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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

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 Even when I proved that the process was degrading the forecast by 35-60%, companies still clung to a wrong number. Don’t believe me? Measure it.

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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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2020 Requires Big Wings and Feet

Supply Chain Shaman

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.

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

The Logistics & Supply Chain Management Society

Time to products restocking, automating repeat purchases could be made simpler by enabling a customer inventory demand to forecast while big data analytics enable real-time focus and simultaneous analysis of diverse data streams generating valuable information for forecasting and planning. So, we need to ask, “what is the ideal?”;

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Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

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.

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Building Outside-In Processes

Supply Chain Shaman

For example, should customer sentiment data feed into quality systems? 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?

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Top Mobile Banking Trends to Watch!

Supply Chain Game Changer

Neobanks rely on a high-quality service that sells itself. In the USA, the experience of using mobile banking is more extensive — some banks offered it to customers back in 2007. According to analysts’ forecasts, in 2022, AI will be used in the work of almost every department of the bank. It is convenient and practical.

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