Tweet Last night I had the pleasure of previewing the International Auto Show at the Jacob Javitz Center courtesy of Ford and the Social Media Club of New York City/ SMCNYC. We were certainly warmly welcomed as we were treated to a cocktail reception and a great networking opportunity with not only social media…
Tweet The Background… Throughout a financially turbulent 2009, the Supply Chain at Electrocomponents plc needed to better integrate into the business and become more intelligent, agile and effective. Just two years into our long-term transformation journey, our key innovations have been to: Introduce formal forecasting. Embed leading Supply Chain thinking including demand planning and SIOP…
Tweet Forecasting & Planning Professionals strive to reduce error in their work. For all this effort, what is the reward? When asked what the cost of forecast error is, most discussions turn to the consequential impact of inaccurate forecasts. Consequential impacts include lost sales and profits, expedited freight, excess and obsolete inventory, and unhappy customers.…
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