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 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.
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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. Walmart’s SCM process is not based entirely on technology. Components of Supply Chain Management (SCM). Decades in the Making. Beyond Technology. Gilmore, Dan. “50
Supply Chain Opz
MAY 28, 2013
But the quick and easy way is to sort product by volume and use the level of forecast error (MAPE or MAD) to determine the level of variability then put everything into a quadrant. In 2007, World Customs Journal published the paper called " Voluntary Supply Chain Security Program Impacts: An Empirical Study with BASC Member Companies ".
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. Additional input for this post came from Oracle’s Cloud SCM Product Marketing Team.
Supply Chain Shaman
AUGUST 21, 2015
When I wrote a summary report at AMR Research in 2007 and 2009, there were two or 6% of the market. In the most mature S&OP processes, S&OP is an update to budget forecasts updates. For the Love of the Cloud. Only three vendors on the technology list do not offer a cloud-enabled service. This is a major turnaround.
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 ATT forecasting process at that time was best described as a séance.
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