Arkieva Supply Chain Link Blog.
Creating the link between better supply chain planning and decisions.
RECENT POSTS
Want to Align Projected & Actual Cost Savings for Supply Chain Improvement Initiatives? Here’s How.
A manager once told me that if you add up all the supply chain cost savings projected by various supply chain improvement initiatives over the years, you would have enough money to buy the company five times over. No wonder management is skeptical of benefits offered by improved supply chain planning.
[Webinar] Inventory Planning Methods & Tips for Optimizing Your S&OP Process Today.
Join us as we discuss how to use inventory or supply planning to properly calculate and project future inventory taking into consideration capacity constraints.
Which Team has the most die-hard fans? The Eagles or the Patriots? Our Sentiment Analysis Tool Tells It All.
As a local Philadelphia business, we are so excited about the Eagles making it to the Super Bowl this year, we decided to track the excitement level of people leading up to the event by using our Social Sentiment Analysis Tool.
6 Ways You Can Improve Forecast Accuracy with Demand Sensing
Demand sensing helps us identify the actual customer order trends and helps us improve the near-term forecast. Strategic actions like demand shaping for knowingly increasing or decreasing the demand for the product can be undertaken by sensing demand signals.
Improving Data Visibility with Descriptive Statistics: How to visualize the Product-Volume-Variability-Velocity Matrix
Using descriptive statistics, you can improve data visibility by creating a snapshot of your product volume, variability, and velocity. Here’s how.
5 Key Supply Chain Efficiency Assessment Areas for 2018
If you are looking to improve your supply chain management systems in 2018, you most likely have asked the common question: How do I assess my current efficiency? This is a good starting point for anyone looking to add functionality or identify loopholes within current processes. There is no single perfect method that meets all needs and has no flaws. However, the good news is, supply chain assessments have proven to be very advantageous for many businesses.
What is the bullwhip effect and How do you minimize it?
The bullwhip effect is a concept for explaining inventory fluctuations or inefficient asset allocation as a result of demand changes as you move further up the supply chain. As such, upstream manufacturers often experience a decrease in forecast accuracy as the buffer increases between the customer and the manufacturer.
Don’t be a Supply Chain Innovation Grinch
A holiday Christmas story and adaptation of Dr. Seuss’ “How the Grinch Stole Christmas!” Every Manufacturer Down in Manufacturingville liked
Implementing an S&OP System? Here’s How to Make Your Data Work for You
A look at some of the S&OP implementation best practices for managing your data. Now I’m not going to say, “Ask not what your data can do for you, but ask what you can do for your data.” In the past, I was under the impression that going through a system implementation process of setting up product hierarchies would mark the end of the process. I must now say, there’s more to the story.
