Supply Chain Shaman

AUGUST 26, 2015

” 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%.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Talking Logistics

MARCH 6, 2015

Descartes Reports Fiscal 2015 Fourth Quarter and Annual Financial Results. Amber Road broadened its solution footprint this week by acquiring Hong Kong-based ecVision, “a cloud-based provider of global sourcing and collaborative supply chain solutions for brand-focused companies.” FMCSA Should Heed Calls to Fix CSA (ATA).

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Logistics 100

Talking Logistics

AUGUST 21, 2015

As Joe Dixon, SVP of Supply Chain at Brooks Brothers, commented at the GT Nexus Bridges 2015 conference a few weeks ago: “SAP is our internal ERP system, GT Nexus is our external [supply chain] ERP system.”. Where to Find Supply Chain Innovation (Source: Adelante SCM). Another great opportunity is for GT Nexus to leverage Infor’s Ming.le

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Forecasting Software 100

Logility

SEPTEMBER 19, 2017

The Consumer Products Industry experienced a 32% growth in active items in 2015 and that trend has accelerated over the last 18 months. Depending on the source, it is widely reported that anywhere from 50 to 85% of new products fail to achieve success. Capability 1: Accurate New Product Forecasts.

Inventory Reduction 103

Inventory Reduction Optimal Sourcing Modeling Inventory 103

Supply Chain Matters

NOVEMBER 7, 2023

The invention of the ocean container as a means for inter-modal sea and surface transportation movements have orchestrated the march toward lowest cost global based sourcing of components and materials. According to Drewry, the forecasted low rates reflect an extreme disconnect between vessel supply and industry shipping demand.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

Supply Chain Shaman

NOVEMBER 29, 2015

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. Market-Driven Forecasting: Historically, the use of linear optimization and genetic algorithms to sense future trends from order and shipment patterns and predict the future defined forecasting.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Supply Chain Matters

APRIL 11, 2023

Sourcing Strategy Implications In highlighting this Airbus increased investment within China, business media has been contrasting Apple’s ongoing moves to initiate alternative sourcing of both iPhone and other product hardware to other parts of Asia including India.

China 52

China Sourcing Strategies Manufacturing Procurement Price Reduction 52

Supply Chain Shaman

NOVEMBER 11, 2020

I forecast that this interest will grow and the market is going to become more confusing. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. In 2015, after a failed IPO, Insight Venture Partners (Insight) acquired E2open for $273M. The supply chain career is new. Evolution is messy.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

Supply Chain Movement

MAY 13, 2015

Datum: 24 juni 2015. China: from sourcing location to an end market. Rietdijk, SVP Global Sourcing – Vestas. Rietdijk, SVP Global Sourcing – Vestas. Realistic approaches to planning and forecasting will help you gain and retain customers through stock availability, while keeping your capital in stock manageable.

China 60

China Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 60

ToolsGroup

JULY 6, 2016

A C-level executive may not intuit the full importance of an accurate demand forecast, but can appreciate the link between forecast accuracy and customer KPIs. Source: Gartner (December 2015). Avoid more obscure acronyms altogether, such as DF for Demand Forecasting. This concludes your opening.

Gartner 168

Gartner Supply Chain Planning Software Supply Chain Optimization Optimal Sourcing 168

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 Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. The example below shows how a wide spectrum is being used to accomplish demand forecasting, and Lennox is using machine learning today.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Enterra Insights

MAY 22, 2018

Forecasting and Planning. Forecasts have always relied on data; but big data and cognitive technologies can raise the forecasting bar. Many of these data sets are accessed daily, or even several times a day, so the dynamic nature of demand is captured to a much higher degree than traditional forecasting techniques.”

Supply Chain Planning Software 100

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Software Analytics Software 100

Supply Chain View from the Field

JANUARY 13, 2015

I sure called this one right…Globalization linked with increasing labor costs in countries such as China, as well as fuel costs and regulatory shifts, are driving a dramatic impact on where companies source, where they produce, and the complexity of processes required to sell to the customer.

