Remove 2007 Remove Capacity Remove Forecasting Remove Manufacturing
article thumbnail

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

Logistics Viewpoints

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Supply chain visibility often means “where’s my stuff,” or the ability to trace parts in transit from the manufacturer to the final destination. What is supply chain visibility? Agility to act on transparency.

article thumbnail

2020 Requires Big Wings and Feet

Supply Chain Shaman

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

The Logistics & Supply Chain Management Society

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. 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.

article thumbnail

6 WAYS TO MITIGATE COVID-19’S IMPACT ON YOUR SUPPLY CHAIN

Bristlecone

The financial crisis of 2007-08 was referred to as a black swan event because it caused catastrophic damage to the global economy and triggered widespread disruption to people’s lives. Super-efficient supply chains with accurate forecasting and well-managed inventories worked fine until the virus hit us.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Weathering the Next Recession

synchrono

The global economic recession that started in 2007/2008 hit the manufacturing sector hard. In February of 2009, The Economist even published a piece called The Collapse of Manufacturing. The auto industry, like many other manufacturing sectors, was awash in excess capacity. Demand-Driven Manufacturing can help.