Surviving the Impact of Holiday Returns on Demand Forecasting
Businesses can almost guarantee a jump in returns following the holidays. How can you account for returns in your demand forecasting?
A Journey Through Safety Stocks, Part 4
This blog covers the importance of lead and cycle times when calculating safety stock and other things to consider.
A Journey Through Safety Stocks, Part 3
This blog continues the discussion of Jane's safety stock journey, where we'll cover an option when you're unsatisfied with your results.
Demand Planning by Segmentation-based Exceptions
Demand planners are facing unprecedented pressures caused by the all-time high number of planning combinations. Supply chain planning software can help.
Which Came First: Supply Chain Woes or the Recession?
The next recession is at our doorsteps. Let’s discuss what we can do to rise to the latest challenge.
5 Steps to a Global Collaborative Demand Planning Process
Every business can benefit from having a proper demand plan. A pivotal part in this process is collaboration.
The Hippocratic Oath for Forecasters
Is there an equivalent to the Hippocratic Oath for forecasters? What harm(s) can a forecaster easily avoid? This blog explores some examples.
The Importance of Product Mix in Capacity Planning
When engaging in capacity planning, it is important to consider the product mix and seasonality of your business to ensure an effective and accurate outcome.
Tools of the Trade: National Puzzle Day, Probability and the Board Game Risk
National Puzzle Day is January 29th. It is a day Arkieva celebrates because the ongoing challenge of smarter supply chain decisions involves supersized puzzles and games. This year we will focus on probabilistic forecasting using the board game Risk. This blog will show how Monte Carlo Simulation can be used to estimate the average number of “wins”, but critically the range of possible “wins” across some interval.
Automated Forecasting: Finding the Handshake Between Demand and Supply
Having a good forecast is essential to demand planning. It ensures the right goods are produced at the right time and reach the right customers. What’s more is that demand planning is situated at the start of your supply chain, playing an integral part in a streamlined supply chain.