Supply Chain Shaman

AUGUST 26, 2015

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.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Customer centricity is not about setting a company strategy through the forecasted demand of the product portfolio in the market. This challenge has contributed to the slowdown or cessation of production in some sectors (e.g.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

AB&R

NOVEMBER 20, 2023

The initiative was officially put on hold in 2007 as a result. Opportunities for manufacturing Walmart is not the only retailer that requires RFID – and you can expect many to follow suit. As more follow in Walmart’s footsteps, we predict retailers purchasing your manufactured goods will also start asking for RFID-labeled items.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52

Supply Chain Shaman

MARCH 8, 2016

The initial software product release name was Real-Time Forecasting. DS replaced rules-based forecast consumption with better math (statistics and pattern recognition). In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The Path Forward.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Enterra Insights

MAY 6, 2020

The grim forecast underscored the magnitude of the shock that the pandemic has inflicted on both advanced and developing economies and the daunting task that policymakers face in containing the fallout.”[2] There have been eight official recessions (including the one that began in December 2007) in the last 50 years. ”[5].

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Material Savings Supply Chain Planning Software Supply Chain Strategy 100

Supply Chain Shaman

JUNE 4, 2013

However, to capitalize on this opportunity, manufacturers need to step up. The presence of large South African manufacturers was limited at the conference (as was the thought leadership of global multinationals with operations in Africa). Mobile penetration is forecasted to be 85% of the households in Afria by 2015.

Africa 229

Africa South Africa Internet of things Kenya 229

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. 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? What drives my passion?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Insights

AUGUST 3, 2017

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. These guys were great at what they did. about 45% of the trade promotions fail).

Vendor Strategies 110

Vendor Strategies Optimal Sourcing Resource Reduction Price Reduction 110

Supply Chain Shaman

AUGUST 14, 2016

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.

Material Savings 178

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 178

QAD

APRIL 21, 2020

What’s more, during the great recession of 2007-09, only major automakers like GM and Chrysler got bailouts – this time, many expect suppliers will once again be denied bailouts and be forced into declaring bankruptcy. According to LMC – globally, production is now forecasted to drop to 76.9 from a pre-pandemic forecast of 89.2

Automotive 113

Automotive Industrial Industry Negotiating Skills 113

AB&R

APRIL 12, 2022

The initiative was officially put on hold in 2007 as a result [2]. Opportunities for manufacturing. As more follow in Walmart’s footsteps, we predict retailers purchasing your manufactured goods will also start asking for RFID-labeled items. Ultimately, though, tags were expensive, and the technology was not reliable enough.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52

RFgen

MAY 2, 2014

Data capture systems that leverage RFID technology help manufacturing organizations manage information all the time. The economy is sending mixed signals about the health of the American manufacturing industry. is in the midst of a renaissance, and the following week there will be reports indicating manufacturing activity has slowed.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Forecasting Software Manufacturing 52

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Experts and pundits are forecasting wholesale changes to every industry and every part of life, but only a minority of these forecasts of massive, permanent change will bear out. Others are wishful thinking on the part of ideologically or emotionally motivated forecasters,” writes the firm on their website.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Modeling 100

Arkieva

MARCH 2, 2016

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.” If you are a retailer, manufacturer, or distributor, the day-to-day moves in the Dow neither drive nor necessarily reflect the day-to-day operations of your business.

Supply Chain Planning 60

Supply Chain Planning Scenario Planning Inventory Reduction Supply Chain Strategy 60

Supply Chain Matters

SEPTEMBER 23, 2023

In this second Supply Chain Matters reader update, we highlight the ongoing supply chain and manufacturing implications of the labor strike involving the three U.S. unionized auto companies. Specifically for the U.S. southern states where right to work and non-union labor laws are practiced. automakers facing bankruptcy.

Negotiating Skills 59

Negotiating Skills Cost Reduction Strategies Expense Reduction Inventory Reduction 59

RFgen

MAY 2, 2014

Data capture systems that leverage RFID technology help manufacturing organizations manage information all the time. The economy is sending mixed signals about the health of the American manufacturing industry. is in the midst of a renaissance, and the following week there will be reports indicating manufacturing activity has slowed.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Forecasting Software Manufacturing 40

GlobalTranz

MAY 13, 2015

Benefits from its supply chain efficiency result in time savings, more cost-effective inventory management and improved product forecasting, the article said. The retailer started dealing directly with manufacturers in the 1980s, giving suppliers the job of managing inventory in its warehouses, the Arkansas Business article said.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Oracle SCM

JULY 12, 2017

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. To be successful, products must be manufactured at the right cost, place, and time.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Taulia

MARCH 15, 2023

Global supply chain pressures took their toll as Asian manufacturing hubs struggled to keep up with demand from other markets that had emerged from lockdowns. However, this policy response is not without cost, with the IMF now forecasting the UK economy to contract by 0.6%

Ukraine 52

Ukraine Material Savings Germany Price Reduction 52

Logistics Bureau

MARCH 11, 2020

When leading economists start talking about a drop in manufacturing comparable to the start of the 2007-2008 global financial crisis, you can be sure that the world’s leading industries are in for a torrid few months. Moody’s Investor Service forecasts a drop of 2.5% Pinpointing the Industries Hit the Hardest. The Auto Industry.

