Anytime you have a chance to talk to an executive vice president in charge of the global supply chain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global Supply Chain at VF Corporation, did not disappoint. Mr. Bailey has worked most of his career at VF […]
To say that the pandemic made 2020 a very challenging year would be a gross understatement. Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. It was also a very, very tough year for supply chain professionals working in […]
COVID-19 has put supply chain organizations under great strain. But there has been one nice side effect in the consumer goods supply chain. SKU proliferation has been reversed.
P&G is respected for having one of the best supply chains in the world. They rarely speak about their approach to supply chain management in any detail. So, it was a treat to hear Bob Herzog, the Global Planning Digitization Leader for Supply Chain, and Pedro Noriega, Planning Director, North American Product Supply, speak at Kinaxis’ Kinexions 2019 user conference. P&G has developed one of the world’s most agile supply chains. To accomplish this, P&G embraced digital tools, a new network, and citizen developers.
Digitalization requires learning. Pilots of supply chain planning software can cost millions. How can companies test-and-learn cheaper and smarter? A conversation with the leadership team of Solvoyo suggests some answers. Solvoyo is in a test-and-learn with a very large consumer goods company.
Machine learning engines can take data on forecast accuracy and use that data to automatically improve the forecast model. However, three is a rub. Lost sales is a key piece of data on the accuracy of the forecast, but lost sales is generated with a demand forecast. This is circular reasoning. But that does not mean this analysis is without value.
The subscription retail model is not a new concept. The first basic model I can think of is a magazine subscription – a new magazine came every month unless you canceled your subscription. The first subscription service I used was Netflix, way back when the company only shipped DVD’s to your house. However, as the […]
