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2020 Requires Big Wings and Feet

Supply Chain Shaman

The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Time horizon. Bias and error. The reason why?

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Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. The Inventory Management Journey.

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. I remember December 2007 like yesterday. They are not. Reflection.

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This Week in Logistics News (August 26 – September 1)

Logistics Viewpoints

And when Mark Goodson and Bill Todman began shopping a modernized revival of The Price Is Right, Bob Barker joined on as the host, a role he would hold until his retirement in 2007. Flight activity in May and June, by comparison, was relatively stable. Until now, the minimum purchase for free shipping has been $25.

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GAAP for Accounts Payable: What it is and why it's important

Precoro

Accurate financial reporting is crucial for maintaining transparency, complying with laws and market regulations, and building trust in relationships with suppliers, creditors, and investors. According to Ardent Partners , 48% of AP leaders see improving AP reporting and data analytics as a strategic priority for 2023.

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Logistics Service Providers (LSP): 3PL vs 4PL vs 5PL

SCMDOJO

It also covers logistical IT systems and analytical services for track & trace of the status of various products’ transportation. They can save corporate capital on expenses and give customers much speedier services due to their connections and incentives (Li, 2007). link] Retrieved from [link] Kennedy, A. 2020, 03 02).

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Ecommerce Venture Capital Trends: Which VCs & Seed Investors are Investing in Ecommerce?

ShipBob

It has been forecasted that by 2040, approximately 95% of all purchases will be facilitated by ecommerce. It was the world’s largest VC firm in 2007 with over $20 million in assets during the year. Founded in 2006, this firm is slightly newer in comparison to others. Greycroft Partners. Product sourcing.

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