What is the ‘Secret Sauce’ to Improve Demand Planning?
Successful demand planning requires a stable and sustainable planning process that is continuously reviewed and improved.
Central Planning Engines: Lessons from Leibniz
Arkieva’s Dr. Ken Fordyce recently participated in the Dagstuhl Seminar, "Modeling and Analysis of Semiconductor Supply Chains" in Wardern Germany. While attending he was able to participate in great discussions about “end to end” planning – aka master scheduling, and has written about his observations in regards to Advanced Planning and Schedule (APS), supply planning, and Central Planning Engine (CPE).
Lessons from IBM: Supply Chain Efficiency & Smart Planning Engines
“Complexity exists, whether you ignore or not – better not to ignore it” Peter Lyon IBM retired, former director IBM Strategic Systems In 1995 the IBM Microelectronics Division made a decision to invest in a “smart” central or supply chain planning engine (CPE) to intelligently match assets with demand to improve its performance and responsiveness.
Building Your First Model
In my previous post, I encouraged you to mingle with your new colleagues and make yourself known as the new go-to person for when planning is involved. While doing so, you have not only started building relationships, you’ve also raised some expectations. Now that you have an idea on what challenges your company might face,
Illusively Complex – Effective Approach to Mixing Judgment and Statistics in Forecasting
In 1994, the IBM Micro-electronics Division, itself a fortune 100 size firm, put in place a major effort to create best in class supply chain planning process and software including demand planning(DM), central planning, available to promise, et al. I was fortunate to be an original member and had the opportunity to work extensively on
Cycle Service Level Versus Fill Rate Service Level – Part Two
Last post, I discussed in some detail the concept of cycle service level and how it works in the retail or a B2C environment. This week, let me take up the case of a business in a B2B environment. Typically, in a B2B environment, the orders are placed in bulk over the phone or the
So You’re The New Guy – Advice For A New Planner
Planning is an art. All planners deal with the daily firefighting while also looking into the future and cautiously calculating possible steps to combat all sorts of scenarios. But how do you plan for scenarios when you are new to a company? Every business is different and while there’s always demand and supply, the devil
Eliminating Some Of The Safety Stock Mystery
In the simplest inventory situation, the only variability is in the quantity of demand for a single day. There is no trend up or down or seasonal effect. The demand today is independent of the demand for tomorrow. Additionally, we will assume replenishment time is zero. That is when we place an order for additional