Remove Forecasting Remove Sourcing Remove Survey Remove Warehousing
article thumbnail

2023 Supply Chain Priorities, Perceptions, and Initiatives – Preliminary Results

Logistics Viewpoints

Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. Here are some preliminary survey results thus far. However, I am surprised at the degree that localized sourcing is being considered.

article thumbnail

2023 Mid-Year Check-In: Current Status of Supply Chains and What’s Next?

Logistics Viewpoints

It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. This post was subsequently followed by two articles that discussed some of the findings from the survey. And they must be capable of adapting to various demands.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Thriving In ‘The New Normal’ With 5 Demand Forecasting Models

ThroughPut

Step Up Demand Planning Efforts with a Robust Forecasting Model . Demand forecasting can be a game changer in today’s volatile environment. Infact, according to McKinsey , applying AI-driven demand forecasting to supply chain management can cut down errors by 20-50% and this helps reduce lost sales by 65%.

article thumbnail

Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19.

Modeling 361
article thumbnail

Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. A recent Thomas survey found that 64% of manufacturing companies are likely to “bring production and sourcing back to North America” in view of COVID-19.

Modeling 177
article thumbnail

Embracing Warehouse Automation

AB&R

More companies are moving toward an automated warehouse , adopting technology like RFID and other tracking hardware [1]. Automating your warehouse impacts every corner of your operations, from taking inventor to picking , docking, and delivery. Use data in forecasting and planning . Next Steps. HAVE QUESTIONS?

article thumbnail

Supply Chain Basics with Jason Miller

The Logistics of Logistics

He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Forecasting. Warehousing.