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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Here are ten things to keep in mind in terms of the role that forecasting can have on supply chains: While not a cure all, forecasting does matter. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Doing this, increases the benefits.

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Reports That TSMC Eyeing Second Fab Production Facility in the U.S.

Supply Chain Matters

Supply Chain Matters highlights published reports indicating that leading semiconductor fab and device manufacturer TSMC is eyeing a second fab production presence in the U.S. Supply Chain Matters Perspectives. Specifically noted: “ We are really at the tipping point right now in the semiconductor supply chain.”.

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Supply chain reshoring: where things stand now

Resilinc

Reshoring—the practice in which OEMs bring production and supply chains back from foreign countries to their home countries—and nearshoring—bringing production closer to home or to major markets—have increased in the wake of the pandemic, although not necessarily at the pace and scale which some anticipated. After declining 12.8%

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Wanted: Supply Chain Architects!

Supply Chain Shaman

Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. Figure 1: Definition of the Supply Chain Organization. The year was 1985. Let me explain.

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Understanding Today’s Supply Chain Complexity: There’s No Substitute for Hard Work!

Arkieva

I was lucky to attend the Gartner Supply Chain Executive Conference in Phoenix last May. To understand today’s supply chain complexity … there is no substitute for hard work! Supply Chain Complexity 1 – Plan/Source/Make/Deliver/…. Supply chain is complex. Demand planning.

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Three Reasons Why I Love Hadoop, and You Should Too!

Supply Chain Shaman

They will soon change your supply chain. Designed in the 1960s when a Megabyte (MB) of disk storage cost the same as a Terabyte (TB) does today, relational databases form the basis of today’s supply chain systems and IT architectures. In time, you will come to love them. I think that they will be a game changer.

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How the Bakken Oil Boom Impacts U.S. Supply Chains

CH Robinson Transportfolio

For those of us in neighboring states, North Dakota is the source of a clichéd “giant sucking sound,” the likes of which this generation has never experienced. So why does this matter for supply chain professionals? Rail Capacity. With around 30,000 gallons of capacity, each car equates to roughly 700 barrels of oil.