Apparel Innovation Metrics Procurement Analytics 
SCMDOJO
JULY 3, 2023
In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!
Supply Chain Shaman
OCTOBER 8, 2019
The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Apparel is an example. Time horizon.
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Supply Chain Shaman
FEBRUARY 27, 2020
How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.
Enterra Insights
SEPTEMBER 16, 2019
Jennifer Furey and Rebecca Harris, attorneys at Goulston & Storrs, report, “Millennials are expected to inherit approximately $30 trillion in assets over the next 30 to 40 years. ” They note an MIT survey of apparel companies found vastly differing definitions of supply chain transparency across organizations.
Supply Chain Shaman
AUGUST 26, 2015
Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.
Supply Chain Shaman
APRIL 7, 2016
When you think about the product lifecycle from cradle-to-cradle through the moments of truth of purchase, usage, and disposal, what are the opportunities to improve corporate social responsibility? For example, if you are an apparel retailer, track the number of sales by cut, size, color, occasion, and material. Bio-engineering?
Logistics Bureau
NOVEMBER 27, 2016
While I’m a firm believer that innovation, not emulation, is the way forward for any company wishing to differentiate through its supply chain, I also believe that reinventing the wheel is something to be avoided if possible. Innovation. The Sustainability Drive. Health and safety. Outcomes First.
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