Why Supply Chain Disruptions Are Happening More Frequently In 2022
In recent years, supply chain disruptions have ramped up largely because of the pandemic, but also because of other economic and political factors. When supply chain disruptions occur, it can cause businesses to lose substantial amounts of money and can damage their reputation if goods aren’t able to arrive to customers on time. Over the […]
Forecasting Performance Monitoring: Key Indicators
Companies use a variety of methods and metrics to track and assess the health of their forecasting capabilities. Two of the most widely used, and most informative metrics are Forecast Accuracy (FA) and Forecast Bias. Using these two metrics, a company can identify trends in forecast performance, conduct root cause analysis to determine drivers of […]
What Are Supply Chain Data Analytics and Why Are They Important?
There has never been a more complex time to work in supply chain. The combination of globalization, rising consumer expectations, and the boom of e-commerce is pushing supply chains to their limit. Old processes that included paper trails and excel spread sheets are no longer able to keep up with modern day supply chain demands. […]
Five Supply Chain Data Challenges Your Organization is Facing
CEOs are not considering supply chains until something goes wrong. The task of developing consistent supply chain strategies and making data-driven decisions to improve performance is extremely undervalued. Some organizations have introduced digital visualization tools, yet they still don’t trust their supply chain data, and resort to manual scrubbing to make sense of data. There […]
How to Transform Supply Chain Data for Actionable Insights
CEOs are not considering supply chains until something goes wrong. The task of developing consistent supply chain strategies and making data-driven decisions to improve performance is extremely undervalued. Some organizations have introduced digital visualization tools, yet they still don’t trust their supply chain data, and resort to manual scrubbing to make sense of data. There […]
Why Canadian CPG Companies Want to Cut Plastic Packaging
It’s no surprise that plastic packaging has serious consequences for the environment due to the high volume that ends up in our oceans and landfills, and the fact that plastic can take 1,000 years to degrade naturally. Today, plastic pollution is growing relentlessly, and recycling efforts are falling short. Only 9% of plastic waste in […]