Consumer products – EyeOn https://eyeonplanning.com/blog/category/fmcg/ We love impactful forecasting & planning improvements Tue, 25 Feb 2025 14:17:11 +0000 en-US hourly 1 https://eyeonplanning.com/wp-content/uploads/2021/10/cropped-EyeOn-favicon-32x32.png Consumer products – EyeOn https://eyeonplanning.com/blog/category/fmcg/ 32 32 How to make a robust promotion demand forecast https://eyeonplanning.com/blog/promotion-forecast/ Wed, 15 Mar 2023 10:30:34 +0000 https://eyeonplanning.com/?p=16273 Connecting a promotion forecast with your business forecast can be

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Connecting a promotion forecast with your business forecast can be challenging. Demand planners in the consumer products industry struggle with this on a daily basis. You invest a lot of time and manual effort, trying to build the forecast with the sales and marketing plans and spot where you need to step in.

That’s why we created EyeOn promo:

 

Contact us now for a live demo of EyeOn Promo!

 

 

 

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Don’t let the shortage of paper impact the holiday season https://eyeonplanning.com/blog/dont-let-the-shortage-of-paper-impact-the-holiday-season/ Thu, 02 Dec 2021 07:39:13 +0000 https://eyeonplanning.com/?p=10929 The holiday season is without a doubt one of the

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The holiday season is without a doubt one of the most beautiful, but also most stressful times of the year. The last thing you need is a global pandemic finding yet new ways to cause trouble: Books, Christmas cards, and wrapping paper are expected to be much more expensive or even delayed due to a shortage of paper caused by the Covid-19 crisis.

While everyone was (and still is) working from home, the paper industry is booming. People use at-home delivery more and more, which leads to increasing demand on all sorts of paper and packaging including carton boxes and wrapping paper. This has led to a shortage of paper, of which we see the effects right now!

Companies in the paper industry are striving for efficiency and lean planning solutions to guarantee the supply to their customers. To minimize the increase in costs and ensure availability towards the consumer market, accurate mid- and long-term planning is essential. This can for example be achieved by improving forecasting accuracy and implementing sales and operations planning.

How to ensure the holiday season goes as planned for your customers and your business?
Our team of forecasting and planning specialists are happy to help. Contact us now!

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How to prevent waste with better planning decisions https://eyeonplanning.com/blog/how-to-prevent-waste-with-better-planning-decisions/ Thu, 28 Oct 2021 08:40:14 +0000 https://eyeonplanning.com/?p=10754 October 13th, EyeOn joined an online session hosted by Stichting

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October 13th, EyeOn joined an online session hosted by Stichting Samen Tegen Voedselverspilling. EyeOn is aiming to realize high-impact improvements for a better sustainable future. André Vriens, as a stakeholder of the foundation, was happy to give a short pitch on how we can help companies to become more sustainable and prevent food waste. The online session was recorded and can be viewed here. It is in Dutch. André speaks at 18m26s and 25m00s:

You can also listen to it via this podcast.

EyeOn supports companies to prevent waste by getting value out of data and provide actionable insights; connect different departments within your company or even partners within the total value chain and improve collaboration with the end goal to prevent food waste. We also support manufacturers and retail companies to set optimized production and replenishment parameters that result in both food waste reduction and improved on-shelf performance.

Want to know how we can help your company?
We just launched the ‘waste prevention benchmark’ aimed for fresh food manufacturers and retail companies. Participation is free!

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Video testimonial: Improved forecast accuracy with machine learning at Lekkerland https://eyeonplanning.com/blog/video-testimonial-improved-forecast-accuracy-at-lekkerland/ Thu, 16 Sep 2021 12:37:45 +0000 https://eyeonplanning.com/?p=10638 How to turn data into actionable insights: Bas Wouters, supply

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How to turn data into actionable insights: Bas Wouters, supply chain manager at Lekkerland and Bram Kurstjens, consultant at EyeOn discuss how they improved Lekkerland’s supply chain forecasting with the latest machine learning techniques. From Excel sheets to connected planning with Anaplan. Not just gathering but really using the data.

