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

Supply Chain Shaman

Tight coupling of the supply chain forecast to the financial forecast will improve value. Industries carried on average 32 days more inventory in 2020 than in 2007. (I I am shocked to see how the lack of governance–clarity on who and how to make decisions–derails well-intended processes. Measure it.

S&OP 195
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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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Want to hire the next generation? It’s time for a software update.

Kinaxis

The supply chain recruiter’s dilemma: How to compete with digitally-savvy companies. Gen Z is the first generation of true digital natives — the iPhone was released in 2007 when the oldest were 10 years old. Instead, they want something simpler: state-of-the-art workplace technology.

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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. There are still variables, but experts in the industry are aware of them and know how to bypass them. The data captured will provide actionable insight into your stock, whether it be for forecasting or locating purposes.

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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. Market-Driven Processes. Demand Sensing.

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Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

How to Remain Profitable During Periods of High Inflation with Forward Buying. Anders Herlitz used to lecture on how to buy forward profitably and how to negotiate with vendors for win-win deals. Have we lost the knowledge of how to be profitable during periods of high inflation? Forecast: Core rate 1.4%

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Segmenting Supply Chain using Portfolio Matrix (2x2 Matrix)

Supply Chain Opz

But, how should companies ensure that the process is done systematically and timely? This article will show you how to use a simple 2x2 matrix system to segment supply chain with examples across various functions. Supply Chain Segmentation is the planning process that links a corporate strategy to the executions.