Remove Eliminating Excel in Purchasing Remove Procurement Remove Research
article thumbnail

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.

article thumbnail

Organizational Alignment: Overlooked, but So Important.

Supply Chain Shaman

” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?” Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. This gap grew over the last decade.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Network Investment. Defining the ROI.

Supply Chain Shaman

In this research, 81% of brand owners and contract manufacturers primarily depend on communication through email and spreadsheets. In addition, a purchase order changes three-to-four times and there is a black hole (data is caught between email systems of trading partners for one-to-two days). PE Firm Buy-out and Consolidation.

article thumbnail

Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

Supply chain excellence is easier to say than to explain. In this area of research, I find that companies are like dogs chasing cars. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. The reason? Discontinued in 2011.

article thumbnail

Just Jump

Supply Chain Shaman

The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing. In the research, we find that deploying an outside-in model always beats an inside-out model, reducing process and data latency while improving the organization’s ability to make decisions at the speed of business.

article thumbnail

Top 12 Most-Read Supply Chain Articles Of SCMDOJO 2024

SCMDOJO

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

article thumbnail

Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

Linkedin Comment Donald Cavin Data Warehousing Consultant at Ohio State University Comprehensive Cancer Center-James Cancer Hospital & Solove Research Institute. In 2004, I joined AMR Research, a Boston Analyst firm. We remain committed to open content research and firmly believe that content should never be behind a paywall.