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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Absolutely!

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This Week in Logistics News (January 1 – 7)

Logistics Viewpoints

The technology that is driving autonomous vehicles continues to improve, and as my colleague Steve Banker asked earlier this week, “ when does a technology really grow? The system sports six pairs of stereo cameras, powered by a pair of Nvidia Jetson modules, offering a full view of its surrounding.

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Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth

SCMDOJO

is an American electric vehicle manufacturer and automotive technology company which has emerged as a prominent player in the highly competitive automotive industry. With its manufacturing operations situated in Normal, Illinois, Rivian’s presence has had a profound impact on the local economy. billion in financing.

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Let the Qs Begin

Supply Chain Shaman

Supply Chain Improvement is based on the work that we completed with an Arizona State University Operations Research team to determine the Supply Chain Index. There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. A big bang technology focus has not worked.

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Rivian and Lucid Supply Chain and Production Challenges Continue

Supply Chain Matters

The ability to ramp up and sustain manufacturing output is a further challenge in order to generate needed cash to sustain operations. In March of 2023, Supply Chain Matters highlighted a report indicating a manufacturing reorganization with Rivian. A lot has occurred since that forecast.

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My Video Call with Santa Claus

Logility

Clearly, Santa is taking the move to more advanced technology seriously if he is now sending invites for video calls. Our call was scheduled quite early for me in Arizona since Santa’s HQ had adopted GMT as the standard time. Our conversation then shifted to Santa’s efforts to improve forecast accuracy.

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Warehousing News Roundup: April 1, 2019

Stord

Nike improved its supply chain efficiency by adopting digital tools to increase visibility and reduce production lead times. This Express Lane initiative – the company’s name for new tools and solutions – has placed materials closer to factories, reduced manufacturing delays, and predicted customer demand more accurately.