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What Is Supply Chain Risk Management…and Why Can’t I Get a PS5?

ToolsGroup

Manufacturers are facing massive shortages across their supply chains, which, along with as well as an utter failure to move swiftly to account for said shortages, has resulted in a market flooded with demand for an ever-dwindling supply. It is, in order words, a failure in supply chain risk management.

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An Introduction to Demand-Driven Inventory Replenishment Planning in 2023

ThroughPut

In the dynamic world of supply chain management, demand planning is a critical component for achieving holistic supply planning. It involves constructing an accurate forecast of future demand based on supply drivers, aiming to meet customer needs as precisely as possible.

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2022 Supply Chain Predictions

Logistics Viewpoints

Instead, they are likely to carry higher levels of inventory as a lower cost alternative. The move away from risk mitigation will leave supply chains at greater risk to future disruptions than would be the case if risk mitigate efforts were established. Labor Shift – It’s About Want Not Need.

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The Next Great Disruption Coming to Supply Chains

Kinaxis

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Supply Chains have primarily stayed on the outside of this challenge. What if the next great supply chain disruption was….

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My Video Call with Santa Claus

Logility

Santa said since our discussion last year he has learned quite a bit from his demand planning elves on the importance of accurate forecasts and the negative effects of forecast error on the rest of the Christmas Express Supply Chain. Santa referred to this system as the Santa Claus (SC) Planning Platform.

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One Multinational’s Supply Chain Transformation Journey

Logistics Viewpoints

For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We We don’t have one supply chain,” this vice president of supply chain explained to me, “we run very customized supply chains.”

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Accenture – 10 Years After: How Close Are We to True Demand-Driven Supply Chains? SupplyChainBrain & Kinaxis Video Series

Kinaxis

One reason lies in companies’ heavy investment in traditional enterprise resource planning and demand-planning infrastructure, says Martin. But the volatility of demand, coupled with growing risk in global supply chains , has shown that this approach won’t give companies the agility they’re seeking.