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2020 Requires Big Wings and Feet

Supply Chain Shaman

Over the course of the last two weeks, I find myself sitting in CFO offices attempting to explain how financial leadership can drive supply chain improvement. 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?

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Will inflation rage the longest in the UK?

Taulia

Post-Ukraine energy prices are, of course, a key factor, with the UK a significant net importer of energy, and they no doubt played a role in sustaining inflation throughout 2022. However, this policy response is not without cost, with the IMF now forecasting the UK economy to contract by 0.6% Why is the UK so acutely exposed?

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Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

Three Steps to a Better Statistical Forecast Setup. Arkieva COO – Sujit Singh, outlines three essential steps to better statistical forecasting — simulate, measure, refine. She shared that her business had implemented a statistical forecasting package from one of the leading vendors during the previous year.

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VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Orbit Chart of VTech for the Period of 2006-2015 at the Intersection of Operating Margin and Inventory Turns . When we acquired the rights to the ATT product, there were large inventory write-offs. Operating Margin.

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

Precoro

Accounting policies and assumptions in areas such as inventory valuation methods, depreciation methods, and criteria for estimating fair value. Trade payables typically refer to amounts owed for purchases of inventory or other goods and services directly related to the company's core operations.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

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Becoming a High Performing Sense and Respond Enterprise: End-to-End Supply Chain Visibility is Key

Talking Logistics

Prescriptive analytics helps companies decide the best course of action to take given certain business objectives, requirements and constraints. Per Gartner the quantitative benefits include: Inventory savings of 20% of value. Increased forecast accuracy of about 25%. Improved SLAs to consistent 98% levels.