Arkieva Supply Chain Link Blog.
Creating the link between better supply chain planning and decisions.
RECENT POSTS
Look Beyond the Bells and Whistles! What I’ve Learned About Selecting a Business Software from My Gym Memberships.
Pop Quiz: What does a workout and the software selection process have in common? Answer: They both often require breaking
We compared the Accuracy of 4 Different Demand Forecasting Methods; Here’s What We Found.
Over the past few months, we’ve been running simulation tests on different demand forecasting methods: Winter’s additive & multiplicative, seasonal and robust seasonal. Then, we used MAPE to determine the forecast accuracy for each method. Here’s what we found.
What is Blockchain Technology Worth to Your Supply Chain?
With the advent of Bitcoin in 2009, cryptocurrency has taken the world by storm. The use of digital assets as an alternative to conventional currencies has garnered praise and recognition for its secure and speedy protocols. While the infrastructural flexibility of crypto currencies is yet to stand the test of time, block chains, the underlying technology for crypto currencies is truly a revolutionary step in the field of technology. Companies such as the Swiss Stock Exchange, IBM and Deloitte have already begun implementing block chains into their technology to define transactions and improve security and transparency.
Supply Chain Talk: The 10 Rules of Collaborative Supply Chain Planning
Supply chain transparency and visibility are one of the topmost concerns for most manufacturing business leaders. Without the proper collaboration between the different players within the supply chain, it becomes difficult to create an S&OP that promote productivity, reduce costs, and improve service levels. In this week’s ‘Supply Chain Talk,’ Arkieva CEO Harpal Singh discusses the top 10 rules for creating a collaborative planning process.
Top 5 Lessons Learned After a Year in Supply Chain Planning
A little over a year ago, I ventured into the unchartered territory of supply chain planning. It was an exciting challenge. I had experience as a marketer in the Business Intelligence (BI) and Enterprise Resource Planning (ERP) space. And because ERP solutions often have some supply chain planning functionalities, I thought I could easily apply my knowledge from the ERP space to supply chain planning.
What-if Wednesday: Seasonal Model Forecasting with Seasonal Methods
Seasonal method is a regression method that fits a linear trend along with sine and cosine curves. These sine and cosine portions of the regression can fit any seasonal deviations from the linear trend. Robust seasonal method also fits a trend along with sine and cosine curves, however this method uses linear programming to fit a seasonal series in a way that compared to the regular seasonal method is less likely to be thrown off by noisy values that depart from the trend or seasonality.
Only the Shadow Knows – Identifying the Unobvious with Supply Chain Modeling
While reading a wonderful article titled “Linear Thinking in a Non-Linear World – the obvious choice is often wrong” in the May-June 2017 issue of Harvard Business Review, I was immediately transferred back to the early 1980’s and theme of the IBM Advanced Industrial Engineering department – “only the model knows.”
5 Reasons Why the Amazon-Whole Foods Merger Will Reshape the Supply Chain World
What does the Amazon-Whole Foods Merger mean for the Supply Chain world? Amazon, in a revolutionary move, has acquired Whole Foods Market and its 436 stores nationwide for a cool $13.7 billion. The news has rocked the world of retail with several competitors such as Walmart, Target, and Costco losing shares by 4% - 9% in the aftermath
Key Steps for Measuring, Monitoring, and Improving S&OP Performance
You cannot improve the performance of something that is unpredictable. S&OP processes allow businesses to create a predictable approach to managing the supply chain. In this week’s ‘Supply Chain Talk,’ Arkieva CEO Harpal Singh discusses some of the key steps for measuring, monitoring, and improving S&OP performance.