Industrial 52

Industrial Industry Manufacturing Procurement Pharmaceutical 52

synchrono

DECEMBER 4, 2017

The global economic recession that started in 2007/2008 hit the manufacturing sector hard. In February of 2009, The Economist even published a piece called The Collapse of Manufacturing. The auto industry, like many other manufacturing sectors, was awash in excess capacity. Demand-Driven Manufacturing can help.

Capacity 69

Capacity Manufacturing Automotive Supply and Demand 69

RFgen

AUGUST 18, 2021

Accurately forecasting inventory amounts for end customers or spare parts is even more challenging. In order for manufacturers to handle product recalls without causing severe disruption to operations, they need to have strong data collection procedures in place. The automotive industry is no stranger to complex inventory management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Management Software Automotive 52

KEPLER Consulting

DECEMBER 11, 2019

However, it is essential to react quickly in order to prevent harmful effects due to the overload of the operational system (Véronneau and Cimon, 2007) and also to preserve a certain agility in for the Supply Chain. Contracting to assure supply : How to share demand forecasts in a supply chain”, Management science, vol. et Fischer M.,

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Material Savings Inventory Reduction 52

Arkieva

JANUARY 6, 2017

Three Steps to a Better Statistical Forecast Setup. Arkieva COO – Sujit Singh, outlines three essential steps to better statistical forecasting — simulate, measure, refine. She shared that her business had implemented a statistical forecasting package from one of the leading vendors during the previous year.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

Supply Chain Shaman

NOVEMBER 14, 2016

VTech drove significant improvement in operating margin through the recession of 2007-2009 and then drove improvement in both inventory margin and operating margin for the period of 2010-2012 with some regression in the period of 2013-2015. The North American operation is the top manufacturer in the US cordless market.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Shaman

JUNE 26, 2016

The traditional manufacturing job defined the middle class. Each time, I turn on the channel, manufacturing jobs frame the global debate. Ironically, as global manufacturing jobs decrease, there is a need for talent for the global supply chain. Collaborative sales forecasting input leads to increased bias and error.

Supply Chain Design Software 185

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 185

Infosys Supply Chain Management

MAY 25, 2012

Industrial Manufacturing. Over the past few years, Ive watched Aribas stunning repositioning as a serious on-demand player (yes, cloud hadnt become so fashionanble in 2007-08) with a lot of admiration, though as an SI, this meant a steadily eroding revenue pie. Supply Chain Planning & Forecasting (59). Automotive. Healthcare.

Pharmaceutical 22

Pharmaceutical Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 22

Bristlecone

MARCH 31, 2020

The financial crisis of 2007-08 was referred to as a black swan event because it caused catastrophic damage to the global economy and triggered widespread disruption to people’s lives. Super-efficient supply chains with accurate forecasting and well-managed inventories worked fine until the virus hit us.

Modeling 52

Modeling Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Precoro

JUNE 21, 2023

Here we've prepared a visual comparison of some differences that exist between GAAP and IFRS and that influence the AP process: It's important to note that since 2007, foreign corporations with US registrations don't need to reconcile their financial reports according to GAAP if they already adhere to IFRS.

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

Logistics Bureau

MAY 24, 2019

Deere & Company (brand name John Deere) is famed for the manufacture and supply of machinery used in agriculture, construction, and forestry, as well as diesel engines and lawn care equipment. One of the world’s largest manufacturers of computer chips, Intel needs little introduction. Deere & Company.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

Talking Logistics

MARCH 23, 2016

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. Elemica is the leading business network for industrial process manufacturers and their customers, suppliers, and logistics providers.

Supply and Demand 100

Supply and Demand Supply Chain Visibility Prescriptive Analytics Software Real-time Visibility 100

Supply Chain View from the Field

MARCH 29, 2014

A senior executive at a large pharmaceutical manufacturing company spoke on this issue recently, and mentioned several of these trends – and his words spell out a very different ecosystem than the one your mom and dad experienced… First, the number of prescriptions has significantly increased. In the U.S. trillion in 2017.

Pharmaceutical 104

Pharmaceutical Trends Supply Chain Planning Software Agile and Lean Supply Chain 104

ShipBob

AUGUST 3, 2020

It has been forecasted that by 2040, approximately 95% of all purchases will be facilitated by ecommerce. It was the world’s largest VC firm in 2007 with over $20 million in assets during the year. Some brands have a structural advantage to how they manufacture or an innovative way to how they distribute (e.g., Product sourcing.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105

Supply Chain Shaman

SEPTEMBER 22, 2022

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.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 395

Supply Chain Trend

DECEMBER 13, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. In the last 30 years S&OP improved performance in many businesses. Whatever maturity model or consultancy support companies use, S&OP seems to get stuck.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 60

Supply Chain Shaman

MAY 30, 2019

Meanwhile, turbulence is the norm for manufacturing supply chains. My forecast? When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession. A few solutions optimize distribution and tactical manufacturing supply together through in-memory modeling. I watch in amusement. The answer?

Inventory Reduction 196

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 196

Supply Chain Shaman

SEPTEMBER 10, 2017

Public markets reward growth, and the average growth for companies for the period of 2011-2016 was 1/3 the rate of growth for the period of 1986-2007. At the Supply Chain Insights Global Summit last week, Gita Gopinath, Harvard University economist forecasted worldwide global growth at 3.6%, but only 1.9% Trade is tougher.

Resource Reduction 173

Resource Reduction Cost Reduction Strategies Supply Chain Software North America 173