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?
Part 3: How NLP Benefits the Supply Chain – Internal Structured Data
This blog discusses how utilizing a semantic parsing method can help a less experienced user transform their data questions into advanced database queries, and how it can help detect errors in datasets.
Part 2: How Natural Language Processing (NLP) Can Benefit the Supply Chain – Internal Unstructured Data
We know how to deal with structured data but working with unstructured data might be a bit more time consuming and challenging. There are multiple solutions that NLP offers to transform your unstructured enterprise data to structured data.
10 Ways to Buffer Supply Chain Risk
In today’s highly globalized economy, no country can remain isolated or insulated from the outside world. The world is so interconnected that one hiccup can cause a myriad of issues downstream.
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.
Managing Supply Chain Transformation Beyond IT
Senior leadership engagement, business process analysis, and proper communication ensure a successful supply chain transformation.
Tools of the Trade: Characteristics of Agents of Change Teams to Drive Successful Investment
In previous “tools of the trade” blogs, the focus has been on conveying a basic understanding of core technologies critical to improving supply chain management decision making. Other blogs have focused on investing in technology. As with any investment there are risks to success. This blog focuses on the need for a small group driving technology that upsets the social order called agents of change (AOC).
What To Expect in 2022: Arkieva’s Take on 2022 Supply Chain Trends
With the new year comes pundit “prediction season”. It seems that anyone who can type will post their list of things to look out for. It’s human nature to look ahead and anticipate what may be. We all look back to look forward – just like a good demand forecast does. And if you think about it, most calendar-year business plans are in truth, predictions about the year to come.
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.
Subscription-based Supply Chain Systems
Subscribe and save makes planning easier. Consistent demand means less fluctuation in order volume, which makes forecasting, inventory management and scheduling more predictable.