Remove 2007 Remove Analytics Remove Forecasting Remove Procurement
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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. Alignment Barriers.

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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. ” Her answer was telling.

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

Supply Chain Shaman

Tight coupling of the supply chain forecast to the financial forecast will improve value. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Even when I proved that the process was degrading the forecast by 35-60%, companies still clung to a wrong number. Don’t believe me? Measure it.

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Standing on the Frontlines of Logistics Change and Volatility Armed with Tech-driven Resiliency

CH Robinson Transportfolio

March 2007 John F. Gantz, David Reinsel and other researchers at IDC release a white paper titled “ The Expanding Digital Universe: A Forecast of Worldwide Information Growth through 2010 (PDF).” And in this new era of innovation, where increasing supply chain resiliency and agility is key, we cannot stand idle. Same study stated that.

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Why Your Approach to MDM Matters: Single Domain MDM Versus Multidomain MDM

HICX Solutions

Underlining its importance, a Market Study Report forecasts that the total MDM market will reach USD 57.7 McGraw Hill, 2007. Supplier Information Management (SIM), underpinned by MDM, is therefore leading the digital transformation in Procurement. billion by 2025, representing an increase of over 20% from 2018.

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GAAP for Accounts Payable: What it is and why it's important

Precoro

According to Ardent Partners , 48% of AP leaders see improving AP reporting and data analytics as a strategic priority for 2023. For example, it may be complicated for companies to manage the procurement of inventory, which impacts the cost of goods sold (COGS) and inventory valuation.

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Why Your Approach to MDM Matters: Single Domain MDM Versus Multidomain MDM

HICX Solutions

Underlining its importance, a Market Study Report forecasts that the total MDM market will reach USD 57.7 McGraw Hill, 2007. Supplier Information Management (SIM), underpinned by MDM, is therefore leading the digital transformation in Procurement. billion by 2025, representing an increase of over 20% from 2018.