article thumbnail

Give New Answers to Bridget

Supply Chain Shaman

I had worked hard to teach the team presenting to talk the language of demand , but it was not understood at the board-room level. Most have a supply organization that has a sub-group that is chartered with forecasting demand for use by supply. 2) Invest in New Forms of Analytics. Treat demand latency as the evil empire.

article thumbnail

The Top 15 Retail Trends for 2022

ToolsGroup

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Data is Essential for CPG Success

Enterra Insights

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data and advanced analytics.

Data 100
article thumbnail

Will the Downturn Signal an Upturn?

Supply Chain Shaman

” CNN Money Watch, August 12, 2015. Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error.

article thumbnail

Cradle to Grave?

Supply Chain Shaman

Last week, I interviewed Robert Byrne, founder of Terra Technology on his demand planning benchmarking study. This is his fifth year of studying demand processes. Most are not… The tail is growing and as a result, there are hidden costs in the business due to complexity. 2015 is a year for belt-tightening.

article thumbnail

Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

GlobalTranz

And on the subject of sustainability, SCDigest.com covered Walmart’s 2015 Sustainability report : Walmart, the world’s largest corporation, is fresh out with its 2015 sustainability report, the eighth such document it has produced. Low prices benefit customers, but low true costs benefit everyone.”

Gartner 120
article thumbnail

Top 12 New Logistics Startup Companies Making Noise

ShipBob

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Demand planning. Warehousing and storage. Freight forwarding. Handling raw materials. Order fulfillment.