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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing? Absolutely!

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

Dick’s joins a list of retailers that have recently noted the impacts of inflation on customer purchases, with a shift from discretionary to non-discretionary items being a common theme. households across six states – Arizona, Arkansas, Florida, Texas, Utah and Virginia. Between the hours of 8:00 a.m. and 8:00 p.m.,

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

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Government’s Big Move to Electronic Marketplaces

NC State SCRC

I was recently involved in a research discussion with Chris Yukins of George WAshington University’s Law School’s Government Procurement Program, and Thomas Kull from Arizona State University, exploring the impact of the rise of electronic marketplaces in government procurement. GSA will receive a.75

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Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction.

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Supply Chain Management in a VUCA World

Enterra Insights

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more.”[2] To make that point, Mortson lists ten different definitions for the term from various sources.

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Do No Harm…

Supply Chain Shaman

(I sometimes wonder if I should create a new class of technologies for the network design tools because they have changed so much.) These tools allow us to look at sell, source, make, and deliver together. These technologies are applicable to solve many problems. We hope to see you there!