article thumbnail

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

Supply Chain Shaman

To tell their story they flashed up a screen of JDA demand planning (which has not changed much since I worked on it in 1995), and proceeded to tell me a story of how their cognitive application improved forecast error (measured by Mean Absolute Percent Error or MAPE) by over 30%. They showed the details by item on improved accuracy.

article thumbnail

SCRC Supply Chain Index contributes again to the 2021 Wall Street Journal Top 250 Best Managed Companies

NC State SCRC

In an earlier blog , I explained how the SCRC supply chain index was formed, and how it provides meaningful insights into the Innovation and Sustainability categories of the WSJ index, by assessing the level of innovation and sustainability within an organization’s supply chain. Johnson and Johnson. Cisco Systems. Procter and Gamble.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How the Coronavirus is underscoring the relevance of Global Supply Chain throughput: From the Frontlines of Yokohama, Milan, and Southern Florida

ThroughPut

From the frontlines, travelling during this period, has reminded me of the commitment and humanity of people that I hadn’t witnessed firsthand since running Yemen operations and visiting Iraq a few years back. And if you don’t want to see things from the humane aspect, then let’s look at it from the US stock market perspective.

Florida 52
article thumbnail

Behind the Numbers of the SCRC Supply Management Index

NC State SCRC

In this blog, I’ll explain a bit more about the rating criteria we used to assess firms. This was felt most drastically in the last few years, when such events as 9/11, the war in Iraq, the West Coast port workers’ strike, and increased regulatory and customs delays brought supply chain operations to a standstill.

article thumbnail

The Supply Chain Impacts of the Russian Attack on the Ukraine

NC State SCRC

The impact of the Russian attack will lead to even further supply chain problems, beyond the ones that we have discussed in this blog to date. Shipping from Ukrainian ports, an important corridor for grain, metal and Russian oil shipments to the rest of the world, has all but ceased. But that doesn’t mean we aren’t impacted.

Ukraine 52