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

OCTOBER 8, 2019

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. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? Background. Bias and error.

Supply Chain Design Software 183

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

Supply Chain Shaman

NOVEMBER 14, 2016

Price to Tangible Book Value. VTech drove significant improvement in operating margin through the recession of 2007-2009 and then drove improvement in both inventory margin and operating margin for the period of 2010-2012 with some regression in the period of 2013-2015. We first throw out the outliers in the (PTBV) calculation.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

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

MAY 30, 2019

Meanwhile, turbulence is the norm for manufacturing supply chains. My forecast? When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession. A few solutions optimize distribution and tactical manufacturing supply together through in-memory modeling. I watch in amusement. The answer?

Inventory Reduction 197

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 197

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. When we closed the doors due to COVID-19 for more than a month, one of the options was to spend time reading books. This challenge has contributed to the slowdown or cessation of production in some sectors (e.g. Customer Centricity.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Shaman

MARCH 8, 2016

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.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150