{"taxonomy":"scp_topic","embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/scp_topic?post=29706"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/sector?post=29706"},{"taxonomy":"technology","embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/technology?post=29706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}