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Will the Downturn Signal an Upturn?

Supply Chain Shaman

As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%. It was a cold, crisp winter in Boston.

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10 Ways IoT Can Improve Supply Chains

IQMS

Compound Annual Growth Rate (CAGR) according to Gartner’s latest market forecast. Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control. in 2017 to $20.4B in 2022, achieving a 10.7%

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Top Supply Chain Challenges for CPG companies in 2023

Logistics Viewpoints

The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue. each with discrete plans generated typically in sequential batch runs.

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How to Avoid the Most Common Pitfall of Markdowns

ToolsGroup

Deloitte forecasts a 25–35% increase in e-commerce holiday sales this year compared to 2019. Boston Consulting Group estimates that this year — and for the foreseeable future — a full 60% of stock will be sold via markdown. They train the consumer not to buy in-season because they can come back in three months and get a discount.

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5 Reasons Why You Need Procurement Planning Software

New Horizon Supply Chain Blog

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.

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No Easter Bunny?

Supply Chain Shaman

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Short cycles require buffer inventories and short lead times.

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POOLCORP Selects ToolsGroup to Improve Supply Chain Resilience

ToolsGroup

BOSTON — Nov 17, 2021 — ToolsGroup , a global leader in supply chain planning and optimization software, has been selected by POOLCORP to support its goals of improved supply chain resilience and service to customers while increasing profitability. . About ToolsGroup.