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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 number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” The supply chain forecast is a rolling forecast.

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It Ain’t Easy Being Easy!

Supply Chain Insights

It hasn’t been too long ago that a typical consumer products manufacturer rep would replicate last year’s plan, make any adjustments for an account’s expanded stores, new markets, or new product launches, and dub it the new current year forecast. These guys were great at what they did. about 45% of the trade promotions fail).

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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. Global supply chain pressures took their toll as Asian manufacturing hubs struggled to keep up with demand from other markets that had emerged from lockdowns.

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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

VTech drove significant improvement in operating margin through the recession of 2007-2009 and then drove improvement in both inventory margin and operating margin for the period of 2010-2012 with some regression in the period of 2013-2015. The North American operation is the top manufacturer in the US cordless market.

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

Logistics Bureau

Deere & Company (brand name John Deere) is famed for the manufacture and supply of machinery used in agriculture, construction, and forestry, as well as diesel engines and lawn care equipment. One of the world’s largest manufacturers of computer chips, Intel needs little introduction. Deere & Company.

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

Precoro

Here we've prepared a visual comparison of some differences that exist between GAAP and IFRS and that influence the AP process: It's important to note that since 2007, foreign corporations with US registrations don't need to reconcile their financial reports according to GAAP if they already adhere to IFRS.