Remove Demand Planning Remove Metrics Remove Supply Chain
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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. They do not excel in planning or forecasting.

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Machine Learning in Demand Planning: How to Boost Forecasting

ToolsGroup

Machine learning (ML)a specialized field within artificial intelligence (AI)is revolutionizing demand planning and supply chain management. According to McKinsey , organizations implementing AI-driven demand forecasting solutions can reduce forecast errors by 30% to 50%.

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Managing Supply Chain Planning in the World of Scarcity

Supply Chain Shaman

Historically, supply chain leaders managed supply chains in a world of abundance. There are many factors: war, supply shortages, climate change, labor (knowledge and availability), and shifts in governmental regulation. The waste included: Negative Forecast Value Added (FVA) in demand planning.

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Can Improving Forecast Accuracy Address Our Demand Planning Woes?

Logistics Viewpoints

If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes? In spite of investment in effective tools, I regularly hear from supply chain leaders express frustration that their teams don’t “trust the box.” So what can we do to make models more useful?

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Covid-19 pandemic tested the global supply chain. Like riding a bumpy road, the supply chain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supply chain leaders, I share lessons learned. It will not be over soon.

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Supply Chain Planning – A Market Viewpoint

Logistics Viewpoints

ARC Advisory Group has been covering the Supply Chain Planning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supply chains. Supply chain agility reflects a company’s ability to respond quickly to surges or plummeting demand.

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Supply Chain Leaders, Chained to Tradition, Face the Whip

Supply Chain Shaman

Life for the supply chain leader is more complex. We are living in a world of rich supply chain case studies. Each day, the Wall Street Journal features a supply chain failure as front-page news. Traditional processes accelerate the bullwhip impact leaving leaders chained and forced into reactive behavior.