In many areas of supply chain management, analytic methods generate estimates with “pesky decimals”. The traditional method to eliminate the decimals is rounding. In this blog, we demonstrate the importance of this method and how to calculate these improved integer estimates.
An often-heard theme in supply chain management (SCM) and COVID-19 is “data-driven” – being data-driven is the path to success. For COVID-19 “science-driven” is often said in the same sentence. For SCM demand or customer-driven replaces “science”. This blog will point out a few examples in the COVID-19 challenge demonstrating COVID-19 is an OM challenge.