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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Doing this, increases the benefits. This sounds obvious.

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The Coffee Pot Conversation That Will Not Happen

Supply Chain Shaman

Gartner purchased the firm in 2010.) My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth.

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Applying the Laws of Forecasting to Predictive Analytics

NC State SCRC

I had a chance to meet with my good friend Tom Choi from Arizona State University a couple of weeks ago. We had a chance to catch up on a great number of things, but one that sticks in my mind is the discussion on predictive analytics and forecasting. They offer opinions and paint the future for us.

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This Week in Logistics News (July 3-7, 2017)

Talking Logistics

In their June 2005 paper titled, “ The Effect of Supply Chain Disruptions on Long-term Shareholder Value, Profitability, and Share Price Volatility ,” Kevin Hendricks and Vinod Singhal report the following findings from their research: Disruptions have a negative across the board effect on stock price, profitability, and share price volatility.

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8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing is done by accountants so that the cost of goods available for sale is represented fairly on your income statement and balance sheet. Businesses that deal in physical goods should submit financial reports that are true and fair. Also, recent costs are reported in the ending inventory on the balance sheet.

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Beer Marketing Strategies in a Global Pandemic and the Best 5 Tactics Heading into 2021

Unleashed

It ensures consistent repeat purchases over time, regardless of price, convenience or even a global pandemic. An apt example is Corona beer. Corona’s ‘do nothing’ strategy appears to have paid off — Brand Finance Annual Report in August 2020 named Corona as the world’s most popular beer brand. Beer marketing strategies in 2020.

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6 Supply Chain Trends to Watch in 2019

AB&R

Plus, thanks to our great employees, we were named as one of the Top Companies to Work for in Arizona for the fourth year in a row. According to The Data Capture Report, 86% of companies will significantly increase their IoT budget in the next 1-2 years [2]. 2] SCAN the DATA CAPTURE REPORT, November 20, 2018. [3] 4] 1WorldSync.