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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Informational Technology groups reporting to the Chief Financial Officer.

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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

With this information, are you any closer to knowing what to do about it, or have you just enriched your ability to admire your problem and see it close up? If all the links can see the same information at the same time, they have both the transparency and agility they need to act collaboratively. Analytics inform decisions.

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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. Lockdowns and Disbelief.

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Existing data and information might be incomplete and inaccurate, feedback from the team might be delayed. is beyond information technology and more about exploring what the customer wants. Customer centricity is not about setting a company strategy through the forecasted demand of the product portfolio in the market.

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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 For years, Kimberly-Clark relied on historical data to guide forecasts, but that changed in 2007 when the company began a complete end-to-end overhaul of its supply chain and invested.

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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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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.