How to Read the Financial Statements for Supply Chain and Procurement Professionals
There are three main financial statements: Cash flow statement Income statement or Profit and Loss statement (P&L) Balance sheet Cash Flow Statement The cash flow statement shows the inflows...
How to Read the Financial Statements for Supply Chain and Procurement Professionals
There are three main financial statements: Cash flow statement Income statement or Profit and Loss statement (P&L) Balance sheet Cash Flow Statement The cash flow statement shows the inflows...
Excel Functions for Demand Planning
In today's dynamic business environment, supply chain and demand planning have become critical to successful businesses. As a result, demand planners and supply chain managers are constantly looking...
From Data to Decisions—The Role of Analytics in Supply Chain Planning
Today, manufacturers, distributors, retailers, and logistics providers form a complex global supply chain. In this environment, informed decisions that optimize performance throughout the supply...
How to Avoid These 7 Costly Supply Chain Planning Mistakes
Supply chain planning is essential to running any business because it determines how effective and efficient your supply chain operations are. It entails forecasting demand, managing inventory, and...
Outsmarting Supply Chain Vulnerabilities: A Guide to Planning and Forecasting—Guest Post by CEO DB Schenker, David L. Buss
In today's digital economy, businesses have come to rely heavily on their supply chain networks. While the efficiency and cost savings associated with these networks are undeniable, they also...
The Power of Data in Supply Chain
“In God we trust, all others bring data”, W. Edwards Deming, statistician, professor, author, lecturer, and consultant. “The goal is to turn data into information, and information into insight”,...
How To Scale Your Business Operations Fast Without Burning Your Money
Are you feeling the pain? A yes answer could be great. For example, when you are working out, feeling some pain means that your body is obtaining results. If you are feeling pain in your business,...
You got the data, now what? Data Analysis, Predictive Analytics, and AI in Supply Chain
You got the data, now what? Data Analysis, Predictive Analytics, and AI in Supply Chain What are you doing to have a significant impact on the financials of your organization? What are the...