Remove Metrics Remove Supply and Demand Remove Supply Chain
article thumbnail

How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

I laugh when business leaders tell me that they are going to replace their current supply chain planning technologies with “AI.” Each supply chain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions.

article thumbnail

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%.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ethical Considerations in Supply Chain Compliance

Logistics Viewpoints

The modern supply chain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. As industries evolve and global markets expand, ethical considerations have become central to supply chain compliance.

article thumbnail

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.

article thumbnail

Supply Chain & Logistics News Round-Up (December 30th 2024- January 2nd 2025)

Logistics Viewpoints

The new year has arrived and so has the new wave of noteworthy news coming out of the supply chain space. A first-of-its-kind research project was published by the FAIRR Initiative, addressing human rights violations and overfishing in the seafood supply chain. As the year marches on, you can count on weekly updates here!

article thumbnail

The Three Pillars of Sustainability in Supply Chain and Logistics: A Strategic Guide

Logistics Viewpoints

In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Regulatory demands, rising consumer expectations, and global challenges such as climate change and social inequality have made sustainable practices a strategic priority.

article thumbnail

Supply Chain Executives Face Growing C-Suite Complacency

Logistics Viewpoints

According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supply chain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supply chain leaders cite cost reduction as one of the top three priorities currently.