Remove 2007 Remove Boston Remove Forecasting Remove Warehousing
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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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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

exact location of goods (on order, in transit, or in a warehouse)). Products we infrequently order are not stored in regular Amazon warehouses. 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. Olhager, J.,

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Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

In parallel, three more raised their hands to speak on robotic automation in their warehouses focused on the redefinition of channel fulfillment. My forecast? When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession. Meanwhile, warehouse robotics is staging a market shift. The reason?