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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Commercial and operating teams in manufacturing organizations greater than 5B$ in annual revenue were more aligned in 2007, at the beginning of the recession, than in 2020, the start of the pandemic. Mistake #3.

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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

They gave lip service to the need for IT standardization, but ran their process on a custom built model that enabled reverse bill of material, and profitability analysis. They were ahead of their time on simulation analysis and cross-functional orchestration.). Why do we have 32 days more inventory by company in 2020 than in 2007?

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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

Because we call it a supply chain for a reason – each link is connected, so if you rattle one link, you rattle the entire chain, as Boeing famously discovered in 2007 when a bolts and screws shortage delayed their Dreamliner. Scenario analysis allows you to weigh alternatives by calculating the effects of possible changes.

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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. Lockdowns and Disbelief.

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Data acquisition and filtering and scenario analysis are time consuming practices in supply chain. Data can be extracted from systems but the analysis and interpretation for decision making relies upon the analytic skills of supply chain leaders. Efficiency and cost management. Supply Chain Resilience. Customer Centricity. Olhager, J.,

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%. I remember December 2007 like yesterday.

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Want to hire the next generation? It’s time for a software update.

Kinaxis

Gen Z is the first generation of true digital natives — the iPhone was released in 2007 when the oldest were 10 years old. In Cecere’s surveys of supply chain professionals, she finds that supply chain planners from all backgrounds are ready for software that’s modern, easy-to-use and capable of performing complex analysis without Excel.