Remove 2007 Remove Distribution Remove Forecasting Remove Manufacturing
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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Supply chain visibility often means “where’s my stuff,” or the ability to trace parts in transit from the manufacturer to the final destination. What is supply chain visibility?

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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.

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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. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%. I remember December 2007 like yesterday.

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Walmart and the Past, Present, and Future of RFID

AB&R

The initiative was officially put on hold in 2007 as a result. Opportunities for manufacturing Walmart is not the only retailer that requires RFID – and you can expect many to follow suit. As more follow in Walmart’s footsteps, we predict retailers purchasing your manufactured goods will also start asking for RFID-labeled items.

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. All of the information about a product, its sub-assemblies, components, and its distribution path to market can all be traced transparently through blockchain. fashion, automotive, spare parts, airlines). In addition to Industry 4.0,

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Staying Ahead of Supply Chain Paradigms – LogiSYM September 2020

The Logistics & Supply Chain Management Society

Experts and pundits are forecasting wholesale changes to every industry and every part of life, but only a minority of these forecasts of massive, permanent change will bear out. Others are wishful thinking on the part of ideologically or emotionally motivated forecasters,” writes the firm on their website.

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

GlobalTranz

is one of a growing number of big-box retailers building out their supply chains with distribution centers designed to meet the demands of online shopping. Benefits from its supply chain efficiency result in time savings, more cost-effective inventory management and improved product forecasting, the article said. Decades in the Making.

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