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
Happy New Year! As we look back at 2015 from a supply chain perspective, digital supply chains seem to show up very prominently. In this blog, let us look at some of the trends in the supply chain space that came to be in 2015.
In the last few years, more and more people are getting involved in the field of supply chain. By some estimates, around 26% of all jobs are related to supply chain. With so many people involved in the supply chain, a good question to ask is this: How should one manage their supply chain career. This blog post sheds some light on the subject.
In my last post, I discussed how one should approach the calculation of ROI for a Supply Chain Planning Project. I provided some general guidelines on tangible versus intangible benefits, and also mentioned what to include or exclude in your final ROI calculations to be presented to management. In this post, I will discuss an
So you have been working with your team and possibly a few external vendors in order to get some improvements done in your supply chain planning. Perhaps, this has to do with buying software, or maybe it has to do with process improvements within your supply chain planning process. You of course want to get
I was recently exposed to the idea of thinking like a hedgehog (one big idea) versus the fox (a lot of different ideas). So what happens when people who are more like hedgehogs in their line of work, interact with people who think like a fox? I just happen to know two such groups: Business leaders