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Avoiding Dead-end Streets As We Build the Future of Supply Chain Planning

Supply Chain Shaman

I forecast this disruption period as the new normal is not over. At the beginning of the pandemic, the forecasted period of disruption of seven-to-eight months. Seasoned supply chain professionals used the mental model from the recession of 2007 as a guidepost.) Forecast Sharing. Sales Forecasting.

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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. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Measure it.

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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. Current Levels of Inventory.

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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. 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. The focus is on channel data: price; inventory positions; and policies. We then began the discussion on outside-in processes. Market-Driven Processes.

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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. Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. Have we lost the knowledge of how to be profitable during periods of high inflation? Tech bubble burst.