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Our Top Blogs from 2021
Arkieva prides itself on providing some of the best in supply chain thought leadership. Over 300,000 individuals read our blog articles in 2021. The volatile nature of the supply chain today drove our readers to educate themselves on practical actions they can take to remain competitive.
Announcing the New Arkieva Brand
We are excited to announce that we are rebranding Arkieva to fuel growth, strengthen our position in the market, and continue to be a recognized leader in the supply chain industry. Over the past few years, we have been relentlessly focused on solving the most complex planning challenges through simple, intuitive, end-to-end solutions leveraging our best-in-class data scientists, software developers, and supply chain optimization consultants.
How “Forecastable” is Your Data? It’s Complex Anyway You Look at It
These “key tools” balance a need for simple with a need to handle the complexity of SCM – following the IBM adage – complexity exists whether you ignore it or not, best not to ignore it.
Using Coefficient of Variation to Drive Safety Stock Related Decisions
In a previous blog post, we discussed how a high or low value of Coefficient of Variation (CV) impacts the first or second term of safety stock. Today we decided to put this to the test using real customer data - here we will discuss our findings.
How to Adjust Your Planning to Meet Changing Sales Patterns
In an ideal world, demand and supply would be steady and predictable, resulting in optimal capacity utilization and no back orders or missed customer orders. However, in the actual supply chain world variations in actual sales vs. projected sales result in lower forecast accuracy, and either overstocking or stock out situations.
A New Year Resolution for Supply Chain Planners: Stop Firefighting
2017 Supply chain productivity and prioritization tips for supply chain planners. Every morning, a supply chain planner must make this decision; “what should I work on today?” In a supply chain of any reasonable complexity, this question can easily be answered with the corresponding fire of the day. On any given day, a supply chain
[Simulation Results] How Does a Change in Demand From a One-Time Event Impact Future Forecast?
Last week I wrote about the potential benefits in forecasting results based on removing outliers from one-time events. A key question that came up because of that post was this: How long does a change in demand as a result of an event (whether up or down) impact forecasts in the future? Rather than theorize
The Effect of Currency Demonetization on Statistical Forecasting
How does currency demonetization affect statistical forecasting? The Government of India recently enacted the policy to demonetize Rupees 500 and 1,000 banknotes. ( ₹500 and ₹1,000). All bank notes of these denominations ceased to be legal tender on November 9, 2016. A Google search on this will reap rich returns; here is an article on this topic on
A Five-Step Approach to Effective Demand Planning Implementation
Good handling of market demand data is one of the most vital concepts in any supply chain. But how to create powerful demand planning implementation? The five-step approach outlined below provides guidance.