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The accuracy of conventional time-series forecasts eventually hits a ceiling. Why? Because historical data is a flawed predictor of supply chain conditions over a short period of time. Even high-volume consumer packaged products with well-understood seasonality established over decades continue to experience high near-term forecast error rates. Consider adding demand sensing to your planning mix.
Product recalls are commonplace and are to be expected in many mass-inventory industries such as in the automotive, pharmaceutical and food industries. The risks and consequences involved in navigating the recall process can be unnerving. A product safety issue usually triggers a recall, so there are significant financial, legal and reputation risks involved.
The History of Valentine’s Day Valentine’s Day existed in a variety of forms before settling into its fixed date of February 14th. It can be traced all the way back to a mid-February holiday on the ancient Roman calendar, existing as a day to celebrate the possibility of new life even before Saint Valentine was […]. The post The Supply Chain of Your Valentine’s Day Flowers appeared first on Kuebix.
…the weekend is just around the corner. Happy Valentine’s Day to all my blog readers. This is my 440th blog post and the tenth anniversary Supply Chain Shaman. It seems hard to believe that I have been typing away over these years building an audience of over 20,000 global readers. My friends would tell me to relax and get my Groove on b ut, I find myself deep into a presentation for a client’s design thinking session next week.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Article and permission to publish here provided by Harry Poulson. When you have to deal with so many hardcopies, textual images , and PDFs on your job or in your business, you need optical character recognition (OCR) technology. OCR is used to convert the non-editable soft copies into the editable text documents.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Article and permission to publish here provided by Harry Poulson. When you have to deal with so many hardcopies, textual images , and PDFs on your job or in your business, you need optical character recognition (OCR) technology. OCR is used to convert the non-editable soft copies into the editable text documents.
We are back with Dr. Diadie Sow for the third and final part of our series dedicated to Data Science. The first part was dedicated to the story of Data Science up to now , and the second part focused on the daily tasks of a Data Scientist. In this article, we will explore the value that Data Science brings to Supply Chain. Spoiler alert: huge innovations ahead!
Earlier this week, the death toll from the Wuhan coronavirus rose to over 1,000 people, invoking memories of the 2003 SARS outbreak. While the human aspect of this outbreak is clearly the biggest story, the virus is causing major disruptions in global supply chains as well. As my colleague Steve Banker pointed out yesterday, the global high-tech supply chain has been hit particularly hard.
Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox! The state of freight management is continuously changing and evolving to reflect the needs of an increasingly complex supply-chain. Such changes are a result of evolution of industries around the planet, and globalization continues to redefine the basic.read More. The post [WHITE PAPER] 2020 Strategic Freight Management Trends appeared first on Transportation Management Company | Cerasis.
Sales and operations planning, also known as S&OP, is a key business activity for production heavy firms. It integrates sales & marketing strategies with supply chain considerations, allowing for a more unified mission across multiple departments of the business. So how can your firm improve your sales and operations planning? This is a short guide on how to do so.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
Premier event for Procurement & Supply Chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. Paris, France February 13, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the agenda for the European edition of its marquee annual event series, Ivalua NOW 2020.
Today’s headlines are filled with disheartening news about climate change, resource depletion, pollution, hunger, access to clean water, and poverty. The world is paying a high price for the traditional “take, make, use, waste” philosophy that failed to consider the long-range social and environmental consequences of mass consumerism. In response, in 2015 more than 190 countries joined to endorse 17 sustainable development goals (SDGs) ?
Listen to “Inventory Forecasting Lessons for Improved Supply Chain Network Optimization” on Spreaker. Supply Chain Resources to Download The Supply Chain Trends to Know in 2020 Download White Paper Why Blockchain will Create Extreme Supply Chain Management Optimization Download White Paper Revenue Growth At The Hand Of Improved Digital Supply Chains Download White Paper The.read More.
