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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.

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. Almost two decades of reporting. Today’s risk management solutions focus largely on supply sensing and early alerting. Surgery is over. I am safely recuperating at home.

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No Easter Bunny?

Supply Chain Shaman

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

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How to Manage for Supply Chain Success During Major Weather Events

TMC

Northeast was pummeled by the fourth most powerful snowstorm to hit the area in at least 60 years, reported the Associated Press [1]. Our team included logistics, demand management, category management, and distribution from Delhaize, as well as West Coast Distributing and TMC’s Managed TMS® service.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.

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Do You Want to Sell on Amazon.com? Their Cyber Bots Demand Strong Fulfillment Performance

Logistics Viewpoints

The solution uses machine learning, analytics, and automation to drive purchasing. In some cases, the e-tailer site is reporting a stock out when that is not the case at all. Retailer’s ecommerce forecasting is based on “trailing demand and seasonality.”

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Good People Can Make A Difference In Outcomes

Supply Chain Shaman

I miss the days of Walter Cronkite reporting the news. As I facilitated the class and discussed the findings , the theme of data sharing and demand management was prevalent. Most companies have applied the regional practices of demand management to global teams. Instead, we have talking heads sharing opinions.