This week, we sat down with supply chain veteran Carol Valentine Fleck. With over 27 years of experience in the world of supply chain, primarily in the manufacturing sector, she’s worked for a few different industries: telecommunications, healthcare, and glass packaging. Her career journey has allowed her opportunities to work internationally in The United States, […]
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 […]
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. […]
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 […]
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 […]
Did you know that between 30-40% of food wasted occurs at the supply chain level? (Centre for Nutritional Studies, 2021). There are a number of different reasons why food waste occurs upstream. Some include over production, quality standards, logistics, unpredictable weather and more. By addressing food waste upstream and at the supply chain level, it […]
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 […]