If you look at the current process, we have a state-of-the-art system which really helps us to improve our supply chain.
Bas Wouters, supply chain manager , Lekkerland

 

We can help you to turn data into actionable insights: Talk to our experts!

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EyeOn sustainability week 2021 https://eyeonplanning.com/blog/eyeon-sustainability-week-september-7-13-2021/ Mon, 13 Sep 2021 12:12:25 +0000 https://eyeonplanning.com/?p=10619 On Tuesday September 7th we joined the kick-off of the

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On Tuesday September 7th we joined the kick-off of the ‘Verspillingsvrije Week’ organized by Stichting Samen Tegen Voedselverspilling.  And we also had an internal discussion on embracing sustainability at EyeOn.

Wednesday Julie Goossens, Damien Jaton, and Enrique De La Fuente hosted a webinar where they presented a customer case on preventing excess stock and obsolescence.

In another webinar on Friday Willem Gerbecks and André Vriens showed how food waste reduction and improving on-shelf performance can go hand-in-hand. After the webinar we launched a ‘Waste prevention benchmark’. Participation is easy and for free, just click this link.

To close off the week, our employees did their best to prepare a vegetarian meal with the least amount of waste. We must say, quite successfully. Here some pictures with the results!

Photos of food

 

Read more about sustainability!

 

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EyeOn helps circular online supermarket Pieter Pot in exciting mission https://eyeonplanning.com/blog/pieterpostmission/ Thu, 26 Nov 2020 09:32:15 +0000 https://www.eyeon.nl/?p=8331 Recently EyeOn had the opportunity to help Pieter Pot in

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Recently EyeOn had the opportunity to help Pieter Pot in their exciting mission – through sharing our knowledge and experience in forecasting and planning . Martijn Bijmolt is co-founder of Pieter Pot and shares his experience.

What is a circular supermarket?

“Pieter Pot is Europe’s first online package free supermarket that delivers groceries to consumers’ homes in circular packaging – currently glass mason jars, in the near future custom lightweight Pieter Pot jars. We focus on bringing convenience: minimize effort at affordable prices, while being the most sustainable option.

Our aim is to help save up to 20 million kg of CO2 and 3 million kg of plastic waste on an annual basis. This equals the yearly emissions from 80 million car km and enough plastic to fill 20 Olympic swimming pools every year. We do this by growing from the 4.000 customers we currently serve to more than 100.000 by 2023. Scaling up the operation with this speed is challenging. So we reached out to Eyeon for help.

The challenges

Before we got in touch with EyeOn, we operated in silos which were barely communicating: finance/MT created the long-term budget and forecast, marketing drove the short-term sales and product sourcing and production was scheduling based on historic orders. The result was that our financial projections were always off and our inventory low on stock. This is where EyeOn stepped in.

Forecasting and planning improvements with EyeOn

EyeOn showed us the fundamentals of Sales and Operations Planning and explained the Stadtler model, which really opened our eyes. We immediately starting implementing elements from the Stadtler model which we were missing: 

  • A mid-term S&OP forecast
  • A short-term demand planning
  • A short-term transport planning to share with our distributor PostNL Food
  • Mid-term supply planning to share with our product suppliers
  • Upgraded Material Requirements Planning with adjusted buffers
  • A bi-weekly demand meeting

The results are tangible and very exciting: 

  • Alignment in growth between MT, finance, marketing and operation
  • Supplier confidence and discounts on growth trajectory
  • Minimal out of stock items
  • Improved financial planning
  • Better grip on mid-term operational scaling

We greatly appreciate the support from EyeOn in setting us up for growth and we are looking forward to working together in the future.”

pieter pot oprichters
Pieter Pot founders Martijn Bijmolt (left) and Jouri Schoemaker (right).

