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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” I know that your primary focus is procurement. In a recent blog post, I was challenged by Anna. ” Anna, this blog post is for you.

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Procurement Synonyms: All The Words You Need to Know in 2023

SCMDOJO

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

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3 Common Demand Forecasting Challenges and Solutions

Herlitz Inventory Management

Demand forecasting is a vital activity for wholesale and retail purchasing teams. It helps ensure they will have adequate inventory available to meet future demand and avoid stockouts. Forecasting inventory is simple in theory, but difficult in practice. Demand is very difficult to accurately predict without the proper tools.

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Building Value Networks. Stopping the Backward Slide.

Supply Chain Shaman

Phone calls to Europe or Asia were costly and of poor quality. By the early 2000s, phone calls to Europe from my cell were expensive but manageable. At one time, there were more than 200, then consolidation happened, and the number became 112. IBM purchased Sterling Commerce. In the 1980s, I had a flip phone. (On

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The Hidden Costs of Ghost Inventory: What You Need to Know

ShipBob

But just a couple of hours ago, two units were damaged during order picking. These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. And this data discrepancy is because of poor inventory management and tracking.

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Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

COVID is far from over and food instability, coupled with drought, is driving migration from Sudan to Europe. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts.

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ZF’s Transition from Lean to Supply Chain Resilience

Logistics Viewpoints

ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. ZF transforms those purchased products into over 2,000 products. ZF has been working with a supply chain solutions provider called SupplyOn since 2001. The ZF supply chain is complex.