Negotiating Skills 60

Negotiating Skills Predictive Analytics Predictive Analytics Software Supply Chain Planning Software 60

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. Market Drivers.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Alloy

AUGUST 10, 2021

What do you do when demand doesn’t match your forecast? Since Youth to the People was founded in 2015, the company’s marriage of science and superfoods has driven rapid sales and distribution growth. For consumer goods brands, launching into new stores provides major opportunities, but also comes with major risks.

Resource Reduction 72

Resource Reduction Alloy Resources Retail 72

Supply Chain Shaman

JANUARY 27, 2015

While traditional companies are still looking at improving traditional forecasting technologies and improving the rules for forecast consumption, I think that it is time to take a different stance: Item Rationalization. Traditional approaches like consensus forecasting can make this bias even worse. Need for Demand Sensing.

Supply and Demand 150

Supply and Demand Supply Chain Planning Software Forecasting Supply Chain Software 150

Logility

MARCH 13, 2020

Our digital supply chain platform will help to quickly evaluate multiple scenarios and start to work through our response to rapidly identify the supply constraints and define alternate sourcing opportunities across multiple time horizons. An outbreak of the Avian Flu in the Midwest U.S. million pounds of the product annually.

Modeling 211

Modeling Scenario Planning Supply Chain Planning Software Modeling Software 211

Supply Chain View from the Field

NOVEMBER 4, 2015

I presented at Supply Chain Outlook 2015, an event hosted by the Supply Chain Management Review in Chicago on Monday morning. The growth of a rising middle class in China, India, and other countries in Asia was identified as a major source of revenue growth for many US companies.

Manufacturing Procurement 60

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Design 60

Supply Chain Movement

OCTOBER 27, 2014

Since I joined nine months ago we’ve opened nearly 90 stores and if we execute well we will have opened another 100 stores before 2015.”. I’m directly involved with inbound, outbound and warehousing as well as sourcing, most of which is done in the Far East. On top of that forecasting is still very much a big challenge.

Manufacturing Procurement 87

Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Design 87

Enterra Insights

SEPTEMBER 24, 2018

Back in 2015, Irfan Saif ( @irfansaif ), a principal with Deloitte & Touche LLP’s Cyber Risk Services practice, wrote, “Internet of Things initiatives demand targeted strategies to combat the influx of new cyber risks that will invariably accompany them.”[2] As I noted in a previous article, caution is warranted.[1] ”[6]. .”

Internet of things 100

Internet of things Supply Chain Software Supply Chain Transformation Optimal Sourcing 100

Cathy Roberson

APRIL 2, 2021

” In its latest forecast for 2021 which was published on March 31, the WTO expects the world merchandise trade volume to increase by 8.0% Source for the image below: WTO and UNCTAD for trade volume data; WTO for forecasts). in 2021 after falling 5.3%

Global 52

Global Forecasting Egypt Washington 52

SCMDOJO

JULY 29, 2022

What is Economic Order Quantity (EOQ) Equation & Graph: The basic formula is as follows: EOQ = Economic Order Quantity, C = Cost of the item, I = Annual inventory carrying cost, D = have different names: “Annual anticipated demand”, or “annual sales volume/ unit”, “forecasted demand”, and “annual usage rate”. Boston: Pearson, 2015.

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103

GlobalTranz

MAY 13, 2015

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. Sources: “Annual Financials for Wal-Mart Stores Inc.” ” Walmart states early on.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Logistics Viewpoints

MAY 30, 2022

Then Jabil handles the sourcing and manufacturing of those products. They are sourcing from over 27,000 suppliers. She worked as a production planner, a master planner, a demand planner, and inventory manager, before leading a team of demand planners in 2015. But this customer just could not get the forecast right.

Supply and Demand 41

Supply and Demand Supply Chain Planning Software Scenario Planning Supply Chain Design Software 41

Enterra Insights

MARCH 18, 2021

These efforts were widely supported by analytics tools and data science teams that adjusted forecasting and optimization models to account for unprecedented shocks. Mankins and Lori Sherer, “ Creating value through advanced analytics ,” Bain Brief, 11 February 2015. [4] 3] Michael C.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics Software 130

Supply Chain Movement

JUNE 30, 2015

His brow was furrowed in thought as he spoke, “In our organization, we have made great improvements in our forecasting system, and improving demand accuracy, but I fear that this is not enough. Each organization has a product line with defined forecastability and product tail (characteristics of product demand by item).

