Remove 2007 Remove Conference Remove Forecasting Remove Manufacturing
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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Despite spending 1.1% Rise in Inventories. Less Effective at Inventory Management.

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Lifting The Gray Curtain

Supply Chain Shaman

One of the goals of the conference was to challenge the audience to redefine work. Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. I also forecast dismal retail performance for the holidays. Let’s look at the past to forecast the future: Phase 1.

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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

When my flight canceled, I was en route to the annual AMR conference in Phoenix. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Tight coupling of the supply chain forecast to the financial forecast will improve value.

S&OP 195
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2020 Requires Big Wings and Feet

Supply Chain Shaman

Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?”

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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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Out of Africa

Supply Chain Shaman

At over 1,000 delegates, the conference is a large supply chain event. There are few global conferences that can boast this level of attendance. The conference was heavily dominated by third-party logistics firms, consultants and technology providers. However, to capitalize on this opportunity, manufacturers need to step up.

Africa 230
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Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

As we discussed this drawing the dialogue flowed in the conference room. 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. The sharing forecasts in supplier relationships is of little value.