Remove 2020 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

Commercial and operating teams in manufacturing organizations greater than 5B$ in annual revenue were more aligned in 2007, at the beginning of the recession, than in 2020, the start of the pandemic. The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Belief in efficient procurement.

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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

Another misconception is that enterprise resiliency only started to decline in 2020 with the pandemic. As demand shifts from period-to-period, the costs increase with no impact on growth. Implementation of Sales Forecasting. The focus on sales forecasting started shortly after Y2k. How could the industry spend 1.7%

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2020 Requires Big Wings and Feet

Supply Chain Shaman

The fall ritual precedes the dropping of the ball on Times Square to ring in 2020. The budget is not sufficient and is often a detrimental input for supply chain forecasting. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? The financial budget is a cost-control mechanism. The Preamble.

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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Measure it.

S&OP 195
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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance.

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

The Logistics & Supply Chain Management Society

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. Efficiency and cost management.

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Thriving In ‘The New Normal’ With 5 Demand Forecasting Models

ThroughPut

Step Up Demand Planning Efforts with a Robust Forecasting Model . After all, most of these business functions were created for a very different era where any change was predicted earlier and absorbed easily. Demand forecasting can be a game changer in today’s volatile environment. A definite “no-no” for demand planners.