Supply and Demand 60

Supply and Demand Demand Planning Software Forecasting Supply Chain Design Software 60

EazyStock

MAY 20, 2020

The report investigated the adoption of key supply chain technologies by businesses of all sizes across the globe, between 2015-19: The lack of investment in digitalization is disappointing, but not surprising. Here’s some examples of how: Inventory optimization software automates demand forecasting.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Forecasting Software Agile and Lean Supply Chain 52

Talking Logistics

JUNE 29, 2017

As I wrote two years ago in my supply chain and logistics predictions for 2015 : Historically, Supply Chain Design was an exercise companies undertook at most once a year, or when a significant change occurred in their supply chain, such as an acquisition. Source: LLamasoft. So, where does supply chain design end and planning begin?

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 60

Supply Chain Shaman

NOVEMBER 2, 2018

There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. Examples include alternate sourcing, bill of material changes or alternate modes/routing between the planning, procurement and transportation.) Investors moaned.

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 167

Herlitz Inventory Management

JULY 7, 2021

source: tradingeconomics.com. Forecast: Core rate 1.4% source: thebalance.com. The law of supply and demand, coupled with other environmental and political factors, have led to two months of inflation that are higher than we have seen in 30 years (see table below). ?. It hasn’t been lost here at Herlitz Inventory Management!

Pricing Training 52

Pricing Training Purchasing Training Negotiating Skills Inventory Management Software 52

Supply Chain View from the Field

OCTOBER 8, 2014

We spent a good deal of time collecting research from a variety of different sources, to put together a picture of what the biobased economy looks like. A lot of work – and it has to be done by March 2015 in time for the Farm Bill deadline! Agrilculture Secretary notes that “This new report presents the opportunities U.S.

Study 74

Study Manufacturing Procurement Modeling Forecasting 74

Supply Chain View from the Field

APRIL 20, 2015

We are in the last stages of planning for our upcoming 31st Semi-Annual Supply Chain Resource Cooperative (SCRC) Meeting on Monday and Tuesday, April 27-28, 2015 at North Carolina State University. Bloomberg News has just released its rankings of forecast accuracy through the end of Q3 2014.

Risk Management 60

Risk Management Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 60

Arkieva

AUGUST 22, 2016

Source: Wall Street Journal. Source: Arkieva Supply Chain Blog. Source: Supply Chain Shaman. Source: CBR. The manufacturing, warehousing, and construction sectors are on the rise and forecasted to continue to do so, according to IBISWorld. percent during the first quarter of 2016, compared to Q4 of 2015.

Canada 60

Canada Supply Chain Strategy Vendor Strategies Supply Chain Software 60

Supply Chain View from the Field

NOVEMBER 25, 2013

The team sought to predict cost per unit – using forecasted purchase orders, and trying to estimate average cost per unit based on weight, forecast quantity, finish, diameter, width, and angle. Well done, Class of 2015 MBA Supply Chain students! They were able to find a positive correlation relating to the cost per unit.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Modeling Purchasing Skills 60

Supply Chain Game Changer

OCTOBER 22, 2020

In the future, you will know the source of every component in the products you use or manufacture, how it was produced, the energy consumed in its production, perhaps even who will own it next and how much they will pay you for it. In 2015, worldwide IT spending across vertical industries was forecast to be $2.7T.

Supply Chain Design Software 70

Supply Chain Design Software Alloy Supply Chain Software Supply Chain Design 70

BlueYonder

APRIL 25, 2017

Now that we’ve established that forecasting is important , you know what your demand planning organization is going to do and how you plan to structure it , here we’ll address where to put it. Pros: Sales has the business intelligence needed to produce a good forecast. about events, promotions and new items.

Supply and Demand 42

Supply and Demand Demand Planning Supply Chain Planning Software Supply Chain Planning 42