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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

To build an outside-in model, and use new forms of analytics, we must start the discussion with the question of, “what drives value?” ” Traditional planning models optimize functional processes to improve cost and customer service. You are right. What should be on the scorecard? This is an opportunity.

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Autonomous Business Planning Is Not Only Possible, It Has Already Been Achieved

Logistics Viewpoints

During my current supply chain planning market research, I have received briefings from several SCP companies. Solvoyo has a metric they call the user acceptance rate. You don’t act on a forecast; you act on what you purchase. You manufacture stuff. We have lots of functions, lots of analytics, lots of reports.”

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Step Past AI Hype Drive Real Value

Supply Chain Shaman

Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. ” My problem is that we move through these hype cycles with little accountability for spending and with a major opportunity cost to not redefine work. Or that a focus on cost reduction can actually undermine value creation?)

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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. Probabilistic demand forecasting, in contrast, provides a full probability distribution, revealing actual purchasing patterns and enabling inventory planners to align stock levels with demand realities. The result?

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“Amazon-ifying” Procurement and How it Can Reverberate Across Manufacturing!

Supply Chain Game Changer

5 Keyword Research Methods to Increase Visibility on Amazon! Simply by searching for a pair of shoes within an intuitive user interface, users are given a seemingly limitless amount of choices each with prices, photos, measurements, and any other metric a shopper could desire. Are you an Amazon addict? If so, you are far from alone.

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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Make to Order: Here, products are manufactured based on specific customer orders.

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Advanced Supply Chain Planning with Probabilistic Forecasting

ToolsGroup

However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. Probabilistic demand forecasting, in contrast, provides a full probability distribution, revealing actual purchasing patterns and enabling inventory planners to align stock levels with demand realities. The result?