Cosmetics is a half-trillion dollar industry that is continuing to expand. The cosmetics industry is growing among young people, especially due to increased marketing promotions and paid influencer campaigns on social media, and the recent trend towards focusing on self-care. As with any industry, an efficient and transparent supply chain is necessary in order to […]
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 […]
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 […]
Have you heard of the SCOR Model? It’s a popular methodology that has been used by thousands of organizations to improve their supply chain performance. But what are the benefits, and how does The Owl Solutions leverage SCOR with their software? Revolutionize Your Supply Chain with The Owl Solutions and the SCOR Model The supply […]
