Supply Chain Game Changer
NOVEMBER 13, 2018
Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. So what exactly is the definition of “Supply Chain Management”? Source: [link] ). Source: [link] ).
Supply Chain Shaman
NOVEMBER 11, 2020
Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. This is true even though we are not clear on the definition of next-generation processes. The supply chain career is new.
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Supply Chain Shaman
JUNE 21, 2023
Before you react, here are some definitions. Companies that operate separate systems for revenue management and demand management create a risk in understanding market trends and gauging price elasticity quickly. With the increase in product complexity, many companies have demand latency longer than supplier lead time.
Supply Chain Shaman
MARCH 9, 2020
Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.
Supply Chain Shaman
OCTOBER 8, 2017
I do believe in demand planning, but most companies overstate forecast improvements. I worked for a software company for almost a decade and implemented demand management solutions in the 1990s for multiple companies. At that time, the demand processes were largely regional. Tactical Demand Planning. The Problems.
Logistics Viewpoints
JULY 6, 2022
It appears from these sources that retailers’ excess inventory is due to a rapid shift in demand patterns along with a reduction in purchasing power at the same time that inflation is discouraging some discretionary spending. Conclusion: Whiplash not Bullwhip Effect.
Supply Chain Shaman
JUNE 15, 2018
The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Most companies, along with consultants, feel that they know the definition of supply chain excellence. The source of the data is public reporting of balance sheet information. The difference?
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