Arkieva Supply Chain Link Blog.
Creating the link between better supply chain planning and decisions.
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RECENT POSTS
Tools of the Trade: How to Compare / Combine Diverse Time Series – “Normalizing”
A reoccurring challenge in comparing and combining diverse time series in demand forecasting is the “scale” – as it is in combining metrics. Rescaling is a powerful but simple method to help with this issue enabling demand planners to focus on similarities of shape. This blog provides an example of one method called normalization.
How to Combine Diverse Supply Chain Metrics
Learn how to combine very different metrics/KPIs towards a composite score, this is a question that comes up quite often in my conversations with customers.
Supply Chain – Finance Connection: A Supply Chain Improvement Case Study
In this blog, we will demonstrate the link between Finance and Supply Chain and how this understanding can help define supply chain improvements by understanding elements of the Balance Sheet and Income Statement.
Pandemic Induced Supply Chain Issues
Recently, we have heard about several product shortages and other issues in the supply chain. Let us try and make sense of some of these in this blog. As I live in the US, my experience is somewhat limited to what happened here.
AI/ML, SCM, The Holy Grail, and Helpful Information from Foresight
In this blog, we point the reader to a recent article “Humachine”, which identifies the general challenge of implementing decision technology to improve SCM decision making resulting in improved organizational performance and the importance of experience in the trenches.
Time Series Forecasting Basics
In this blog we briefly cover some key insights for successful time series forecasting: (a) Profiling the Shape of the Curve is the first stage, and the first step is assessing if the time series is stationary. (b) The forecast method identified must capture the shape and be able to project the shape across time. (c) There are limits in historical and no amount of “fancy math” can overcome them.
Lessons From the Suez Canal Blockage – Supply Chain in the News
In the past few days, the news of the blockage of the Suez Canal by a massive container ship called the Ever Given has been dominating the news, so much so, that even kids are talking about it. The phrase ‘supply chain’ is now being mentioned more often than ever before in news media. Some outlets have estimated the cost...
Hierarchical Supply Chain Planning – S&OP to Execution
For your business to effectively carry out the supply chain planning process, you will need to link up your short-term and medium-term, to the executive level S&OP plan so that it drives your tactical planning and operational planning.
Arkieva Recognized as Visionary by Gartner
We are pleased to announce that due to the amazing support of Arkieva customers, Arkieva has been named as a Visionary in the 2021 Magic Quadrant for Supply Chain Planning Solutions.
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