Supply Chain Shaman

FEBRUARY 14, 2022

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 I give you this evidence in this blog.). Even when I proved that the process was degrading the forecast by 35-60%, companies still clung to a wrong number.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

OCTOBER 8, 2019

This blog post formed in my head as I worked with clients this month. The design of the conference includes tours of several modern warehouses and centers of excellence. The budget is not sufficient and is often a detrimental input for supply chain forecasting. The supply chain forecast is a rolling forecast.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Arkieva

JANUARY 6, 2017

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?

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

EazyStock

MARCH 14, 2023

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.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Shaman

AUGUST 26, 2015

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.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Supply Chain Shaman

APRIL 7, 2016

During the afternoon, as I quietly held the pieces for Jake’s monster, my mind composed my blog post for the week. Today, supply chains do not use sentiment data–blogs, rating and reviews, social data on Twitter and Facebook, and call center logs in supply chain processes. 2) Market-Driven Forecasting. Reduce latency.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

AB&R

NOVEMBER 20, 2023

The initiative was officially put on hold in 2007 as a result. Opportunities for distributing There are hundreds of boxes, pallets, and products in your warehouse, all of which are important to track. The data captured will provide actionable insight into your stock, whether it be for forecasting or locating purposes.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52