Remove 2020 Remove Forecasting Remove Metrics Remove Sourcing
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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 supply chain forecast is a rolling forecast.

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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 . Demand forecasting can be a game changer in today’s volatile environment. Infact, according to McKinsey , applying AI-driven demand forecasting to supply chain management can cut down errors by 20-50% and this helps reduce lost sales by 65%.

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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. Implementation of Sales Forecasting. The focus on sales forecasting started shortly after Y2k. Few companies measured the impact on error and bias through the rigor of Forecast Value Added (FVA) analysis. The reason?

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Meet The New Normal With 5 Demand Planning & Forecasting Methods

ThroughPut

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Businesses around the world are pondering upon these questions and each of them leads to a simple answer – effective supply chain demand planning and forecasting. Most manufacturers prefer to leverage analytics data over traditional forecasting methods.

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

Supply Chain Shaman

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Tight coupling of the supply chain forecast to the financial forecast will improve value. Industries carried on average 32 days more inventory in 2020 than in 2007. (I We source this data from Y charts.

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

Supply Chain Shaman

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. We started the conversation with sourcing. Focus on Cost. A Decline in Innovation.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. We started the conversation with sourcing. Focus on Cost. A Decline in Innovation.