Arkieva Supply Chain Link Blog.
Creating the link between better supply chain planning and decisions.
RECENT POSTS
Thieves in the Temple – Errors in the Planning-Execution System
Here’s a quick look at how to identify and fix errors in planning execution systems.
Selecting the Appropriate Forecasting Method
Selecting the right forecasting methods can be highly critical in how accurate your forecasts are. Unfortunately, there isn’t a golden ticket to forecasting which can essentially ensure accuracy. While the best-fit forecasting method is dependent on a business’ specific situation, understanding the types of forecasting methods can aid in your decision-making.
Portfolio Pruning for Product Managers
Do others challenge your expanding portfolio or complicated offering? Need a portfolio pruning process or policy to keep a manageable inventory? Want to take the drama out of keeping or deleting products?
Is Community Intelligence the Next AI Wave?
Most of us have had some exposure to the “AI Awakening” wave that has emerged over the past few years. Of particular interest to Arkieva and its customers is how this “new technology” integrates with the ongoing journey of creating more intelligent supply chain decision-making process to improve organizational performance.
Demand Forecasting Analytical Methods: Fit Vs. Predict
How to determine when to use a best-fit analysis and when to use prediction techniques for demand forecasting analysis.
Why is Demand Forecasting important for effective Supply Chain Management?
Demand forecasting forms an essential component of the supply chain process. It’s the driver for almost all supply chain related decisions. While demand forecasting is undeniably important, it’s also one of the most difficult aspects of supply chain planning.
Using Demand Planning Statistical Models to Enhance Your Sales Forecasts
How to use demand planning statistical models to enhance the value of your sales input during the forecasting process.
Creating Detailed Customer Order Allocation Data for Yearly Volume Contracts
A guide on how to improve material planning using a more detailed volume allocation of customer orders. It is a common business practice to write up yearly contracts for the volume. Very often, this is done to extend volume discounts to the customer. That is obviously a benefit to the customer. The supplier benefits by knowing how much to budget for in terms of production through the year. They can also count on the revenue coming in.
Outgrowing Excel? Here’s How to Create a Centralized Demand Planning Process
Demand Planning directly affects the business financial plan, pricing, capex decisions, customer segmentation and resource allocation. Considering the criticality and implication of this process, Demand Planners and Managers need to continually evaluate their current Demand Planning process and ensure that the Demand Plan generated is holistic, relevant and timely.
