Supply Chain Planning Blog2021-10-05T17:11:10-04:00

Arkieva Supply Chain Link Blog.

Creating the link between better supply chain planning and decisions.

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RECENT POSTS

How Forecastable is Your Data?

Having access to an accurate forecast is very beneficial for businesses. If used correctly, it can provide better margins, increase market shares, and many other positive results. At a more tactical level, it can help reduce the costs associated with meeting the customer demand and make the supply chain more efficient.

Sustainability in Supply Chain Planning: In Practice

Integrated Supply Chain Planning is the best way to be sure that you are running your business in a way that is best for your whole business. When you address your energy needs independent of your supply chain planning you can drive up costs unnecessarily and create rework. Industrial gas companies know this better than most because their production process is an extremely energy-intensive one. Keeping energy use to its minimum is a pinnacle of smart sustainable business practices.

Classical Supply Chain Management Confronts its Quantum Revolution – the Path to Rapid Intelligent Response (RIR)

COVID-19 direct and ancillary events have made clear that uncertainty is an inherent part of the demand-supply network structure. Every firm, on a regular basis, faces “risk situations" such as manufacturing excursion, unexpected new demand or loss of demand, component supplier interruption, etc. This has placed risk management and rapid intelligent response (RIR) front and center in SCM discussions.

Five Steps to Develop an Effective S&OP Process – Step 4: Balance Supply and Demand

Over the past 5 weeks, Jeff Ondria has hosted a set of short interviews on LinkedIn about the five distinct steps to develop an effective S&OP process. In today's blog, we discuss step 4 Balancing Supply & Demand where we will answer some key questions with respect to balancing supply and demand.

Effect of Lockdowns on Essential Goods Value Chain

These interesting times that we are currently living through have thrown open a lot of challenges. Organizations and decision-makers must be agile and innovative to overcome the challenges that COVID-19 has thrown at us. In India, we had 2 lockdown periods in the last 15 months. Being a supply chain student, I try to watch and analyze day-to-day situations with a lot of interest and I see one area that needs improvement when lockdowns are implemented.

Using Coefficient of Variability to Drive Safety Stock Related Decisions

In a previous blog post, we discussed how a high or low value of Coefficient of Variation (CV) impacts the first or second term of safety stock. Today we decided to put this to the test using real customer data - here we will discuss our findings.

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