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.
Looking for the characteristics of an excellent supply chain? Look no further. Many colleagues have provided their input on the topic. Also look for the first part of this post from a few weeks ago.
Renaud Perray of Cardone Industries was recently recognized as the Supply Chain Pro to Know by the Supply and Demand Chain Executive Magazine. We extend our congratulations to Renaud and his team via this blog post.
What makes an Excellent Supply Chain? Are there certain key factors that can point to a supply chain being excellent? When asked this question, I thought of the list in this blog which I consolidated alphabetically under ABCD. I am hoping folks who read it will provide their own ideas via comments and together we will make this list the A to Z of an excellent supply chain.
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.
Should one forecast at the SKU-Customer-Location level and aggregate the results up? Or should one forecast at the product-family-region level and dis-aggregate the results down? Or should one do both and try to triangulate the results? Which method gives the best results to the business? Let us look at this together.
Have you gone through a software implementation in a large company? How much time did you spend in committees discussing things? What was the level of detail at which discussions were had? Do you think all that preparation got your firm better positioned for success? How were the results in the end? This blog post puts forward some ideas on making software implementations successful.
OK, I confess! I am thinking like a software provider when I use the words ROI questions. Maybe at times it is a discussion among colleagues. It could be that one is talking to oneself regarding the potential benefits of a project. Whatever form it takes, my purpose in this blog is to illustrate how one