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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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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.

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Ocean Carrier Alliances: What You Need to Know

Talking Logistics

Carrier Alliances: Alliances cover multiple VSAs and carrier members jointly operate and decide on major service routes, new services being introduced, transit/service levels and capacity controls. During the Great Recession of 2007-2009, demand decreased rapidly for container shipping, causing a chain reaction for carriers.