Remove 2007 Remove Apparel Remove Forecasting Remove Sourcing
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2020 Requires Big Wings and Feet

Supply Chain Shaman

The budget is not sufficient and is often a detrimental input for supply chain forecasting. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? There are many reasons why the budget cannot be used as a supply chain forecast. The supply chain forecast is a rolling forecast.

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Walmart and the Past, Present, and Future of RFID

AB&R

The initiative was officially put on hold in 2007 as a result. In 2020, Walmart tested RFID again in its apparel departments. The data captured will provide actionable insight into your stock, whether it be for forecasting or locating purposes. Ultimately, though, tags were expensive, and the technology was not reliable enough.

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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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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.

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Walmart and the Past, Present, and Future of RFID

AB&R

The initiative was officially put on hold in 2007 as a result [2]. In 2020, Walmart tested RFID again in its apparel departments. The data captured will provide actionable insight into your stock, whether it be for forecasting or locating purposes. With the challenging start, one can only ask…. Why try again now? HAVE QUESTIONS?