Remove Eliminating Excel in Purchasing Remove Forecasting Remove Presentation Remove Procurement Analytics
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How To Jump

Supply Chain Shaman

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Outside-in Planning: Modeling based on channel and supply network signals. This week, I was at Informs Analytics Conference.

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Essential Guide for Demand Forecasting in 2024

ThroughPut

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. What is Demand Forecasting?

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Lifting The Gray Curtain

Supply Chain Shaman

Allyson Hatfield, demand planner at MARS Petcare presented. In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. Allyson’s presentation was just that. ” My take?

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Navigating the Future: How Advanced Supply Chain Analytics is Transforming the Industry

ThroughPut

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment.

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Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities

SCMDOJO

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

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Student projects focus on supply management segmentation, risk analytics, and predictive cost models.

Supply Chain View from the Field

My MBA 541 students presented results from their projects this semester. Companies are clearly using many more criteria other than cost and delivery to evaluate suppliers, indicating they are willing to pay a bit more if they are able to get better overall value from suppliers.

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. Almost two decades of reporting. The audience assumes that the presenting company is outperforming. Demand latency is the time cycle to translate a channel purchase to an order.)

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