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Surviving an Economic Downturn in the Retail Sector

Enterra Insights

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas.

Retail 130
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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Almost two decades of reporting. Table 2: Gartner Top 25 Comparison to Peer Group Results As large manufacturers work the conference circuit in the industry to increase brand awareness for their supply chain efforts, they feed the perception that their stories demonstrate supply chain leadership. But does it help the profession?

Gartner 379
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Will the Downturn Signal an Upturn?

Supply Chain Shaman

” Today, I know of less than twenty-five companies that actively sense demand, and while we talk about the use of channel data and the building of demand sensing processes to use channel data, it is still an elite group of supply chain leaders that are perfecting the techniques. And, what will signal an upturn?”

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Supply Chain Planning- The Manufacturer’s Guide for Accurate Planning and Forecasting

ThroughPut

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. Are the inventory numbers being tracked accurately across the several stages of production? Demand management. Production planning. Sales Planning.

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Supply Chain Planning- The Manufacturer’s Guide for Accurate Planning and Forecasting

ThroughPut

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. Are the inventory numbers being tracked accurately across the several stages of production? Demand management. Production planning. Sales Planning.

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Shattering the Fallacy of “One-Number” Forecasts

Logility

But is using one-number forecasts too suspect given today’s growing availability, visibility, and use of big data, advanced analytics, and intelligent algorithms? This one shortcoming is perhaps one of the most obvious for this forecasting metric.