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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. This sounds obvious.

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. Managing the Contrarian Deep Inside Of Me It is hard to manage the contrarian deep inside of me. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical.

Gartner 398
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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

Supply Chain as a Service (SCaaS) Examples Across Industries Retail Industry Retailers leverage third-party service providers, external manufacturing systems (EMS), and supply chain IT services (RFID, IoT, barcoding, etc.), allowing them to shift their focus towards core activities like market share and product management.

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Future Procurement Capabilities: Supply Managers Need to Think like CFO’s

Supply Chain View from the Field

The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer. A common theme among CPO ’ s we interviewed in the was the need for transactional and financial excellence as a foundation for building credibility in the enterprise.

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Supply Chain Metrics: Make Sure They Are Aligned with Your Strategy!

Supply Chain View from the Field

Senior management must couple each objective with a specific goal that it can measure and act upon. The following are examples of corporate-wide management objectives associated with various supply chain management goals. Another example is “on-time delivery”. What must we excel at? innovation perspective).

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Yowza! A Nine-Step Decision Process to Help Guide Supply Chain Planning Selection

Supply Chain Shaman

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.