Arkieva Supply Chain Link Blog.
Creating the link between better supply chain planning and decisions.
RECENT POSTS
IOT and Digital Enterprise Move Over – the next wave: Community Intelligence
Community Intelligence synchronizes the use of technologies in a manner that is focused on closing gaps in critical decision-making processes in the ongoing journey of more intelligent supply chains to improve organizational performance.
3 Essential Steps for Setting Supply Chain Digital Transformation Goals
Building the business case for change is crucial to compel transformation at a leadership and organizational level. Before you start any transformation project it is important to understand the why, what, and how and articulate a clear vision and path of the future state.
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.
Probabilistic Forecasting and Confidence Intervals
Historically, most of the key planning and computational activities (models, time series, machine learning, and other analytics) that support extended supply chain management (SCM) are “deterministic models”.
Forecasting Lessons From Popeye Chicken Sandwich Stockouts
Though social media could drive up the brand of a company, it can also cause big disruptions in the supply chain operations of a company. A great example that happened recently is where Popeyes Louisiana Kitchen chain ran completely out of chicken sandwiches.
Business Forecasting Lessons From Hurricanes
With each storm, there comes a bevy of forecasts put out by different computer models. These forecasts begin about 10 days out and change as the storm gets closer and closer. This blog tries to extract some learnings from this process of forecasting.
Top 7 Benefits of System driven Inventory Projections
Scientific and system-driven Inventory Projection facilitates a quick decision-making process and enables a prompt analysis of alternative what-if scenarios. The following are the top 7 benefits of system driven inventory projection.
Effect of Shutdowns (or Other Supply Disruptions) on Demand Variability
When trying to forecast demand for the future, it is important to understand the variability in the underlying dataset.
Make Demand Segmentation Effective With The Use Of Exception Management
There is no doubt that demand segmentation can help you bring clarity to demand planning and the overall supply chain planning process and lead to far superior results in terms of various supply chain metrics. At the core of segmentation is the understanding that one size will not fit all.
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