2007 Definition Forecasting Procurement 
Supply Chain Shaman
SEPTEMBER 22, 2022
” Let’s start with a definition. I forecast this disruption period as the new normal is not over. At the beginning of the pandemic, the forecasted period of disruption of seven-to-eight months. Seasoned supply chain professionals used the mental model from the recession of 2007 as a guidepost.)
Supply Chain Shaman
APRIL 9, 2021
Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Commercial and operating teams in manufacturing organizations greater than 5B$ in annual revenue were more aligned in 2007, at the beginning of the recession, than in 2020, the start of the pandemic. Alignment Barriers.
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Supply Chain Shaman
FEBRUARY 14, 2022
Tight coupling of the supply chain forecast to the financial forecast will improve value. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Even when I proved that the process was degrading the forecast by 35-60%, companies still clung to a wrong number. Don’t believe me? Measure it.
Supply Chain Shaman
SEPTEMBER 22, 2021
As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Lockdowns and Disbelief.
Supply Chain Shaman
OCTOBER 8, 2019
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? There are many reasons why the budget cannot be used as a supply chain forecast. The supply chain forecast is a rolling forecast.
Supply Chain Shaman
MAY 30, 2019
The chemical industry is the first to feel a recession, and the early travel freezes is a definite caution flag. My forecast? When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession. For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay.
Supply Chain Shaman
MARCH 8, 2016
The initial software product release name was Real-Time Forecasting. DS replaced rules-based forecast consumption with better math (statistics and pattern recognition). In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. It is a new buyer.
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