Arkieva Supply Chain Link Blog.
Creating the link between better supply chain planning and decisions.
RECENT POSTS
Survey Says: Modernize Your Supply Chain IT
It seems we are always reinventing ourselves to meet the latest challenges. Often the solution comes down to managing people, process, and technology.
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.
The Wrong Inventory Approach Can Strangle Production Output
Successful management of inventory is a hot topic in supply chain management. While it's easy to measure, the cause may be complicated to uncover.
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.
Some Good Supply Chain News, For a Change
Despite all the bad news regarding container ships stacked up at ports, pandemic related labor challenges, and chip shortages, there have been a few bright spots regarding the supply chain. The general ideas around vision, technology, and sustainability apply to all of us.
Part 1: How Natural Language Processing (NLP) Can Benefit the Supply Chain
Natural language processing (NLP) in supply chain software can increase accessibility to more users. Find out how your organization can benefit.
Tools of the Trade: National Puzzle Day, Probability and the Board Game Risk
National Puzzle Day is January 29th. It is a day Arkieva celebrates because the ongoing challenge of smarter supply chain decisions involves supersized puzzles and games. This year we will focus on probabilistic forecasting using the board game Risk. This blog will show how Monte Carlo Simulation can be used to estimate the average number of “wins”, but critically the range of possible “wins” across some interval.
