Tags: Forecasting

New tools can use AI to respond to queries, but can they really replace the value in the difference between knowing and acting?

Businesses can almost guarantee a jump in returns following the holidays. How can you account for returns in your demand forecasting?

This blog covers the importance of lead and cycle times when calculating safety stock and other things to consider.

This blog continues the discussion of Jane's safety stock journey, where we'll cover an option when you're unsatisfied with your results.

Demand planners are facing unprecedented pressures caused by the all-time high number of planning combinations. Supply chain planning software can help.

The next recession is at our doorsteps. Let’s discuss what we can do to rise to the latest challenge.

Every business can benefit from having a proper demand plan. A pivotal part in this process is collaboration.

Is there an equivalent to the Hippocratic Oath for forecasters? What harm(s) can a forecaster easily avoid? This blog explores some examples.

When engaging in capacity planning, it is important to consider the product mix and seasonality of your business to ensure an effective and accurate outcome.

National Puzzle Day is January 29th. It is a day Arkieva celebrates because the ongoing challenge of smarter supply chain decisions involves supersized puzzles and games. This year we will focus on probabilistic forecasting using the board game Risk.  This blog will show how Monte Carlo Simulation can be used to estimate the average number of “wins”, but critically the range of possible “wins” across some interval.

Having a good forecast is essential to demand planning. It ensures the right goods are produced at the right time and reach the right customers. What’s more is that demand planning is situated at the start of your supply chain, playing an integral part in a streamlined supply chain.

Arkieva prides itself on providing some of the best in supply chain thought leadership. Over 300,000 individuals read our blog articles in 2021. The volatile nature of the supply chain today drove our readers to educate themselves on practical actions they can take to remain competitive.