Arkieva Supply Chain Link Blog.
Creating the link between better supply chain planning and decisions.
RECENT POSTS
“Optimized” Inventory Forecasting a Co-Product of Optimized Central Planning
In a recent blog on Inventory Forecasting the core challenges and business importance of estimating inventory are outlined. A projected inventory position across time (plan) is a natural co-product of most central or master planning models that match assets with the demand to create a projected supply line linked to demand.
Coronavirus a Substantial Supply Chain Interruption – The Importance of Digital Supply Chain
The tragic outbreak of the Coronavirus has again demonstrated the need for ever vigilant health care services and fast response. It has demonstrated that supply chain interruptions from a manufacturing excursion to a port strike to an infectious disease outbreak require two actions from any firm: preparation and response.
Data Science | Analytics Basics: The Difference Between Quantitative and Qualitative Data
In this blog, you will learn some basic guidelines to determine if the data is quantitative or qualitative with a focus on...
What is Inventory Forecasting & Why your Business Needs it?
Inventory Forecasting is the process in which the historical sales data, historical purchasing data, current demand planning, planned production, and distribution resource plan data are used for predicting inventory levels in a future time period.
In Search of the Dashboard You Deserve
Most software packages show current views of current forecasts, sales, production, and inventory. But what if you wanted visibility of the underlying trends, changes, patterns in all systems...
How Can What-If Scenario Planning Help Plan for Brexit?
In my previous blog, I addressed how what-if analysis can help supply chains when faced with uncertainty. This blog is an attempt to delve into some specific what-if scenarios that could arise due to Brexit.
Is your Supply Chain geared-up for this Holiday Season?
For businesses, it’s a great opportunity to cash in on the seasonal spike in customer demand. However, every year it also poses a unique situation with equal challenges along with the opportunities.
Shutdown Days & Demand Patterns
Shutdown days are either planned well in advance or inadvertent and unwelcome manufacturing excursion- this is a factory issue, not a demand issue. The answer is simple...
Lots of Zeroes? Basic Guidelines to Managing Intermittent Demand – Part 2
In Part 1 of this blog, we closed with the following question: “OK, intermittent demand creates a challenge, but I still need a demand estimate, what do I do!” Below we will provide an answer, but with a different orientation that begins with the question: “what is the purpose of the demand estimate?”
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