Remove 2007 Remove Blog Remove Forecasting Remove Manufacturing
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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. 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

S&OP 195
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2020 Requires Big Wings and Feet

Supply Chain Shaman

This blog post formed in my head as I worked with clients this month. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” The budget is not sufficient and is often a detrimental input for supply chain forecasting. Background. Bias and error.

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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.

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

Arkieva

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Here is a list of the Top 20 Supply Chain Strategy Blog Posts from 2016. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent?

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My Take: E2open Buys Terra Technology

Supply Chain Shaman

The initial software product release name was Real-Time Forecasting. DS replaced rules-based forecast consumption with better math (statistics and pattern recognition). In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The Path Forward.

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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. Opportunities for manufacturing Walmart is not the only retailer that requires RFID – and you can expect many to follow suit. As more follow in Walmart’s footsteps, we predict retailers purchasing your manufactured goods will also start asking for RFID-labeled items.