article thumbnail

Different Strokes for Different Folks (to Yield Better Results?)?

Supply Chain Shaman

They were very proud of their work in planning with a number of pharmaceutical manufacturers. So my question to the presenter was, “Why waste your time trying to improve a traditional demand planning approach when you could do so much more?” Today the order represents three to four months of demand latency.

article thumbnail

Behind the Numbers of the SCRC Supply Management Index

NC State SCRC

Supply Market Intelligence (SMI) is the mechanism by which organizations make as complete analysis as possible of a current or targeted supply base, including adoption of supplier-specific and market risks (Handfield, 2006). SMI involves making as complete analysis as possible of a current or targeted supply base. Handfield, R.B.

article thumbnail

Mindmap for the Fashion & Luxury Goods Market

Supply Chain Movement

In the global fashion and luxury goods market, ever-higher customer expectations, combined with demographic and economic shifts, are making it increasingly difficult to predict consumer behaviour and plan accordingly. This will result in more consumption-oriented planning and collaborative replenishment with dynamic buffer management.