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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. There are numerous indications that supply chain is more critical than ever.

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Top Supply Chain Forecasting Methods & Why You Need To Use Them

ShipBob

And since an ecommerce supply chain consists of several moving parts, how does an online brand go about supply chain forecasting, so they can make better predictions and decisions? There are several supply chain forecasting methods that businesses of all sizes can use that doesn’t involve hiring a psychic. Download the Guide.

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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%.

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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. One executive simply stated that it’s “an easy variable to address.”

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Dock-to-Stock Time: Best Practices For Warehouse Inbounding

Ware2Go

Dock-to-Stock time is the amount of time it takes for a product to arrive at a point of origin (like a warehouse ) and be stocked on the shelf, ready to ship. Every minute that product sits on a truck, cargo ship, or warehouse dock is a minute that it can’t be turned back into revenue. What Is Dock-to-Stock Time?

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Dancing in the Ring of Fire

Supply Chain Shaman

To accomplish this goal, analyze forecastability (analysis of Coefficient of Variation (COV)), Forecast Value Added analysis (FVA), fill rate, and product flows. However, order fulfillment is not measured, and he is stonewalling the implementation of warehouse management. Good luck if you like John, find yourself in the middle.

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Invest in These Capabilities to Drive Supply Chain Excellence

AIMMS

Our recent survey showed that only 17% of organizations make it a priority to invest in innovation. The machine learning algorithm then continually fine tunes the forecast model through each forecasting cycle. Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Firefighting is the norm.