Safety Stock for Raw Materials – A View from the Trenches and Importance of Community Intelligence
A common question is how to best manage safety stock for critical raw materials that are critical to the production of the exit product...
What-If Scenario Planning – Part 3
Picking up from where I left off in my previous blog, I will look at a few more scenarios in both short and long terms in this blog. Even though Brexit is the theme for these scenarios, the underlying principles apply to any situation with uncertainty in supply planning.
Optimization and Central Planning: Compass or Advanced Navigation
Two ongoing questions are: (1) when an organization migrates from an Excel-based central/supply/master plan is it best to go to a rule-based method or an optimization-based method and (2) is optimization a compass that identifies true north or is it an advanced navigation system. This blog outlines my view and alternative views on each question.
What is Inventory Forecasting & Why Does Your Business Need It?
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.
How Can What-If Scenario Planning Help Plan for Brexit?
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.
RCCP versus MPS –historic terms and a path to inadequate organizational performance
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.
Supply Chain Planning in the Times of a Trade War
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.
RCCP versus MPS – Can They Be Connected?
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.
How do you create a more productive dashboard with your planning system?
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).