Supply Chain Shaman

OCTOBER 8, 2019

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. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? 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

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

The Logistics & Supply Chain Management Society

JULY 20, 2020

exact location of goods (on order, in transit, or in a warehouse)). Products we infrequently order are not stored in regular Amazon warehouses. When we closed the doors due to COVID-19 for more than a month, one of the options was to spend time reading books. billion (based on 2018 sales). Customer Centricity. Olhager, J.,

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

APRIL 7, 2016

2) Market-Driven Forecasting. Inside-out, traditional processes forecasting processes use statistical methods to predict the future based on order and shipment patterns. So, what are the market signals to model to forecast demand at the cadence of the market? How can you build market-driven forecasting processes?

Supply Chain Design Software 150

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

Arkieva

JANUARY 6, 2017

Three Steps to a Better Statistical Forecast Setup. Arkieva COO – Sujit Singh, outlines three essential steps to better statistical forecasting — simulate, measure, refine. She shared that her business had implemented a statistical forecasting package from one of the leading vendors during the previous year.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

NC State SCRC

JULY 29, 2017

In my new book “ The Living Supply Chain ” co-written with Tom Linton, we reflect on the new capabilities required to be able to work with the evolving imperative of real-time data. Two key concepts reflect the core elements of real-time supply chains. Much of the data is “integrated” (e.g.,

Real-time Visibility 40

Real-time Visibility Supply Chain Planning Software Modeling Supply Chain Software 40