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All Technology: Page 546

Seven High-Tech & Electronics Supply Chain Priorities to Focus on in 2013

Analyst Insight: During 2012, high-tech industry executives recognized that optimizing supply chain operations is directly related to profitable growth, higher operating margins and capital efficiency - each of which helps create value. While new products matter, factors such as selection, price, availability and service also enhance the buying experience. - Gene Tyndall, Executive Vice President, Tompkins International

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The Big Data Imperative in Forecasting & Demand Planning

Analyst Insight: "Big data" software and analysis will be the most important supply chain technology for forecasting and demand planning in the years to come. Through analysis of huge quantities of data it provides a competitive advantage by providing unparalleled insights. The challenge for companies will be staying ahead of the technology in a cost-effective manner, and developing organizational processes to effectively utilize the huge amounts of data and absorb the information into their organizational decision making processes. - Nada R. Sanders, Professor of Supply Chain Management and Iacocca Chair, Lehigh University

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TAKE Solutions Enhances Collaboration Suite; Supports Life Sciences

TAKE Solutions, a vendor of software for supply-chain management and the life sciences sector, has made enhancements to its OneSCM supply-chain collaboration suite.

Pharmaceutical

Ingram Micro Forms Mobility Business Unit

Ingram Micro Inc., a distributor of high-tech products and provider of information-technology services for supply-chain and logistics, has created a new business unit.

Become a Supply Chain Top 25 Peer Voter

Now more than ever, the supply chain is being buffeted by forces nearly impossible to predict - making increased levels of efficiency and agility more important than ever before. But you can become a Supply Chain Top 25 Peer Voter and help rank manufacturers and retailers who are leading the way in supply chain.

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Should Forecasts Be Based on the Past?

Analyst Insight: CFOs today have a keen sense of the cost of volatility and uncertainty in terms of the link between cash/margins and the supply chain, yet they are largely in the dark when it comes to the quantitative techniques available to improve forecast accuracy, which tends to deteriorate as volatility increases. Major changes are being made in forecasting methods to address this volatility. - Sree Hameed, Vice President, ChainLink Research

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Go Back to the Basics for Future Success in Demand Planning, Forecasting

Analyst Insight: As new software and technologies gain market entry and alternative sources of information come into play for improving the process of demand planning and forecasting, it is vital that companies embrace this rampant invasion of methodologies and information with a focused, retrospective view of the basics"”to achieve a successful demand planning and forecasting strategy. A strategy that goes back to the basics can help companies ensure they apply universal and effective principles for success. - Jorge GarcÃa, TEC Senior BI and Data Management Analyst, Technology Evaluation Centers

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A Much More Holistic Approach Is Required in Forecasting & Demand Planning

Analyst Insight: Despite extensive writing from IDC Manufacturing Insights last year extolling the virtues of supply chain responsiveness "” and that in many cases investments in responsiveness might well be better served than investments in forecasting "” manufacturing supply chains continue to rate "making improvements in planning and forecasting" among their top investment priorities. Not that responsiveness isn't important, just that companies believe there is still more progress to be made in things like forecast accuracy. - Simon Ellis, Director, Supply Chain Strategies Practice, IDC Manufacturing Insights

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Smaller But More Frequent Retail Orders

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Leading Semiconductor Company Improves Ability to Respond to Volatility

Challenge: Companies that manufacture components for mobile devices operate in one of the most competitive and volatile industries. Their customers want feedback on the impact of changes quickly, but it often took two weeks to provide answers"”and the information wasn't always accurate.

Global Enterprise Reduces the Challenge of Undertaking "What-If" Scenario Analysis

Challenge: This Global enterprise had a variety of available-to-promise (ATP) and clear-to-build capabilities (CTB) capabilities. However, there was a need for the company to improve its level of analytics, reduce planning latency and increase the speed with which information can be processed and shared.

Premier Measurement Company Gaining E2E Supply Chain Visibility With Kinaxis

Challenge: Like other companies, outsourcing manufacturing operations is a key strategy for this company, which means it must navigate through volatility, while coordinating a virtual supply chain network comprised of multiple supplier and contract manufacturing (CM) partners.

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