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How should business leaders cope with challenging environments? https://eyeonplanning.com/blog/how-should-business-leaders-cope-with-current-challenging-environments/ Wed, 20 Nov 2019 07:53:35 +0000 https://www.eyeon.nl/?p=5289 Supply chain leaders discuss how to deal with volatile markets

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Supply chain leaders discuss how to deal with volatile markets

This was one of the questions that a group of executives from FMCG, food and retail companies discussed on the EyeOn inspiration event in the ADAM tower in Amsterdam Wednesday 13th of November.

For many companies’ market circumstances are volatile, varying from global politics to individual consumers who can shift buying preferences ‘in a click’. Next to that data is everywhere, the war on talent is increasingly challenging and sustainability is driving major changes in how to be successful. Although many value chains are more transparent than ever before, this hasn’t made us better planners or decision makers (yet).

Luckily the possibility of next level planning and decision processes is available. Discussing the possibilities of no -touch planning with self-driving cars, the clear conclusion by all was that we need to improve 1-2 levels in the next few years.

Tooling and data are no limiting factors anymore. The group agreed that organisational readiness, cultural change and embracing the potential of analytics deserve the most attention in making the next steps.

The changing world of internet platforms is making clear that business models are changing and most likely will impact everybody not only in B2C but also in B2B, according to Maurice Jongerius from Bol.com. The consequences are not only technology driven but even more on the people side. Leaders and managers should start changing themselves!

 

Conclusion: Transformation thinking is key!

Overseeing Amsterdam, the conclusion was that transformation thinking is key!
5 best practices to start transforming tomorrow were shared by André Vriens & Jan Veerman:

  • Ask the right questions for your business!
  • Start collecting and storing data as of tomorrow
  • Build strong analytical skills and embed analytics in business processes
  • Collaborate with all relevant stakeholders in and outside your company
  • Remain agile, just start!

Do you want to know more? Please contact André Vriens to discuss!

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Every journey starts with a first step, and before you know it you’re running https://eyeonplanning.com/blog/every-journey-starts-with-a-first-step/ Fri, 31 May 2019 15:06:16 +0000 https://www.eyeon.nl/?p=4621 The post Every journey starts with a first step, and before you know it you’re running appeared first on EyeOn.

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No-touch planning, automated generation of master data, robotic process automation. On the one hand advanced automation seems and is closer than ever.

Advances in general purpose AI (think DeepMind) or focused AI (voice assistants, photo pattern recognition) make it easy to imagine the application in supply chain planning is only a matter of time. In this light, episode 47of the ‘After On’ podcast is worthwhile the listen.

Still, we struggle on a daily basis with bad master data, erroneous or time-consuming Excel files, difficult to interpret solvers and cumbersome scenario planning. Maybe an automated supply chain is just one leap to far?

Take a step back and think about the technology we use every day. What’s the last time you’ve used physical maps to navigate? Go to the library? Remember the stock traders shouting on the exchange floor? Technology slowly advances and seamlessly intertwines with daily life. 

The same holds for applications in supply chain management. We just executed a deep dive in the level of automation we apply in analyses we execute for and in applications delivered at our customers. The degree of automation in a typical project has risen to a level we would not find say 10 years ago. 

For example, more and more steps of setting up a forecasting process are automated. Manual segmentation is not required anymore. Segmentation is automated, just like many of the steps to select the best forecast approach for each category.

 

 

Automated portfolio segmentation to differentiate forecasting approach

In our work to reduce data latency through speeding up requirements propagation, demand trend recognition and shorten planning cycles, we see ever more opportunities to automate. Take a multi node divergent supply chain with many routing choices per node, with varying lead times and yields. A detailed understanding of critical starting material requirements requires a full plan propagation, with a latency of (at least) one planning cycle. An automated ad hoc propagation using predicted lead times and material requirements – learning from past routing decisions and outcomes – delivers predicted raw material requirements with accuracy fit for planning on demand, rather than once every cycle at best.

