Data Eliminating Excel in Purchasing Strategy 
ToolsGroup
JUNE 12, 2025
While Excel has long been a go-to for planners, the landscape has changed. In this dynamic environment, inventory management powered by spreadsheets is no longer a viable strategy. Let’s explore why relying on Excel could be costing you more than you realize. But familiarity doesn’t equal effectiveness. The result?
Supply Chain Shaman
JANUARY 7, 2025
I observe that organizations are unclear on outcomes and the definition of supply chain excellence. I think the rewiring starts with the education of the executive team, and that process should follow strategy. Instead, implement a balanced scorecard, build a clear strategy, and align bonus incentives. What should we do?
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Supply Chain Shaman
MAY 25, 2024
Pattern recognition is the ability to discern patterns in data and use the insights for further analysis. The first step was to find a reliable data set and establish the peer groups. We purchase data from Y charts. (A A syndicated data feed used for financial analysts. Consider Lenovo in Figure 1.
ToolsGroup
MARCH 31, 2025
However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. Probabilistic demand forecasting, in contrast, provides a full probability distribution, revealing actual purchasing patterns and enabling inventory planners to align stock levels with demand realities. The result?
Supply Chain Shaman
OCTOBER 5, 2018
L’Oréal’s global strategy embraces globalization with a keen focus on the customer. The Company’s strategy is to acquire brands developed on a local or regional scale and then bring them to a global scale in a short period of time. Defining the Strategy of Operations 4.0. L’Oréal’s Performance Compared to the Peer Group.
ToolsGroup
MARCH 25, 2025
Enhanced Promotions and Events Analysis Promotions, advertising campaigns, and trade events are vital components of marketing strategy, but accurately measuring their impact on demand remains challenging. Five Ways Advanced Machine Learning in Demand Planning Is Improving Forecasting 1.
Supply Chain Shaman
APRIL 19, 2024
Here I share insights on the sharing of supply data. In Figure 1, I share the importance, trust and perceived accuracy of different forms of supply data. In addition, a purchase order changes three-to-four times and there is a black hole (data is caught between email systems of trading partners for one-to-two days).
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