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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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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. It was a tedious effort, but, overall, rather easy.

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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

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 ATT forecasting process at that time was best described as a séance. The answer was simple.

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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.

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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. In fact, during 2007 and 2008, Starbucks leadership began to have severe doubts about the company’s ability to supply its 16,700 outlets.