Remove 2007 Remove Eliminating Excel in Purchasing Remove Forecasting Remove Just-in-Time
article thumbnail

Calibration and Sharpness: The Two Independent Aspects of Forecast Quality

BlueYonder

What Is a Good Forecast? Forecasts are like friends: Trust is the most important factor (you don’t ever want your friends to lie to you), but among your trustable friends, you prefer meeting those that tell you the most interesting stories. We want forecasts to be “good,” “accurate,” and “precise.” But what do we mean by that?

article thumbnail

How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) (I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) At the time, I was fascinated how the most mature teams bucked the system. Sales and Operations Maturity Model from 2005-2008.

S&OP 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lifting The Gray Curtain

Supply Chain Shaman

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. The question is, “Why?”

article thumbnail

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. Slowly, more and more companies are waking up to the cold, and hard facts.

article thumbnail

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

For example, Friday, I spent an hour on the phone with Bonvoy (the new Marriott branding) to get disconnected three times. New bots are a waste of everyone’s time, and the voice automated Bonvoy service ineffective a holiday weekend. My forecast? The news from these events? Sadly, the news is no new news. I watch in amusement.

article thumbnail

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

GlobalTranz

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” It adds: “We believe a business should strive for not just the lowest prices, but the lowest true cost for all. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year. .”

Gartner 120
article thumbnail

Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

Just in case you missed some of our supply chain strategy posts , we’ve compiled a list of our popular supply chain posts from 2016 below (ranked based on shares and views). The ABCDs of an Excellent Supply Chain. The ABCDs of an Excellent Supply Chain. Three Steps to a Better Statistical Forecast Setup. Read More ».