Inventory Forecasting is the process in which the historical sales data, historical purchasing data, current demand planning, planned production, and distribution resource plan data are used for predicting inventory levels in a future time period.
In my previous blog, I addressed how what-if analysis can help supply chains when faced with uncertainty. This blog is an attempt to delve into some specific what-if scenarios that could arise due to Brexit.
Where did the terms RCCP and MPS come from? Reading the recent blog “RCCP versus MPS – Can They Be Connected?” it struck me whether this question represents the current best in class or do they represent old terms as well as an old way of thinking that should not be the end goal of an organization any more when it comes to supply chain planning.
US and China have been at the forefront of a tariff battle that’s been going on for close to a year and a half now. Given the economic might of these two nations, the tariffs by both sides have not only affected them but have also had a domino effect on several other countries across continents.
Master Production Scheduling (MPS) plans for items that are independent (or direct) demand. Independent Demand is a demand that comes from Sales Orders, Service Orders, or forecasts on end items, i.e., items that we sell to customers. In RCCP, the principle assumption is that family-level assumptions are good approximations for the SKU level detail and the change in the mix will not have a big impact on the capacity projection.
What’s the difference between creating a dashboard you want and the one you need? Focus and productivity. Here are few planning system dashboard tips to help increase productivity.
Discover Why Arkieva is Named As a Leader in The 2019 Gartner Magic Quadrant for Sales and Operations Planning System of Differentiation
We are pleased to announce that due to the amazing support of Arkieva customers, Arkieva has been named as Leader in the 2019 Magic Quadrant for Sales and Operations Planning (S&OP) System of Differentiation (SOD).
Make your obsolete inventory more visible with these simple phase-in phase-out planning techniques.
As supply chain professionals and SCM technology enthusiasts, our conversations and discussions are often forward-looking. Sometimes, it’s essential to focus on the here and now, before looking ahead. In this post, we’ll cover some of the basics of what supply chain management entails, and why it’s a critical component in fueling supply chain innovations.
Setting up a supply chain performance measurement system? Here are 5 things to know