Supply Chain Shaman

FEBRUARY 14, 2022

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 We source this data from Y charts.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

OCTOBER 8, 2019

The budget is not sufficient and is often a detrimental input for supply chain forecasting. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? There are many reasons why the budget cannot be used as a supply chain forecast. The supply chain forecast is a rolling forecast.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

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

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.

Supply Chain Planning Software 150

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

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. 2) Market-Driven Forecasting. Demand latency has grown. Reduce latency.

Supply Chain Design Software 150

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

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 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

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. It was a tedious effort, but, overall, rather easy.

Vendor Strategies 110

Vendor Strategies Optimal Sourcing Resource Reduction Price Reduction 110