The way most companies evaluate forecasting performance tells them the magnitude of their error, but does little to identify causes of the error or potential for improvement, says Michael Gilliland of SAS. Gilliland explains how the addition of a few simple analytic tools can provide fuller and more useful evaluations.
Providing medical implants for upper-body surgeries is a critical, time-sensitive business. Raymond Allen of Biomet Microfixations explains how his company forecasts and manages demand so as to never disappoint the patient.
In the UK, Norbert Dentressangle is involved in a long-term scheme in the South East Midlands to support the 91,700 people already working in logistics, boost the logistics sector and answer an urgent need for 285,000 logistics workers the next six years.
Three Qatar companies, Nakilat, Qatargas and RasGas Company, are joining forces to convert a Q-Max vessel as a pilot project making it capable of running on LNG and reducing the ship's exhaust gas and greenhouse gas emissions.
FirstCarbon Solutions, active in environmental and sustainability business solutions, and CDP, an NGO provider of a global environmental disclosure system, announced the debut publication of the Supplier Climate Performance Leadership Index, a new evaluation and benchmarking tool for CDP supply chain members and suppliers.
Surveys conducted by McKinsey and Company indicate that supply chain management is becoming a higher priority in boardrooms at the same time the job is becoming more challenging and complex. McKinsey Principal Yogesh Malik identifies issues for supply chain managers to address now and trends to watch.