Arkieva Supply Chain Link Blog.
Creating the link between better supply chain planning and decisions.
RECENT POSTS
Reporting Forecast Accuracy At Sales and Operations Planning Meetings
You have a favorite forecast accuracy metric(s) you’ve been practicing within the organization for a while, and now you think
What Is OLAP And Why Should I Care About It?
OLAP (Online Analytical Processing) has been growing in popularity due to the increase in data volumes and the recognition of the business value of analytics. OLAP capabilities provide endless options to support visibility in supply chain.Read this blog post if you have large data sets and are using or thinking of using OLAP tools to analyze this data.
The Family Tree of MAPE
I saw this news article on CNN (here) about our planet’s earth bigger, older cousin. Quite an interesting discovery if
My Network Design Is Not Your Network Design
From my observations, movement of material through a company’s supply chain is increasingly becoming a major portion of delivered costs.
How To Measure BIAS In Forecast
I spent some time discussing MAPE and WMAPE in prior posts. In this post, I will discuss Forecast BIAS. Forecast BIAS can
All Things Belgian : Supply Chain of Belgian Beer Follow Up
A few weeks ago, I talked about the Supply Chain of Belgian Beer (click here to read that) and shared
How to Report Forecast Accuracy to Management
In our line of work at Arkieva, when we ask this question of business folks: What is your forecast accuracy?
Two Sides of the MAPE Coin
Key Points on MAPE: Mean Absolute Percent Error (MAPE) is a useful measure of forecast accuracy and should be used
Generate, Test, Next: Computational Principles That Support Important Decision Technologies
Most folks involved in Sales and Operations Planning (S&OP) for supply chain management have heard the terms “optimization” or “linear
