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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. For example, it can be more effective to make a series of forecasts, accounting for a range of outcomes from aggressive to conservative. What is supply chain visibility?

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Want to hire the next generation? It’s time for a software update.

Kinaxis

Gen Z is the first generation of true digital natives — the iPhone was released in 2007 when the oldest were 10 years old. Despite the widespread use of spreadsheets, they’re not a beloved supply chain planning tool. 91 percent of Gen Z-ers say that a company’s technological sophistication matters.

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

The Logistics & Supply Chain Management Society

Radio-Frequency Identification (RFID) enables self-monitoring tools to monitor and communicates their real-time performance. Customer centricity is not about setting a company strategy through the forecasted demand of the product portfolio in the market. This can be applied to inventory management, fleet and order tracking, ID badging.

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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.

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My Take: E2open Buys Terra Technology

Supply Chain Shaman

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.

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Spreadsheets – A Look Back

Kinaxis

They helped launch the personal computer, or PC, as a viable business tool. 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!” They are great personal and business productivity tools, when used for what they were designed.

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6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

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. The right processes, practices, and tools can help. The tools also exist. By Maha Muzumdar.