Remove 2015 Remove Forecasting Remove Metrics Remove Procurement Analytics
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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Belief in efficient procurement. Alignment Barriers.

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Time for a Supply Chain Metrics Cleaning

Logility

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

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Give New Answers to Bridget

Supply Chain Shaman

At this point, most leaders wring their hands and say, “If only the forecasting team could do a better job of forecasting.” Improving forecasting is not the answer. This also does not mean that you should abandon forecasting processes. 2) Invest in New Forms of Analytics. ” If this is you, stop!

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

” CNN Money Watch, August 12, 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%.

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Is the Package Under your Tree?

Supply Chain Shaman

When your phone rings, and you and your supply chain team is called to the corporate office to talk about the expansion of your ecommerce strategy for 2015, here are my recommendations: 1) Embrace the Each. The proliferation of the business models is exciting. Manufacturers, today, are aggressively pursuing e-commerce strategies.

Packaging 292
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My Take: E2open Buys Terra Technology

Supply Chain Shaman

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The initial software product release name was Real-Time Forecasting. DS replaced rules-based forecast consumption with better math (statistics and pattern recognition).

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Three Questions People are Afraid to Ask….

Supply Chain Shaman

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. It was also the preference of the consulting partners because the projects were longer, more costly and better aligned with the consulting model.