Remove 2007 Remove 2016 Remove Forecasting Remove Sourcing
article thumbnail

Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. ” Her answer was telling.

article thumbnail

Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

source: tradingeconomics.com. Forecast: Core rate 1.4% source: thebalance.com. The law of supply and demand, coupled with other environmental and political factors, have led to two months of inflation that are higher than we have seen in 30 years (see table below). ?. It hasn’t been lost here at Herlitz Inventory Management!

Insiders

Sign Up for our Newsletter

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

article thumbnail

Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. Market-Driven Processes. Demand Sensing.

article thumbnail

Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

Just in case you missed some of our supply chain strategy posts , we’ve compiled a list of our popular supply chain posts from 2016 below (ranked based on shares and views). Here is a list of the Top 20 Supply Chain Strategy Blog Posts from 2016. Three Steps to a Better Statistical Forecast Setup. Please subscribe here.

article thumbnail

Building Outside-In Processes

Supply Chain Shaman

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. 2) Market-Driven Forecasting. Demand latency has grown. Reduce latency.

article thumbnail

Managerial Practice Will Need to Catch up with the Emergence of Real-time Supply Chains

NC State SCRC

Examples include the multiple layers of approvals for purchase orders, delays in decisions when a forecast deviation occurs, or the lack of response when a major disruption shuts down shipments to customers. Examples of visibility include demand visibility, market visibility, and supply visibility. This phenomenon is so new (e.g.

article thumbnail

The future of emergency management

DELMIA Quintiq

As the Internet of Things (IoT) develops apace and social media becomes omnipresent, more data than ever is being consumed from a myriad of sources. A real life example of operating environment complexity occurred in Melbourne, Australia on 21 November 2016. Community expectations are high and growing.