While reading a wonderful article titled “Linear Thinking in a Non-Linear World – the obvious choice is often wrong” in the May-June 2017 issue of Harvard Business Review, I was immediately transferred back to the early 1980’s and theme of the IBM Advanced Industrial Engineering department – “only the model knows.”
Wondering how inventory is modeled in supply chain planning systems? Here's what you need to know.
Creating a robust scheduling process that adheres to the overall S&OP plan is essential to reducing inventory costs and excess waste. In this week’s, Supply Chain Talk, Arkieva CEO Harpal Singh, outlines four effective strategies for creating a robust scheduling process.
What are the key elements of a sourcing and procurement process plan? Strategic sourcing is a fact based and systematic approach that organizations use to optimize the management of their supply chain. The approach focuses on improvement of the overall value proposition. This means that it does not entirely look at cost but on ensuring that
2017 Supply chain productivity and prioritization tips for supply chain planners. Every morning, a supply chain planner must make this decision; “what should I work on today?” In a supply chain of any reasonable complexity, this question can easily be answered with the corresponding fire of the day. On any given day, a supply chain
Happy new year! Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Just in case you missed some of our supply chain strategy posts, we’ve compiled a list of our popular supply chain posts from 2016 below (ranked based on
Is your supply chain ready for 2017? A supply chain management assessment might be exactly what you need to get started. With the end of the year looming, it’s once again that time of the year when businesses plan for the upcoming year. For organizations committed to a continuous improvement process for their supply chain
I was fortunate to join the Arkieva team in strategy sessions with our Belgium team and European partner - Solventure. Since this was my first time visiting Belgium, I couldn’t help but notice the picturesque sceneries, the architecture, and how beautifully meals were presented. I started pondering if the locals saw all the details that
During my apprenticeship, one of the critical lessons I learned to work successfully with managers and planners is consistently make clear which planning / scheduling problem is the current focus and how it relates to other planning and scheduling decisions. I have organized these decision points into a tier hierarchy for better understanding of what can make business planning successful.
Sales and Operations Planning is a continuous business process that enables firms from hospitals to chemicals to respond to emerging situations intelligently. Today we will discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP.