Supply Chain News on MAPI Projects US will Finally Surpass Peak 2007 Manufacturing Output in 2019

Supply Chain Digest

MAPI Nearly Doubles its Forecast of Manufacturing Growth through 2021, with Even the Apparel Sector Seeing Some Goods News

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%.

Apple Cuts Revenue Forecast, Citing Weak China iPhone Sales amid Trade Tensions

Supply Chain 24/7

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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.” Take, for example, forecasting improvements. The end is nigh; is that a good thing or bad thing?

Kimberly-Clark Makes Sense of Demand

E2open

So when store supplies for the company’s retail partners are out of synch with production forecasts it can have a very real impact on the $20.8 The company implemented Multi-Enterprise Demand Sensing to gain more visibility into real-time demand trends and improve forecast accuracy.

2020 Requires Big Wings and Feet

Supply Chain Shaman

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. It has been awhile.

Want to hire the next generation? It’s time for a software update.

Kinaxis

Gen Z is the first generation of true digital natives — the iPhone was released in 2007 when the oldest were 10 years old. Planners can run complex forecasts and what-if scenarios within the application without exporting, analyzing, and emailing Excel spreadsheets.

Sweetgreen: Sustainable Supply Chains in Farm-to-Table Restaurants

The UCLA Anderson Global Supply Chain Blog

Sweetgreen is a restaurant that was founded in 2007 in Washington, D.C Some of them include: dual sourcing, distributor controls, information sharing, and forecasting. . Luiza Niemeyer, Claudia Sanchez, and Felipe Caro.

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

Cerasis

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. 17, 2007.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

My forecast? When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession. Most are clueless about driving a better-planned order flow from tactical planning to procurement or transportation planning or how to improve forecast-value-added (FVA) processes.

Balance and Segmentation – What the Election Can Teach Supply Chain

Kinaxis

Source: © 2007 AMR Research, Inc. | Page 5. Figure 2: Forecast Accuracy vs Sales Volatility. Source: Gilliland, Michael; Sglavo, Udo; F ocus on Forecasting: Worst Practices in Business Forecasting , 2010.

Out of Africa

Supply Chain Shaman

Mobile penetration is forecasted to be 85% of the households in Afria by 2015. It started with simple money transfers in 2007 and now includes a range of services. He forecasted that today, robotics could save 10% of logistics labor costs.

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Becoming a High Performing Sense and Respond Enterprise: End-to-End Supply Chain Visibility is Key

Talking Logistics

Increased forecast accuracy of about 25%. Since November 2007, Ed’s contributions in the advancement of technology and business networks are delivering many impactful outcomes for clients. As supply chains extend globally, they become more complex.

Spreadsheets – A Look Back

Kinaxis

From our eBook, S&OP in the 21st century , “An audit of 50 corporate spreadsheets in 2007 revealed that 94% had errors… one for $100 million!” An error in forecasting made by one function will almost always have an impact on at least one or more other functions.

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

Supply Chain Shaman

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. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment.

Segmenting Supply Chain using Portfolio Matrix (2x2 Matrix)

Supply Chain Opz

But the quick and easy way is to sort product by volume and use the level of forecast error (MAPE or MAD) to determine the level of variability then put everything into a quadrant. NAVIGATE. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy. Blogroll.

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It Ain’t Easy Being Easy!

Supply Chain Insights

It hasn’t been too long ago that a typical consumer products manufacturer rep would replicate last year’s plan, make any adjustments for an account’s expanded stores, new markets, or new product launches, and dub it the new current year forecast.

Building Outside-In Processes

Supply Chain Shaman

2) Market-Driven Forecasting. Inside-out, traditional processes forecasting processes use statistical methods to predict the future based on order and shipment patterns. So, what are the market signals to model to forecast demand at the cadence of the market?

Nine Myths of S&OP Technology Selection

Supply Chain Shaman

When I wrote a summary report at AMR Research in 2007 and 2009, there were two or 6% of the market. In the most mature S&OP processes, S&OP is an update to budget forecasts updates. Sales and Operations Planning (S&OP) is in a renaissance. The reason?

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How Carrier Technology Affects Your Supply Chain

CH Robinson Transportfolio

From a shipper’s perspective, new supply chain technology means things like visibility to shipments, proactive notifications before disruptions occur, and better forecasting for future improvements. Robinson in 2007. How Carrier Technology Affects Your Supply Chain | Transportfolio.

6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. By Maha Muzumdar.

How Are You Analyzing and Adjusting to the Mobile Shopper?

Birst Supply Chain

Just as Steve Jobs reinvented an entire industry in 2007 when he introduced a mobile gadget called the iPhone, retailers have an opportunity to reinvent themselves by leveraging data generated by the mobile shopper. Every retailer is facing a similar challenge.

Managerial Practice Will Need to Catch up with the Emergence of Real-time Supply Chains

NC State SCRC

2007). Examples include the multiple layers of approvals for purchase orders, delays in decisions when a forecast deviation occurs, or the lack of response when a major disruption shuts down shipments to customers. In my new book “ The Living Supply Chain ” co-written with Tom Linton, we reflect on the new capabilities required to be able to work with the evolving imperative of real-time data. Two key concepts reflect the core elements of real-time supply chains.

Effective Product Transitions in Complex BOM Environments

Kinaxis

Avaya has been a Kinaxis customer since 2007 and has generated tremendous value from the use of RapidResponse. What we needed were the data and analytics to allow us to proactively change the forecast based on how quickly our customers were changing over to the new products. by Alexa Cheater This is a guest post by Jack Walsh, manager of the Kinaxis Center of Excellence for Avaya.

7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

In fact, during 2007 and 2008, Starbucks leadership began to have severe doubts about the company’s ability to supply its 16,700 outlets. Sunsweet was using a manual forecasting approach, with spreadsheets being the only technology involved.

Major Trends Impacting the Pharmaceutical Supply Chain Ecosystem

Supply Chain View from the Field

Looking at global figures, growth in the consumption of drugs has increased 32 percent from $735 billion in 2007 to $965 billion in 2012, and consumption is projected to reach about $1.2 Double-digit growth is forecasted for emerging and developing markets, while the G6 are predicted to show negative growth in revenue and only modest growth in volume. As “Obamacare” continues to plow forward, the effects on the healthcare environment are slowly but surely being felt.

Logistics Services Providers Make Progress against Green Targets

BluJay Solutions

The key difference with this type of measurement is that it will need to deliver an accurate forecast in advance.

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. Understandably, she was pretty low on the value proposition of statistical forecasting.

S&OP, a vision for the future. The expert interview series #7

Supply Chain Trend

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. Introduction. In the last 30 years S&OP improved performance in many businesses.

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The future of emergency management

DELMIA Quintiq

Thunderstorms were forecasted for the metropolitan area but there was no expectation that a major health emergency would be triggered as a result. The number of emergency calls logged during the peak of the event was an increase of 593% on forecasted call volumes.

Why Is It So Hard to Find Good Help These Days?

Material Handling & Logistics

Further, if one does a Google search on data science groups in private industry, numerous large industry groups formed just since 2007 appear. This problem starts with sales forecasting, which in e-commerce is even more difficult than at the store-level.

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List of Top 65 Marketplaces Across the Globe in 2019

Vinculum

With more than 4 million customers and the forecasted GMV of £20 billion by 2020 , Jet is highly recognized and trusted marketplace in the US. Launched in 2007, Flipkart is India’s leading ecommerce marketplace with over 80 million products across 80+ categories and sub-categories.