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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

Because we call it a supply chain for a reason – each link is connected, so if you rattle one link, you rattle the entire chain, as Boeing famously discovered in 2007 when a bolts and screws shortage delayed their Dreamliner. But the opposite is not true – if you optimize one link, you have not optimized the entire supply chain.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

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? There are many reasons why the budget cannot be used as a supply chain forecast. The supply chain forecast is a rolling forecast.

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Predictive demand can propose prices changes, subject to stock levels and replenishment capacity. Customer centricity is not about setting a company strategy through the forecasted demand of the product portfolio in the market. For instance, suppliers can provide twoway early warnings, that increases responsiveness in the supply chain.

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Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. Market-Driven Processes. Demand Sensing.

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Supply Chain Planning and an Uncertain Economy

Arkieva

Dale Davidson, famed economist who predicted the economy collapse of 1999 and 2007 warns, “Don’t imply that a 50% collapse is looming – it’s already at our doorstep.” Take, for example, forecasting improvements. Improvements to forecast accuracy can enable efficiencies and improve responsiveness to market conditions.

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Staying Ahead of Supply Chain Paradigms – LogiSYM September 2020

The Logistics & Supply Chain Management Society

Experts and pundits are forecasting wholesale changes to every industry and every part of life, but only a minority of these forecasts of massive, permanent change will bear out. Others are wishful thinking on the part of ideologically or emotionally motivated forecasters,” writes the firm on their website.

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Spreadsheets – A Look Back

Kinaxis

From our eBook, S&OP in the 21st century , “An audit of 50 corporate spreadsheets in 2007 revealed that 94% had errors… one for $100 million!” An error in forecasting made by one function will almost always have an impact on at least one or more other functions. You can’t throw more hardware at them to expand their capacity.