 

 

Prediction of raw materials based on lead times and BOM simulations.

And it can work the other way around. An analysis of supplier performance giving insight of performance against planned parameter, triggered the development of an automated update and learning loop feeding supplier management, QC lab priorities, master data management and planning.

 

 

Box plot of actual delivery times versus planned delivery times

 
Automation based learning loop for supplier management 


Any step, no matter how small, brings the no touch supply chain a little closer. At minimum it provides answers to the questions asked. In many cases, though, it triggers efforts to significantly reduce data latency and implement true automated learning loops.

Want to learn more? Ready to take the first step and implement? Feel free to reach us through our website or read the document “Data Engineering” to familiarize with the approach EyeOn takes on making improvements in this area.

In striving for success, large companies have to continuously struggle against growing internal complexity. EyeOn helps our clients manage this complexity by designing, implementing and executing excellent planning processes as a discriminating factor for this success. In order to achieve this, we develop and share knowledge about top level planning and forecasting, with constantly demonstrable return on investment for our clients.

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How to set up forecasting for your specific business situation? https://eyeonplanning.com/blog/how-to-set-up-forecasting-for-your-specific-business-situation/ Mon, 17 Dec 2018 15:58:33 +0000 https://www.eyeon.nl/?p=3952 André Vriens and Edward Versteijnen from EyeOn facilitated a lively

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André Vriens and Edward Versteijnen from EyeOn facilitated a lively workshop in cooperation with Supply Chain Magazine on December 6 2018, hosted by Martijn Lofvers of SC Magazine. We challenged participants to provide an accurate forecast in a small exercise. In groups they discussed how to set-up forecasting fit-for-purpose for a specific product group, based on the approach provided by EyeOn. Find the whole article here (in Dutch).

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Trade promotions: From margin drain to profit generator https://eyeonplanning.com/blog/trade-promotions-management-from-margin-drain-to-profit-generator/ Thu, 19 Apr 2018 07:09:50 +0000 https://www.eyeon.nl/?p=2814 On April 12, EyeOn and visualfabriq hosted a first joined

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On April 12, EyeOn and visualfabriq hosted a first joined inspiration session on trade promotion management, from margin drain to profit generator. At the EyeOn offices in Antwerp, Belgium we had a fruitful day with inspiring and thought-provoking discussions.

André Vriens from EyeOn started the day by looking at how the FMCG market is changing and how data can have an impact for a company. By looking at several data challenges, we also saw that there are ways to transform these into opportunities. The role of the ‘machine’ in this transformation will become increasingly important, so Carst Vaartjes (visualfabriq) showed us how artificial intelligence can and will bring more benefit from the business data we already have. Although, applying AI must be done gradually, the time to act is now. While 94% of all promotions tend to increase volumes, only 63% also generate extra sales value and a mere 25% give you extra profit. Joris Monchen (visualfabriq) closed off the day by demonstrating the practical way of how visualfabriq allows you to improve the performance of your promotions.

trade promotions eventThe main message of the day: Learn from the past and impact your business now!

All participants were unanimous on the ability of the ‘machine’ to get more out of our data and were conscious about the balance that they need to find between human and machine.

If you want to know more, please find the presentation of the day here below. Get more inspiration on the visualfabriq website, read the EyeOn TPM leaflets below or get in touch with André Vriens or Erik de Vos.

Presentations of the day
Intro EyeOn and visualfabriq
A market view on data challenges and opportunities – André Vriens (EyeOn)
Applied AI: Data & the machine – Carst Vaartjes (visualfabriq)
How will visualfabriq deliver your business case? – Joris Monchen (visualfabriq)

Product leaflets Trade Promotion Management
– Promotion forecast scan
– Promotion planning
– Trade promotion management

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