What Does Your Pantry Have in Common with Inventory Management?
Unlike a fine wine, inventory does not get better with age. Learn more about the importance of balancing inventory levels with related costs.
Demand Planning by Segmentation-based Exceptions
Demand planners are facing unprecedented pressures caused by the all-time high number of planning combinations. Supply chain planning software can help.
Demand Patterns Inside a Period
Demand forecasting is often done in planning buckets such as months or weeks. But what about the pattern of demand inside a period? Whatever pattern it is, a demand planner should strive to understand it.
The ROI of Inventory Reduction
A lot of projects propose to deliver ROI through lower levels of inventory. Servicing the demand at desired service levels with lower inventory should save the company some money. But how, exactly?
The Hippocratic Oath for Forecasters
Is there an equivalent to the Hippocratic Oath for forecasters? What harm(s) can a forecaster easily avoid? This blog explores some examples.
Building the ROI Case for Demand Planning
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?
The Importance of Product Mix in Capacity Planning
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.
Top 5 Signs You Have Outgrown Your Planning System
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?
4 Barriers to Capturing True Demand
If one is going to forecast demand into the future, it would make sense to get as true a picture as possible. For that, starting with historical demand would be the obvious choice. Choosing this data as the basis for forecasting would ensure the best possible projection out in the future.
Our Top Blogs from 2021
Arkieva prides itself on providing some of the best in supply chain thought leadership. Over 300,000 individuals read our blog articles in 2021. The volatile nature of the supply chain today drove our readers to educate themselves on practical actions they can take to remain competitive.