A New Year Resolution for Supply Chain Planners: Stop Firefighting
2017 Supply chain productivity and prioritization tips for supply chain planners. Every morning, a supply chain planner must make this...
2017 Supply chain productivity and prioritization tips for supply chain planners. Every morning, a supply chain planner must make this...
Last week I wrote about the potential benefits in forecasting results based on removing outliers from one-time events. A key...
How does currency demonetization affect statistical forecasting? The Government of India recently enacted the policy to demonetize Rupees 500 and...
This Halloween, while kids dress up in cute costumes to go trick-or-treating and homes gear up with their most ghoulish...
Good handling of market demand data is one of the most vital concepts in any supply chain. But how to create powerful demand planning implementation? The five-step approach outlined below provides guidance.
Is it possible to use a company's public financial data to strategically benchmark inventory? Bram answers this in the two part conclusion to his 'Inventory Benchmarking’ blog series.
The day is nearing where the next CEO will be a former VP of Supply Chain. Continue to develop your skills and you will become a great fit for that position in the future.
Sometimes companies implement a forecasting system but do not realize the anticipated gains in the forecast accuracy. Very often, it is not the actual software but the setup that is to be blamed. And I do not mean the setup at the technical (parameter level) but more the process level. Read this blog post on how to get the setup right.
Supply Chain Planning deals with the future and therefore uncertainty with economy. As a result, the planners sometimes have to question other people’s assumptions. Whether for this or some other reason, they do not get credit that is due to them for the great job they do. Eric Wilson from Tempur Sealy gives them the due credit and then some and calls them the super heroes of business. We agree!
Are you a current supply chain planner? Or are you fixing to become one? Have you wondered what makes someone a good supply chain planner? In this post, I have compiled 5 principles for supply chain planners to follow.
Are the researchers in the academic world aligned with the expectations and needs of the business world when it comes to the world of forecasting? Or are the two very different? What can the academe do that will be of value to the business folks? Read on to see some of my thoughts on this topic.
Have you ever wondered whether you should forecast: Bottom-up? Top-down? Middle-Out? It turns many in the demand planning profession do. Read along to see why you can do all of that and more with attribute based demand planning.
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