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Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. Today’s organization is less aligned than in 2004. Organizational Alignment Organizational Alignment in 2019 I believe that there are five root issues increasing inventory: Decrease in Forecastability. Bloated inventories.

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Transversing the Paradox River

Supply Chain Shaman

In 2004, my research showed a bell curve of innovators and laggards. I often laugh when companies ask me to define a good forecast. For me, a good forecast has zero demand latency, minimal bullwhip effect, little bias, and improvement in Forecast Value Added (FVA) analysis. Innovation.

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Untangling The Tangled Web We Weave

Supply Chain Shaman

The year was 2004. Comparison Overtime with Supply Chain Planning Implementations % of Inventory as Safety Stock Forecastablity Leadtime My Experience with Rolling Out Supply Chain Planning in the 1990s 50-55% 85-90% of items were forecastable with a COV less than.3 An Answer I Got Wrong Let me start with a story. Measurement.

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A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

In 2004, I worked with a Midwest North American meatpacker to help define its supply chain strategy. In 2004, I worked with the client to help define specifications and shortlist potential solutions. The organization is not clear on the role of the forecast. What do I mean? To illustrate, let me share a story.

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The March of the Lemmings.

Supply Chain Shaman

The first report was published when I working at AMR Research (now Gartner) in 2004. As a result, the company, at the end of the five-year implementation, is unable to roll-up data to a corporate level to analyze the forecast or capacity planning. The technologies, implemented by a large system integrator, degraded the forecast by 31%.

S&OP 169
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Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. Clear communication regarding demand forecasts, inventory levels, and potential disruptions can help suppliers plan their production and deliveries more efficiently.

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Campbell Soup Company upgrades Demand Sensing

Supply Chain Movement

The upgrade will enhance Campbell’s forecast accuracy to better meet the needs of retailers and consumers. Demand Sensing allows us to make supply decisions using forecasts reflecting current market realities rather than historical estimates. was the next logical step.