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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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Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

To help, I wrote a few definitions on the board: Demand-Driven Processes. A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. An example of a global demand network is IBM iBAT.

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Supply Chain Planning and an Uncertain Economy

Arkieva

Dale Davidson, famed economist who predicted the economy collapse of 1999 and 2007 warns, “Don’t imply that a 50% collapse is looming – it’s already at our doorstep.” During uncertain times, a good demand plan and supply chain strategy is the cornerstone that can deliver both cost and asset turnover.

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Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

GlobalTranz

Benefits from its supply chain efficiency result in time savings, more cost-effective inventory management and improved product forecasting, the article said. The operations portion of a supply chain focuses on demand planning, forecasting, and inventory management. Decades in the Making. Gilmore, Dan. “50 scdigest.com.

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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.

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How Can We Heal the Global Supply Chain?

Supply Chain Shaman

If you trace the year-over-year pattern, you can see that P&G made progress on inventory turns and operating margin 2006-2007, 2009-2010. Collaborative sales forecasting input leads to increased bias and error. My advice for the global supply chain leader is not waste your time asking the sales team to forecast.