Supply Chain Shaman

OCTOBER 8, 2019

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?

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Supply Chain Insights

AUGUST 3, 2017

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).

Vendor Strategies 110

Vendor Strategies Optimal Sourcing Resource Reduction Price Reduction 110

Arkieva

JANUARY 6, 2017

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.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

Precoro

JUNE 21, 2023

Trade payables typically refer to amounts owed for purchases of inventory or other goods and services directly related to the company's core operations. Saving and organizing documents and records for AP transactions, such as purchase orders , receipts, vendor invoices, and payment records.

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

Logistics Bureau

MAY 24, 2019

In fact, during 2007 and 2008, Starbucks leadership began to have severe doubts about the company’s ability to supply its 16,700 outlets. The company grew substantially over the course of two decades, achieving a considerable portion of that growth by way of acquisitions.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

ShipBob

AUGUST 3, 2020

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. Product sourcing is the process of purchasing or creating products that you can sell. Product sourcing.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105

Talking Logistics

MARCH 23, 2016

Prescriptive analytics envision many different scenarios using intelligence gathered in real-time, and presents an optimal solution. Prescriptive analytics helps companies decide the best course of action to take given certain business objectives, requirements and constraints. Increased forecast accuracy of about 25%.

Supply and Demand 100

Supply and Demand Supply Chain Visibility Prescriptive Analytics Software Real-time Visibility 100