article thumbnail

2023 Manufacturing Trends: How to Get Ready Now

OptiProERP

PwC research indicates that using AR and VR in developing products and services can deliver a GDP boost of US$360 billion by 2030. Manufacturers have had to learn to adjust to sudden fluctuations in demand, managing costs closely, handling business operations remotely, and much more. Post-Pandemic Recovery.

Trends 52
article thumbnail

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Here I share insights on how to get started using a four-step process. Low volume inconsistent demand. Use this data to understand demand predictability. If demand error is extremely high, traditional demand management techniques are of limited value. Imagine Supply Chain 2030. New product launch.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A River Runs Through It…

Supply Chain Shaman

Learn to navigate the river of demand. Realize that, within the organization, the concept of demand as a flow is not well understood. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. Client Example of Demand Management Across Time Horizons. Supply Chain 2030.

article thumbnail

No Easter Bunny?

Supply Chain Shaman

Companies struggle how to use market, customer sentiment, and channel data. Stuck with inputs from the traditional processes of collaborative forecasting, and traditional definitions of demand planning, demand error and bias are high. The overarching theme is to Imagine Supply Chain 2030. The cost of the event is $1750.

article thumbnail

For Every Tom, Dick, and Harry

Supply Chain Shaman

However, the most successful S&OP processes report to a profit center manager; yet Jim’s focus is operations. Tom and I discussed how to elevate the discussion and gain the approval of the process at the P&L leadership level. Tom and I discussed how to make this happen. Imagine Supply Chain 2030. First step?