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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. The Future.

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

Supply Chain Shaman

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) 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 The process mistakes include: Mistake #1.

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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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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. Value Network Work Is Stalled.

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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. HAVE QUESTIONS? WE’RE HERE FOR YOU.

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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. source: tradingeconomics.com. Have we lost the knowledge of how to be profitable during periods of high inflation?

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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.