How Forecastable is Your Data?

Having access to an accurate forecast is very beneficial for businesses. If used correctly, it can provide better margins, increase market shares, and many other positive results. At a more tactical level, it can help reduce the costs associated with meeting the customer demand and make the supply chain more efficient.

Using Coefficient of Variability to Drive Safety Stock Related Decisions

In a previous blog post, we discussed how a high or low value of Coefficient of Variation (CV) impacts the first or second term of safety stock. Today we decided to put this to the test using real customer data - here we will discuss our findings.

Look Beyond the Bells and Whistles! What I’ve Learned About Selecting a Business Software from My Gym Memberships.

Pop Quiz: What does a workout and the software selection process have in common? Answer: They both often require breaking a sweat. I hate to admit this, but often I find myself trying new workout routines as a result of commercials I’ve viewed on television. I’d rather not get into the embarrassing details that made

By |2019-04-13T23:09:21-04:00August 1st, 2017|General Topics, Supply Chain|0 Comments

What’s the cost of doing nothing? Easy tips for uncovering problems before they turn into disasters

Is there a need to act if no ‘imminent’ repercussions exist? Can you be a more proactive problem solver? In this 3-part blog series, we’ll cover how proactive problem solving can help your team and business stay ahead of the curve, improve productivity, and avoid costly problems in the short and long term.

By |2019-04-13T23:09:27-04:00April 25th, 2017|General Topics, Supply Chain|0 Comments

A Guide to Surviving the Thanksgiving from a Supply Chain Perspective [Slideshow]

From the four-day weekend with “unbeatable” sales just-in-time for the holidays, to the slowly roasted turkey that leaves everyone in anticipation for hours, thanksgiving remains one of America’s favorite traditions. This thanksgiving, we are extremely grateful to have the opportunity to serve clients that give us thankfulness and joy every day of the year, and

By |2019-04-13T23:09:39-04:00November 23rd, 2016|General Topics, Supply Chain|0 Comments

Five Customer Product Segmentation Pitfalls to Avoid

Many organizations are segmenting customers and products to improve EBIT and working capital or to implement their strategy more consistently. Although segmentation initially seems to be little more than a logical reflection on the customer and product portfolio, it is actually a lot more complex than that. When embarking on a customer product segmentation exercise,

By |2016-09-14T19:21:46-04:00May 26th, 2016|General Topics|0 Comments

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