On the wires: Container shipping on the mend – so what? Now what?
A good piece of work!
Interesting insight from SupplyChainDive on how Japanese games giant Ninetendo got its sales forecasting for first its 3DS model, and then its 3DS XL model completely wrong. Each time it sought to adjust its forecasts, it managed to amplify its errors. “Forecasting is an inexact science. As a result, supply chain managers are used to frequently adjusting their predictions to better meet supply and demand counts. But Nintendo’s example shows the dangers of overcorrection.”
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