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

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Customer centricity is not about setting a company strategy through the forecasted demand of the product portfolio in the market. Boston: Springer), pp.413–422. fashion, automotive, spare parts, airlines). 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

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. Kearney, Boston Consulting Group, Cap Gemini, Deloitte, E&Y, IBM, and McKinsey, they get more of the same. I watch in amusement. The reason?

Inventory Reduction 201

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 201