Supply Chain Shaman
MARCH 21, 2024
Revenue management is siloed and distinct from demand management, while Transportation Management (TMS) has nothing in common with Distribution Requirements Planning (DRP). The shifts over the last decade are profound: Is the answer a Supply Chain Center of Excellence? Lack of aligned metrics.
Supply Chain Shaman
MARCH 8, 2016
As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.
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Logistics Viewpoints
MARCH 27, 2023
Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship.
Supply Chain View from the Field
APRIL 1, 2015
Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.
Supply Chain Shaman
MARCH 9, 2020
As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. Clarity of Supply Chain Excellence.
Supply Chain Shaman
OCTOBER 8, 2017
” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements. Today’s demand management processes have many issues. Redefine Tactical Demand Planning.
Arkieva
JUNE 28, 2016
We might use “availability in Excel directly or with Add-ons” as an “age metric’.). For example, basic optimization and statistical methods have been part of business school programs for over 40 years and core methods are part of Excel. One pattern is a succession of short purchases in a location away from home.
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