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Will the Downturn Signal an Upturn?

Supply Chain Shaman

As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. The supply chain needs to respond to market demand and consumer sentiment. Demand processes are evolving. I remember December 2007 like yesterday.

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My Take: E2open Buys Terra Technology

Supply Chain Shaman

The initial software product release name was Real-Time Forecasting. The product naming convention changed to Demand Sensing (DS) in 2005. DS replaced rules-based forecast consumption with better math (statistics and pattern recognition). The lack of strong demand capabilities will be an Achilles’ heel.

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6 WAYS TO MITIGATE COVID-19’S IMPACT ON YOUR SUPPLY CHAIN

Bristlecone

The financial crisis of 2007-08 was referred to as a black swan event because it caused catastrophic damage to the global economy and triggered widespread disruption to people’s lives. Super-efficient supply chains with accurate forecasting and well-managed inventories worked fine until the virus hit us.