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Calibration and Sharpness: The Two Independent Aspects of Forecast Quality

BlueYonder

What Is a Good Forecast? Forecasts are like friends: Trust is the most important factor (you don’t ever want your friends to lie to you), but among your trustable friends, you prefer meeting those that tell you the most interesting stories. We want forecasts to be “good,” “accurate,” and “precise.” But what do we mean by that?

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The Industrial Impact of the COVID-19 Crisis

Logistics Bureau

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. Since then, the impact on manufacturing and global supply chains, across multiple industry sectors, has been significant.

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Major Trends Impacting the Pharmaceutical Supply Chain Ecosystem

Supply Chain View from the Field

One of the biggest recipients of this trend is the pharmaceutical environment. Several trends have shaped the pharmaceutical ecosystem in the last few years, and Obamacare is only one among many. But it isn’t the volume that is the challenge, but the nature of the pharmaceutical industry that has created the greater challenges.

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Supply Chain Management:SAP acquired Ariba, what does it mean.

Infosys Supply Chain Management

Pharmaceutical and Biotech. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. Financial Services.

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6 WAYS TO MITIGATE COVID-19’S IMPACT ON YOUR SUPPLY CHAIN

Bristlecone

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. During the financial crisis, supply chains that drive the modern economy were strong, but industries lacked demand.