In this blog are some analyses based on the Pareto principle (or as is very commonly referred to as ABC analysis) that one can do in order to determine the alignment of the inventory with the overall needs of the supply chain.
An earlier Sudoku blog recognizing Puzzle Day, provided an overview of solving Sudoku using MILP optimization and mentions these methods are helpful to find solutions in supply or central planning. This blog elaborates on “binary variables” which is the connecting technology between Sudoku and Supply Chain Management (SCM).
I learned this morning from my LinkedIn feed that January 29 is national puzzle day. So, we decided to put out a fun blog to mark the occasion. We have tried to solve Sudoku using a Mixed Integer Program (MIP). This blog is unrelated to Supply Chain although we use the technique used here to solve supply chain problems. Please enjoy!
Some time ago, I had been trying to help a business improve its statistical forecasting. We tried different parameters and different forecasting algorithms but the statistical forecast for about half of the products could not be improved no matter what we tried. We decided to do a deep dive to understand the reason.
I was asked recently about what it takes to transform the supply chain planning process of a company. Having gone through this process a few times in my past, I thought it best to share my experiences and suggestions in the form of a discussion with Tapan Mallik during a webinar. This blog is a precursor to that webinar.
With strong leadership by the executive team, over time, the business begins to think in terms of overall health and welfare of the company, rather than optimizing a function at the expense of the overall company benefits.
Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Here we have compiled a list of our popular supply chain posts from 2020.