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Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. The average forecaster or planner will understand that the wave-one or wave-two technologies they are working with can’t provide these decision capabilities.

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Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. The average forecaster or planner will understand that the wave-one or wave-two technologies they are working with can’t provide these decision capabilities.

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Viral Disruption in the Supply Chain: COVID-19 vs SARS

Logistics Bureau

Because the 2003 outbreak of the Severe Acute Respiratory Syndrome (SARS), originated in China, as COVID-19 did last December, comparisons are not only inevitable but also useful. percent of global GDP in 2003. Some forecast a pandemic that will sweep the world, kill tens of thousands, and cripple the global economy for years to come.

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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

Planners, schedulers, and forecasters will not escape this evolution. New systems of intelligence will support us with planning & forecasting process automation, analytics automation, and decision automation. Any planning, forecasting, analytics, simulations, and insights must facilitate high quality, timely decisions.

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How the Terra Acquisition Fits Into the Future Supply Chain

E2open

Byrne, VP and GM, Forecasting Solutions, E2open. They employ time series analysis to create forecasts based solely on prior sales. Demand sensing uses current information from across the supply chain to create accurate forecasts that are in tune with market realities. How the Terra Acquisition Fits Into the Future Supply Chain.

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Walmart and the Past, Present, and Future of RFID

AB&R

Walmart’s RFID journey Walmart announced in 2003 that its top 100 suppliers must tag their pallets and cases starting by 2005. The data captured will provide actionable insight into your stock, whether it be for forecasting or locating purposes. Even so, businesses have eyed RFID for many years.

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5 Spooky Excel Error Tales That Could Become Your Nightmare

Arkieva

Tale #1: The Billion-Dollar Forecasting Error With Walgreens. billion forecasting error for the 2016 fiscal pharmacy-unit earnings, calculated based on contracts to sell medications under medicare. Due to this, Excel should be used a supplemental (presentational tool) that works with your preexisting forecasting or data analysis tool.