2007 Forecasting Procurement System 
Supply Chain Shaman
APRIL 9, 2021
Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Commercial and operating teams in manufacturing organizations greater than 5B$ in annual revenue were more aligned in 2007, at the beginning of the recession, than in 2020, the start of the pandemic. Mistake #5.
Supply Chain Shaman
FEBRUARY 14, 2022
At the time, I was fascinated how the most mature teams bucked the system. 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 Why do we have 32 days more inventory by company in 2020 than in 2007?
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Supply Chain Shaman
SEPTEMBER 22, 2021
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.
Supply Chain Shaman
OCTOBER 8, 2019
The supply chain is a complex non-linear system. 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. Bias and error.
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. It is a new buyer.
Kinaxis
SEPTEMBER 16, 2015
A poor procurement choice based on stale data can lead to a decline in profits. From our eBook, S&OP in the 21st century , “An audit of 50 corporate spreadsheets in 2007 revealed that 94% had errors… one for $100 million!” There is a major issue with the lack of revision control and auditing.
KEPLER Consulting
DECEMBER 11, 2019
In the absence of good product data quality, non-compliant supplier orders systematically result in poor product availability, one solution to this problem is to set up an efficient communication system with the purchasing and supply divisions that can reduce data update times up to 90 %. Some studies (Cachon and Fischer (2000); Lee et al.
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