Multivariate Demand Signal Management isolates actual demand signals from inconsistent market activity and improve forecast quality. Multivariate Demand Signal Management (MDSM) brings order to the chaotic flood of structured and unstructured market data a business generates and consumes, revealing complex patterns and helping planners separate actionable demand signals from “market noise and nonsense”.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
I pick up my girlfriend at 4:00 am at her apartment. She doesn’t know where we’re going, but we’re heading north to Sedona, Arizona, about two hours away. We get there shortly after 6:00 am and I pull into a grocery store parking lot. It’s still dark, a bit chilly, and there’s nobody else there. Read more Above the Fold: Supply Chain Logistics News (February 14, 2020).
TireHub is working to transform the tire distribution industry. They are using digital, supply chain technologies, to create on service excellence. Interestingly, the company was formed by two competitors - Goodyear and Bridgestone. The post TireHub Demonstrates the Success of the Amazon Business Model in B2B appeared first on Logistics Viewpoints.
Shippers around the globe continue to express concerns for the state of the freight economy 2020 industry. Experts disagree on whether we are heading for a recession or a boom. The reality is simple; organizations that can roll with the changes and adapt supply chain processes will evolve and experience productive years. Unfortunately, those that.read More.
Coronavirus is getting a lot of attention, but it hasn't had much impact on domestic freight in the U.S. so far. If the slowdown in Chinese exports continues beyond the end of February, however, the effects could ripple through worldwide supply chains and reduce demand for freight transportation here. Trucking will likely be the last transportation mode to be affected.
The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.
Premier event for Procurement & Supply Chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. Paris, France February 13, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the agenda for the European edition of its marquee annual event series, Ivalua NOW 2020.
Sustainability continues to be a hot topic within supply chain management. One area that has proven to be an uphill battle is the reduction of packaging waste for home deliveries. I actually wrote about this topic as one of my very first Logistics Viewpoints articles nearly six years ago. To this day, when I receive a package at my house, I am surprised at how much air and packaging materials are delivered.
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
Valentine’s Day is named after a Christian saint, who, according to the BBC, was willing to give up his life for the sake of love. They write, “The popular belief about St. Valentine is that he was a priest from Rome in the third century AD. Emperor Claudius II had banned marriage because he thought married men were bad soldiers. Valentine felt this was unfair, so he broke the rules and arranged marriages in secret.
Global hi-tech companies are struggling with the impact of the coronavirus. While the mortality rate at 2 percent does not sound like it should shut down global supply chains, 25 percent of those infected end up in intensive care. The high-tech industry is impacted particularly hard because so much of their contract manufacturing resides in China and they run JIT supply chains.
We’re excited to announce that Kuebix, a Trimble Company has been selected by Supply & Demand Chain Executive as a recipient of an SDCE Green Supply Chain Award! The Green Supply Chain Award recognizes companies making green or sustainability a core part of their supply chain strategy, and are working to achieve measurable sustainability goals […].
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Delivery drones article originally published by, and permission to publish here provided by, Simon Pleass at 2flow.ie. Also known as an “unmanned aerial vehicle” (UAV), a drone is an unpiloted aircraft or spacecraft. Drones can be operated remotely by a person or they can be controlled intelligently by computers, or in most cases, a combination of both.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
Too often, shipping organizations focus only on costs when selecting a TMS solution. Whether automating logistics for the very first time (saying goodbye to spreadsheets and phone calls) or seeking to replace an outdated incumbent technology, implementation and subscription costs are not the most important consideration. What’s much more critical is understanding how quickly your investment will pay for itself and begin adding padding to the bottom line.
[link]. OPTIS Consulting is a premium consulting firm focused on Source-to-Pay Transformation Services in North America. We are dedicated to generating value from every dollar you spend in your organization. Our purpose is to bring market-leading Source-to-Pay platforms to our clients. We’ll help you implement and fully adopt these innovative cloud SaaS platforms and achieve your return on investment.
Supply chain visibility remains elusive despite decades pursuing it. Arnaud Morvan states a simple truth, “It’s difficult to see, measure and improve what’s happening across the supply chain.”[1] And that’s a problem. Morvan notes, “The management guru Peter Drucker suggested, you can’t improve what you can’t measure. To go back a step further, you can’t measure what you can’t see.
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