How Does Flawed Demand Forecasting Lead to Supply Chain Volatility?

Nortech fulfillment solutions and demand forecasting for cable and wire assemblies

If you’re struggling with supply chain volatility, here are three critical questions to consider: Could volatility in your supply chain be traced to a flawed demand forecasting model? To what extent does stocking level accuracy impact your inventory costs?  How does your on-time delivery rate impact monthly revenue recognition? Companies who partner with a contract […]

Are Supply Chain Demand Forecast Fluctuations Creating Havoc with Your Scheduled Deliveries?

With careful analysis of a long history of usage, plus forward-looking expectations of demand, the teams were able to set up a process to build components based on a reliable forecast AND to put processes in place to safeguard against fluctuations. These processes included a stocking program to keep inventory on-hand for swings in demand

Questions to Consider: If you’re struggling with unpredictable delivery schedules, here are three critical questions to consider: Are outdated just-in-time and just-in-case practices creating havoc for your on-time deliveries? What are the hidden costs as a result of supply chain demand forecast fluctuations? Is your MRP system up-to-date with suppliers’ shifting lead times? Our client, […]