Businesses spend a lot of time and money in improving their demand planning. However, the ROI is not always forthcoming. How much is a 1% improvement in forecast accuracy worth to the business?

We know how to deal with structured data but working with unstructured data might be a bit more time consuming and challenging. There are multiple solutions that NLP offers to transform your unstructured enterprise data to structured data.

Successful management of inventory is a hot topic in supply chain management. While it's easy to measure, the cause may be complicated to uncover.

In today’s highly globalized economy, no country can remain isolated or insulated from the outside world. The world is so interconnected that one hiccup can cause a myriad of issues downstream.

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.

Senior leadership engagement, business process analysis, and proper communication ensure a successful supply chain transformation.

Despite all the bad news regarding container ships stacked up at ports, pandemic related labor challenges, and chip shortages, there have been a few bright spots regarding the supply chain. The general ideas around vision, technology, and sustainability apply to all of us.

Natural language processing (NLP) in supply chain software can increase accessibility to more users. Find out how your organization can benefit.

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.

In previous “tools of the trade” blogs, the focus has been on conveying a basic understanding of core technologies critical to improving supply chain management decision making. Other blogs have focused on investing in technology.  As with any investment there are risks to success. This blog focuses on the need for a small group driving technology that upsets the social order called agents of change (AOC). 

Industry analysts, big-time consultants, and your peers are all talking about technology, digital transformation, and the future of the supply chain. It can seem like a lot of noise given the day-to-day pressure you feel while working to ensure that inventory is on hand and positioned where it is supposed to be. With all you have on your plate, are you aware of the signs that it is time for a change? 

With the new year comes pundit “prediction season”. It seems that anyone who can type will post their list of things to look out for.  It’s human nature to look ahead and anticipate what may be. We all look back to look forward – just like a good demand forecast does. And if you think about it, most calendar-year business plans are in truth, predictions about the year to come.